Supported by multiple positive factors, Dogecoin (DOGE) is showing signs of stabilization around $0.14. Whale buying volumes have surged 300%, with massive purchases of 218 million Dogecoin (worth $31 million) within 12 hours, effectively alleviating selling pressure. Meanwhile, Grayscale's Dogecoin Trust ETF has reached its largest single-day inflow of $7.55 million, indicating growing institutional investor interest in Dogecoin. Additionally, the Dogecoin Foundation has established a strategic partnership with Japanese enterprises to jointly explore real-world asset solutions and payment infrastructure, which is expected to enhance Dogecoin's long-term application value. Technical analysis shows that if it breaks through $0.145, target price levels could be between $0.15 and $0.16.
Supported by multiple positive factors, Dogecoin (DOGE) is showing signs of stabilization around $0.14. Whale buying volumes have surged 300%, with massive purchases of 218 million Dogecoin (worth $31 million) within 12 hours, effectively alleviating selling pressure. Meanwhile, Grayscale's Dogecoin Trust ETF has reached its largest single-day inflow of $7.55 million, indicating growing institutional investor interest in Dogecoin. Additionally, the Dogecoin Foundation has established a strategic partnership with Japanese enterprises to jointly explore real-world asset solutions and payment infrastructure, which is expected to enhance Dogecoin's long-term application value. Technical analysis shows that if it breaks through $0.145, target price levels could be between $0.15 and $0.16.