DOGE Price Dips 2.56% Amid $200M Whale Accumulation and Key Resistance at $0.2340

Dogecoin (DOGEUSDT) experienced a 2.56% price decline over the past 24 hours, with the current price at $0.22821 on Binance. The decrease is attributed to recent volatility around the $0.23 level, driven by mixed market signals including whale accumulation of $200 million, a notable trading volume of $4.87 billion, and resistance near $0.2315 to $0.2340. Market activity has slowed, as indicated by a 5.20% drop in trading volume to approximately $2.35 billion, while analysts cite both potential exhaustion in bullish momentum and strong support at $0.2200. Dogecoin’s market capitalization stands near $34.69 billion, with a circulating supply of 150 billion DOGE, and the asset remains closely watched for further moves above key resistance levels.