Dogecoin Price Drops 9% Today, While Whale Accumulates 2 Billion DOGE

Updated

August 15, 2025

Gambar Dogecoin Price Drops 9% Today, While Whale Accumulates 2 Billion DOGE

Jakarta, Pintu News – Dogecoin experienced a significant price increase this month, successfully breaking through previous resistance levels. The recent price surge has not only been driven by favorable market conditions, but also by the actions of large DOGE holders.

As the momentum continues to grow, Dogecoin has the potential for further gains if this positive trend continues.

Then, how is DOGE’s current price movement?

Dogecoin Price Drops 9.86% in 24 Hours

dogecoin price today — Source: Pintu Market

On August 15, 2025, Dogecoin’s price saw a decline of 9.86% over the past 24 hours, trading at $0.2316, which is approximately IDR 3,667. During this period, the DOGE price fluctuated between IDR 3,544 and IDR 4,092.

As of now, Dogecoin’s market capitalization is around IDR 552.67 trillion, with its 24-hour trading volume increasing by 13% to reach IDR 82.48 trillion.

Dogecoin Whale Changes Market Direction

Reporting from BeInCrypto, Dogecoin whales have been the main driver of recent price movements, showing bullish sentiment since the beginning of the month. In the past week, addresses holding between 100 million and 1 billion DOGE have accumulated more than 2 billion DOGE, which is worth around $500 million.

2 billion Dogecoin $DOGE scooped up by whales in the last 7 days. pic.twitter.com/R6EbOYZnGD
— Ali (@ali_charts) August 14, 2025

This accumulation by large holders shows a strong belief in Dogecoin’s future potential. The support from these whales was crucial in pushing the price of the meme coin up, providing a solid foundation for further price increases.

Overall, momentum for Dogecoin is shifting from a bearish to a bullish trend, thanks to important technical indicators. The 50-day and 200-day exponential moving averages (EMAs) recently formed a Golden Cross, signaling a significant change in market sentiment.

This Golden Cross ended a bearish period lasting five months, which was marked by a Death Cross, and suggests that the path forward for Dogecoin may be more favorable.

This crossover is an important indicator showing that the altcoin is poised for further growth, as its long-term outlook improves.

If Dogecoin can maintain momentum and continue to gain strong support, the price will likely continue to rise in the coming weeks.

DOGE Price Continues to Strengthen

As of August 14, Dogecoin was briefly trading at $0.246, having successfully broken the $0.241 resistance level. To sustain its upward movement, Dogecoin needs to turn this level into a solid support.

If it manages to hold above $0.241, Dogecoin is likely to continue rising, with $0.273 being the next major resistance.

DOGE accumulation by whales is expected to push the price towards the $0.273 resistance level. If the Golden Cross continues to show bullish momentum, the Dogecoin price could break this resistance and continue to rise.

However, if the bullish momentum fails to strengthen, Dogecoin may experience consolidation between the $0.241 and $0.218 levels. This scenario would indicate a decline in market confidence, which could lead to a temporary price drop.

If this happens, the bullish outlook will be canceled out, and further losses could occur.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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