DOGE Dips 2.71% as Whale Accumulation Surges 112%—Key Levels in Focus After Rally

Dogecoin (DOGEUSDT) experienced a price decline of approximately 2.71% over the past 24 hours, with the current price on Binance at $0.19850 and a 24-hour open of $0.20402. This recent decrease can be attributed to a combination of short-term profit-taking following last week's over 20% price rally, shifting market sentiment, and a significant drop in trading volume—over 63% according to some sources—suggesting reduced market activity and increased caution among traders. Despite this short-term dip, whale accumulation has risen by more than 112% in the past week, indicating strong interest from large investors and supporting a generally bullish outlook over the weekly timeframe.

Currently, Dogecoin maintains a market capitalization near $29.5 billion, with a circulating supply around 150 billion DOGE and 24-hour trading volumes ranging from $1.53 billion to $6.81 billion across major exchanges. The asset remains actively traded, and investors are watching key resistance at $0.2100 and support at $0.1900 for potential future price direction.