High-Stakes Dogecoin Bet: Trader Invests Entire Portfolio in 10x Leverage

Crypto trader James Wynn has taken a high-risk gamble with Dogecoin (DOGE). He’s leveraged his entire portfolio of several thousand dollars for a long position on DOGE, aiming to profit from its rapid price increase. With a leverage of 10x, Wynn’s entry point is set at $0.21298, leaving him incredibly exposed to the volatile market. A small dip in price could trigger liquidation at $0.20989, putting his entire investment at risk.