The market may seem calm, but the data is speaking. In the past 48 hours, DOGE has cleared nearly $200 million in contract positions. This move is part of a larger adjustment—over $1 billion in positions have been reorganized recently. This is not just a simple panic sell-off. Historically, large investors tend to operate this way before a market rally: actively reducing leverage exposure to reserve space for the next upward move.



Supporting this wave of market activity are at least three forces working together. On the technical side, a double bottom pattern has formed, the MACD indicator has turned bullish, trading volume has significantly increased, and key breakout signals are fully in place. From a narrative perspective, the countdown to the launch of DOGE-1 lunar mission has begun, with completion expected by the end of 2025. This is the first truly space-related mission in cryptocurrency history, and the imagination is limitless. Additionally, real-world applications are expanding—from real estate and electric vehicle payments in Japan to coffee chains and luxury shopping, the deployment scenarios are continuously growing.

Market consensus is currently concentrated around a few key levels. Short-term targets generally point to the $2 mark, while on a longer cycle, $7.2 is not out of reach. Endorsements from Japanese officials, continued optimism from influential figures, and FOMO sentiment accumulated within the community—all these factors combine to make the signals exceptionally clear. DOGE has long surpassed the category of traditional MEME coins, evolving into an application-driven asset.

All signs point in the same direction: DOGE is not in dormancy but is undergoing a lighter, more flexible repositioning, preparing for the next upward cycle. Being positioned at this node might be worth considering.
DOGE-1.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
PrivacyMaximalistvip
· 6h ago
$1 billion position adjustment, this pace is quite intense, big players are really paving the way for the next wave of market movement. Hmm... but can it really break through $2? Feels like I've heard this tune too many times. The Moon mission sounds pretty exciting, but it still depends on whether it can actually come to fruition in the end. Daring to talk about $7.2, really brave. I'll wait and see. DOGE is still mainly supported by FOMO right now. Expanding applications is a good thing, but data speaks louder. Let's wait and see if it hits $2 first. When the enthusiasm cools down, it might really get hit hard. Japanese official endorsement plus community FOMO—this combo does have some potential, but I need to look at a few more K-lines. Big players reducing leverage... might just be diversifying risk, not necessarily a bullish signal. I agree with the idea of an application-driven asset, but the price outlook is a bit too optimistic. Should I set an ambush here? Or wait for a pullback? Why rush?
View OriginalReply0
mev_me_maybevip
· 7h ago
1 billion dollars worth of positions washed out again, I've seen this trick too many times Liquidating doesn't necessarily mean fleeing, it depends on who is doing the liquidation As for the lunar mission, let's wait until the launch day to see what happens
View OriginalReply0
CountdownToBrokevip
· 7h ago
$1 billion position adjustment, sounds impressive, but I bet it's institutions shaking out the market 2 to 7 dollars? Let's see if it can hold steady at 1.5 first It's the same old routine: moon missions, Japanese endorsement, application deployment... The ones who really make money are always those who get in before the ambush
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)