DOGE Sees $1.08B Volume Amid Whale Transfers and Bullish Signals After Brief Surge Above $0.20

Dogecoin (DOGE) is currently trading at $0.19501, reflecting a 2.50% decline over the past 24 hours with a trading volume near $1.08 billion and a market capitalization of approximately $29.08 billion. The recent price decrease follows a period of heightened activity, including the transfer of over 312 million DOGE from a dormant whale wallet to Coinbase and increased volatility after DOGE reached an intraday high above $0.20 on June 3, 2025, during a broad crypto rally. Technical indicators remain bullish, with analysts highlighting DOGE as a top investment for 2025, but short-term selling pressure and profit-taking after the recent rally, combined with key resistance levels at $0.20 and above, have contributed to the current pullback. Whale and institutional accumulation, along with positive technical setups, continue to support DOGE’s position among leading cryptocurrencies, but traders are closely watching price action near $0.165 and $0.24–$0.26 for the next significant move.