🤜 Dogecoin 🤛

💰 Current Price: $0.1088 (+2.3% over the last 24 hours)
📊 24-Hour Trading Volume: $2.2 billion
🏦 Market Cap: $16.8 billion
🔥 Key Events in the Last 24 Hours:
🧐 Whale wallets hit a record high: 149 large wallets holding over 100 million DOGE totaling 108.5 billion DOGE (worth $11.6 billion). This accounts for 70.45% of the total circulating supply. Whale activity reached its highest level in the past six months, with 739 large transfers exceeding $100,000 within 24 hours.
🧐 Institutional interest is increasing: The total assets of US-based DOGE spot funds reached $12.84 million over the past three months, showing continuous growth. The first actively supported DOGE ETF in Europe has started trading on Xetra. Additionally, the anticipated SpaceX IPO and the launch of X Money in June are creating strategic accumulation by whales.
🧐 Top-performing assets in the market: DOGE has increased by 16.5% over the past 30 days, showing the best performance among the top 100 digital assets. The psychological level of $0.10 has now become a strong support.
Technical Outlook 🔍
As long as the price stays above $0.10, the bullish scenario remains valid. The RSI(14) indicator signals a "buy" at 55.5. The $0.1120 level stands out as the first major resistance, and if broken, targets could be set at $0.1150 and $0.12 respectively. Critical resistance is at $0.1075. The pivot point is at $0.109042. Despite slight short-term selling pressure, whale accumulation supports a price floor.
🧐 Can DOGE break the $0.12 resistance this month, or is a correction expected first?
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⚠️ This post is not investment advice. Always do your own research (DYOR).
$DOGE ‌