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🤜 Dogecoin 🤛
💰 Current Price: $0.1088 USD (+2.3% last 24 hours)
📊 24-Hour Trading Volume: $2.2 Billion USD
🏦 Market Cap: $16.8 Billion USD
🔥 Highlights from the Last 24 Hours:
🧐Whale wallets hit record high: 149 large wallets holding over 100 million DOGE accumulated a total of 108.5 billion DOGE (worth $11.6 billion USD). This represents 70.45% of the entire circulating supply. Whale activity reached its highest level in the last 6 months, with 739 large transfers exceeding $100,000 occurring in 24 hours.
🧐 Institutional interest is growing: Spot DOGE ETFs in the US have reached $12.84 million in assets over the last 3 months, showing steady growth. The first physically backed DOGE ETP in Europe has started trading on the Xetra exchange. Furthermore, expectations of SpaceX's IPO and the launch of X Money in June are triggering strategic accumulation by whales.
🧐Top performing asset in the market: DOGE has gained 16.5% in the last 30 days, showing the best performance among the top 100 crypto assets. The psychological $0.10 level has now established a solid foundation.
Technical Outlook 🔍
As long as the price holds above $0.10, the bullish scenario is valid. The RSI(14) is giving a "Buy" signal at 55.5. $0.1120 stands out as the first major resistance, and if it is breached, $0.1150 and $0.12 can be targeted respectively. $0.1075 is a critical resistance. The pivot point is at $0.109042. Although there is slight short-term selling pressure, whale accumulation is supporting the price floor.
🧐 Can DOGE break the $0.12 resistance this month, or should a correction be expected first?
#GateSquareMayTradingShare
#Gate13周年现场直击
#Gate广场 #创作者狂欢 #内容挖矿
⚠️ This post is not investment advice. Always do your own research (DYOR).
$DOGE