Dogecoin (DOGE) Surge Against Bitcoin (BTC): A Sign of New Market Power?

Jakarta, Pintu News – In the recent period, Dogecoin (DOGE) showed significant gains compared to Bitcoin (BTC), attracting the attention of crypto market participants. Although Dogecoin (DOGE) trading volume has decreased, positive sentiment among investors remains strong, signaling the potential for further price growth.

Dogecoin (DOGE) Strengthening in the Market

Data from CoinMarketCap shows that Dogecoin (DOGE) has increased from $0.2189, registering a higher price increase compared to Bitcoin (BTC) in the same period. Although Dogecoin (DOGE) often follows Bitcoin (BTC)’s lead in the broader crypto market, this time Dogecoin (DOGE) managed to surpass Bitcoin (BTC) by almost 2%.

Meanwhile, Bitcoin (BTC) recorded only 2.02% price growth, remaining below the $110,000 level. Dogecoin (DOGE) experienced a rejection at $0.23, but fans of this meme coin managed to maintain its stability. Currently, Dogecoin (DOGE) is in reset mode and is expected to experience a surge if ecosystem support continues.

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Volume and Market Sentiment Analysis

Despite a 5.83% drop in Dogecoin (DOGE) trading volume to $1.29 billion, the Dogecoin (DOGE) price is still holding at around $0.2255. This drop in volume may be due to reduced activity from market participants. However, this has not dampened investor interest in Dogecoin (DOGE), which still shows potential to rise.

Last weekend, Dogecoin (DOGE) experienced a 157% liquidation imbalance, with long position traders losing $13.72 million. Liquidations totaled $15.83 million, signaling high volatility but also opportunity for traders who are responsive to market changes.

Dogecoin (DOGE) Price Outlook Towards $0.30

The recent 4% price increase shows a positive development for Dogecoin (DOGE). If buying activity within the ecosystem increases, supported by a 40% jump in trading volume, Dogecoin (DOGE) could potentially reach its $0.30 price target in the short term.

This increase will further strengthen Dogecoin (DOGE)’s position as a crypto asset worth keeping an eye on. With the ever-changing market dynamics, the opportunity for Dogecoin (DOGE) to print higher price levels is wide open. Investors and traders are expected to keep a close eye on price movements and trading volumes to make informed investment decisions.

Conclusion

Dogecoin (DOGE)’s rise amidst declining trading volume shows the resilience and potential that this coin has. Although the crypto market is known for its volatility, Dogecoin (DOGE) shows that it has a strong community and support to continue its positive trend. Investors are advised to stay abreast of the latest developments and conduct in-depth analysis before making any investment decisions.

Also Read: Monero (XMR) Surprises Market with Spectacular Rise in May 2025, How Come?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Dogecoin (DOGE) Jumps Against Bitcoin as Bulls Take Control. Accessed on May 27, 2025
• Featured Image: Generated by AI