Avalanche is under pressure from profit-taking and token unlocks, increasing supply.
Astar’s smaller market cap makes it more vulnerable to emissions-driven selloffs.
Dogecoin’s decline is fueled by whale selling and concentrated holder activity.
The cryptocurrency market has turned weak again in late September 2025. Many major and mid-sized coins have lost value, with Avalanche (AVAX), Astar (ASTR), and Dogecoin (DOGE) among the most affected. Each of these tokens is facing its own challenges, yet there are also common reasons for their decline. Global financial conditions, sudden selling by large investors, and token supply changes are pushing prices down.
The fall in these cryptocurrencies is closely tied to what is happening in the wider financial world. In September 2025, central banks around the world made key policy moves, including rate cuts in some economies. However, instead of boosting confidence, these moves created more uncertainty. Investors pulled money from risky assets like cryptocurrencies and preferred safer investments.
This shift caused sudden price drops across many digital assets. Margin calls and leveraged positions added to the fall, as traders who borrowed to invest had to sell quickly when prices slipped. These liquidations increased the pressure, sending prices lower for many coins in just a short span of time.
Avalanche has been hit by strong selling after enjoying big gains earlier in the year. Recent trading shows that AVAX is now well below its previous highs. Much of this is due to profit-taking by early investors and institutional holders. When large amounts of AVAX are sold in a short time, the market struggles to absorb the supply, leading to steep price falls.
Another factor is Avalanche’s token unlock schedule. Like many blockchain projects, Avalanche releases tokens to investors and projects over time. When these tokens enter the market, they increase the available supply. If demand is not strong enough to match the new supply, the price tends to fall. This has been visible in recent weeks, as unlocks and selling by big holders added weight to AVAX’s market value.
Headlines about large institutional moves related to Avalanche have also created sharp swings. News about big fund actions initially sparked attention, but the lack of follow-up buying led to weak demand. This allowed downward pressure to dominate trading activity.
Also Read: How to Trade Cryptocurrency: Complete Beginner's Guide 2025
Astar is a smaller project compared to Avalanche and other major layer-1 coins. Because of its smaller size and lower market liquidity, its price reacts more strongly to even small amounts of selling. Recent exchange data shows ASTR dropping after a period of sideways movement, signaling that selling pressure has overtaken market support.
The tokenomics of Astar also play a big role. ASTR tokens are released gradually over months, and these emissions add supply to the market. Whenever a new supply appears and the market lacks fresh buying interest, the price tends to decline. Since mid-cap and small-cap tokens often lack strong liquidity, the effects of selling can be harsher and faster compared to bigger cryptocurrencies like Bitcoin or Ethereum.
This combination of weak market appetite for smaller tokens and predictable emissions has created the perfect environment for ASTR to fall more sharply than some larger coins.
Dogecoin’s decline is linked more directly to large holders, often called whales. On-chain data shows that whales moved and sold large amounts of DOGE in late September. In just one day, tens of millions of DOGE coins were offloaded into the market. This massive supply flooded exchanges and pushed the price down rapidly.
When such big moves take place, they not only affect prices but also hurt trader confidence. Once the DOGE price started slipping below key technical levels, stop-loss orders and leveraged positions began to trigger, making the fall even steeper. Traders who had borrowed against their DOGE holdings were forced to sell, adding to the pressure.
The effect of whale selling highlights Dogecoin’s market structure. Unlike some tokens that are spread across many holders, DOGE remains concentrated among a few wallets. When these wallets sell, the impact is far greater. Combined with already weak market sentiment, this has left DOGE vulnerable to sharper declines.
Also Read: Why You Should Buy Dogecoin Before 2026: Key Reasons Explained
Liquidity plays a major role in how fast prices move during downturns. In times of strong buying, markets can absorb new supply. However, when demand is low, even moderate selling can cause steep drops. Leverage worsens this problem. Traders using borrowed funds face forced liquidations when prices move against them.
This situation has affected all three tokens. Limited liquidity and scheduled token unlocks caused Avalanche and Astar to struggle to absorb unanticipated supply shocks. For Dogecoin, whale selling quickly drained liquidity at the top buy levels. The result was a chain reaction of liquidations and panic selling.
The networks behind these tokens still show important development activity. Avalanche continues to attract smart contract projects and partnerships. Astar is building on its integrations and developer tools. Dogecoin remains one of the most recognized cryptocurrencies with a large community.
However, fundamentals are not what is driving short-term price action. Instead, market psychology is in control. Fear, uncertainty, and profit-taking have overshadowed long-term adoption news. Investors are reacting more to token unlocks, whale moves, and headlines than to the technical progress of the networks themselves.
The next steps for Avalanche will likely depend on its token unlock schedule and whether new partnerships can attract sustained buying interest. If demand remains weak, each unlock may create another wave of selling.
For Astar, the focus will remain on emissions and market liquidity. As long as smaller investors hesitate to commit new funds, the token may continue to struggle during unlock periods.
Dogecoin’s path depends largely on whale behavior. If selling pressure from large holders slows down, the price may stabilize. However, continued whale offloading could push DOGE lower in the near term.
On a broader level, macroeconomic conditions will remain the most powerful factor. Any shift in central bank policy or global liquidity could change the mood across all cryptocurrencies. Until risk appetite improves, Avalanche, Astar, and Dogecoin may continue to face pressure.
Avalanche, Astar, and Dogecoin are falling for different but connected reasons. Global economic uncertainty and a cautious approach from investors have set the stage. Token unlocks and selling pressure are dragging Avalanche and Astar down, while whale-driven moves are hitting Dogecoin especially hard. Liquidity and leverage are making the declines even sharper, showing how fragile the current market remains.
While the networks themselves continue to grow and develop, the short-term market is being ruled by psychology, supply events, and concentrated selling. Watching token release schedules, whale activity, and global economic signals will provide the best clues about whether these declines will slow or deepen further.
Q1. Why is Avalanche (AVAX) falling in price?
Avalanche is facing heavy selling from profit-taking investors and token unlocks that increase supply, creating strong downward pressure on AVAX.
Q2. What is causing Astar (ASTR) to drop?
Astar’s decline is tied to its smaller market cap, low liquidity, and ongoing token emissions, which make its price more sensitive to sell pressure.
Q3. Why has Dogecoin (DOGE) seen a sharp decline?
Dogecoin is falling mainly due to whale selling, where large holders offloaded massive amounts of DOGE, triggering further liquidations and panic selling.
Q4. How does the broader cryptocurrency market affect these tokens?
Global economic uncertainty, central bank policies, and weak investor appetite for risk assets are contributing to declines across the cryptocurrency market.
Q5. Can Avalanche, Astar, and Dogecoin recover soon?
Recovery will depend on reduced selling pressure, stronger market demand, and improving global conditions that restore confidence in the cryptocurrency market.
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