DOGE Sees 6.67% Dip Amid Whale Accumulation and Solana Integration, Trading Volume Hits $2.7B

Dogecoin (DOGE) is currently trading at $0.23004 with a 24-hour price decline of 6.67% and a trading volume of approximately $2.6–2.7 billion, maintaining a market capitalization near $34 billion and ranking #8 by market cap. The recent price drop follows a period of heightened volatility, despite positive developments such as Dogecoin’s integration onto the Solana blockchain via Wormhole, increased whale accumulation of over 1.4 billion DOGE, and a surge in network activity and large transactions. While technical indicators show DOGE testing a key resistance zone between $0.24 and $0.26, the latest 24-hour decline appears to be a short-term correction after a week of gains, likely influenced by profit-taking and market-wide volatility rather than negative news, as broader sentiment and institutional interest remain supportive.