$DOGE $DOGE

DOGE Climbs 5.6% on Whale Accumulation, Faces Late-Session Selloff

Washington, D.C., Aug 13, 2025 — Dogecoin surged 5.6% earlier today, peaking at $0.238, driven by a massive whale accumulation of over 1 billion DOGE (roughly $200 million) . Here's a closer breakdown:

Market Dynamics & Technical Highlights

Morning Momentum: Price rose from $0.225 to $0.233, with an intraday range of $0.0198, reflecting nearly 8.8% volatility .

Support Levels: Strong support formed at $0.220 (backed by above-average volume) and $0.232 held as a late-session floor .

Resistance: DOGE met resistance at $0.238, where profit-taking began. A slight dip of 1.3% occurred in the final hour, settling around $0.232 .

Institutional Signal: The whale accumulation pushed large-holder ownership close to half of DOGE’s circulating supply, signaling growing institutional conviction .

Broader Context & Momentum

This whale-driven rally isn’t an outlier—similar accumulation patterns have been observed in recent days. For instance, a $200 million injection on August 11 pushed DOGE about 4.3%, again spotlighting major-holder activity .

The broader meme-coin boom is also benefiting peers like PEPE, FLOKI, and MAGACOIN FINANCE, which are rallying under similar speculative and social sentiment conditions .

What Traders Should Watch Next

Key Level Significance

$0.238 Immediate resistance—needs a strong breakout to rally higher

$0.220–$0.232 Support zone to watch for holding strength or if it erodes

Whale activity Continued accumulation could fuel further upside

Broader crypto market Overall sentiment may influence meme-coin momentum

Summary Snapshot

Event: DOGE gained 5.6%, from $0.225 to $0.238, before trimming gains.

Driver: A whale accumulation of over 1 billion DOGE worth ~$200M, landing ownership near 50% of supply.

Setup: Morning rally, later capped by resistance and profit-taking into support.

Outlook: Key resistance must be breached; support must hold to sustain bullish structure.