🤜 Dogecoin 🤛

💰 Current Price: $0.1088 (+2.3% over the last 24 hours)
📊 24-Hour Trading Volume: $2.2 billion
🏦 Market Cap: $16.8 billion
🔥 Highlights from the last 24 hours:
🧐 Whale wallets reached 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 hit its highest level in the past six months, with 739 large transfers exceeding $100,000 within 24 hours.
🧐 Institutional interest is increasing: The assets of US-based DOGE spot funds reached $12.84 million over the past three months, showing continuous growth. The first actively supported DOGE exchange-traded fund (ETF) in Europe has begun trading on the Xetra exchange. Additionally, expectations for SpaceX's IPO and the launch of X Money in June are fueling 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 ‌