DOGE dropped 8% in the last 24 hours, with trading volume spiking to 1.25 billion during overnight sessions. Despite early attempts to push higher, the $0.23 resistance level held strong, while $0.21 became a key support zone. Large institutional wallets scooped up 310 million #DOGE during the dip, suggesting big players are quietly accumulating. Bit Origin, a crypto-focused company, added 40 million #DOGE to its treasury as part of a $500 million diversification plan. Wider crypto markets are feeling the heat from economic uncertainty, with inflation concerns and unclear interest rate signals weighing on investor confidence.
To be watched:
Can #DOGE hold steady above the $0.20–$0.21 support range in the next few trading sessions?
Will large wallets continue buying during price dips?
How will U.S. inflation updates and Asian stock market trends impact crypto demand?
Could Bit Origin’s #DOGE investment spark more corporate interest in the coin?