DOGE Sees $180M Whale Accumulation Amid Price Dip and Resistance at $0.25
Dogecoin (DOGE) is currently trading at $0.22751, down 3.16% over the past 24 hours, with a 24-hour trading volume of $3.34 billion and a market capitalization of approximately $34 billion, maintaining its position among the top 10 cryptocurrencies. The recent price decline follows a period of heightened market activity and increased open interest, as large holders acquired 740 million DOGE (over $180 million), and bullish technical patterns were highlighted by analysts in recent news. Despite positive sentiment driven by predictions of significant upside and the launch of new mining platforms, DOGE faced resistance at $0.25, leading to a pullback and short-term consolidation as traders await confirmation of a breakout above key resistance levels.