Dogecoin Price Jumps 4% Today (8/27/25): What’s Next for the Coin?

Jakarta, Pintu News – On August 26, the price of Dogecoin (DOGE) briefly fell more than 5% today after experiencing strong rejection at the $0.25 level, which erased all the gains recorded last week.

With DOGE’s open interest plummeting by more than 8%, bullish sentiment towards the largest meme coin is fading. Analysts are considering various scenarios for the next price movement.

So, how is the Dogecoin price moving today?

Dogecoin Price Rises 4.74% in 24 Hours

On August 27, 2025, Dogecoin saw a 4.74% increase in price over the past 24 hours, trading at $0.2213, which is approximately IDR 3,601. During this period, the price of DOGE fluctuated between IDR 3,414 and IDR 3,603.

At the time of writing, Dogecoin’s market capitalization is around IDR 538.37 trillion, with a 24-hour trading volume of about IDR 31.95 trillion.

Read also: Ethereum Price Rises 3% to $4,500 Today (Aug 27): Are ETH Holders Starting to Sell?

What’s Driving the Dogecoin Price Lower?

The Dogecoin price experienced a sharp decline on August 24-25 after reaching $0.25. This coincided with major activity by “whales” (large asset holders) where large transfers to Binance occurred alongside distribution pressure and weakening momentum at key resistance levels.

Despite the accumulation of DOGE by institutions earlier this month, the token is now testing critical support.

Market focus has intensified after the detection of a transfer of 900 million DOGE, valued at over $200 million, to Binance wallets. This clearly indicates potential short-term selling pressure.

However, on-chain data shows that whales accumulated over 680 million DOGE in August, indicating long-term investor confidence despite technical weakness in the short-term.

The broader crypto market correction has also contributed to the current Dogecoin price drop. Risk assets have been on the decline after new trade policy developments and aggressive comments from central banks.

As reported by CoinSpeaker (26/8), DOGE’s open interest (OI) plummeted by 8%, indicating weakening investor sentiment. Based on data from Coinglass, DOGE’s open interest has now dropped below $3.5 billion.

Read also: Bitcoin Price Hits $111,000 Today (Aug 27): Are Traders Starting to Pull Back and Sell?

Where will DOGE move next?

Amid today’s Dogecoin price correction, DOGE’s daily trading volume jumped 128% to $3.83 billion.

Recent price action for Dogecoin shows the formation of a symmetrical triangle pattern on the 4-hour chart, a pattern usually associated with a narrowing price consolidation.

Analyst Ali Martinez highlighted a chart showing that DOGE is approaching the lower boundary of the triangle, and noted that the token could be experiencing “the last dip before the breakout.”

Another well-known crypto analyst, Javon Marks, noted that Dogecoin’s bull market cycle is currently underway, with the most bullish phase likely to begin soon.

The analyst mentioned that there could be a DOGE rally of up to 3x, which could take the Dogecoin price past its all-time high of $0.73905.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

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

Reference:

• Coinspeaker. Dogecoin Price Crashes 5% After Another Failed Breakout, What’s Next? Accessed on August 27, 2025