DOGE Token Slides 2.38% Amid Market Volatility, Yet Weekly Gains Signal Resilient Momentum

Dogecoin (DOGEUSDT) is currently trading at $0.16551 on Binance, reflecting a 2.38% decline over the past 24 hours from a 24h open of $0.16954. The recent price decrease can be attributed to broader market volatility as the altcoin sector seeks direction while Bitcoin approaches all-time highs, alongside technical caution highlighted by AI models and analysts. Despite strong whale accumulation and bullish forecasts for July, including speculation of a potential surge to $1, short-term technical signals remain mixed, contributing to the recent pullback. Over the last week, DOGE has shown strong upward momentum with an 11.7% gain, though it is down 12% over the past month. Trading volume remains robust, ranging from $592.9 million to $1.98 billion in the past 24 hours, with a circulating supply of approximately 149 billion DOGE and a market cap near $25 billion, maintaining its position among the top 10 cryptocurrencies.