DOGE Token Faces 2.39% Dip Amid $250M Unlock Event, Large Holders Accumulate $24M

Dogecoin (DOGEUSDT) experienced a 2.39% price decline over the past 24 hours, with the current price at $0.15321 and a 24-hour open of $0.15696, according to Binance data. This price movement followed heightened volatility after a weekend crash and subsequent recovery, as DOGE rebounded from lows near $0.143 to test resistance above $0.153. The decline in trading volume from over $5 billion to around $1.8 billion, along with anticipation of a significant token unlock event exceeding $250 million in combined DOGE and SOL, contributed to increased short-term volatility and cautious sentiment. Despite these challenges, large holders accumulated approximately $24 million in DOGE recently, signaling ongoing interest. DOGE is currently consolidating above key support at $0.145, with technical indicators suggesting potential for further recovery if this level holds. The asset remains actively traded, with a market capitalization of $23.06 billion and a circulating supply of approximately 149.1 billion DOGE.