Dogecoin Price Dips to $0.14 Today — Is Accumulation Picking Up Among DOGE Holders?
Jakarta, Pintu News – Dogecoin price moved above the $0.14 level after recording a weekly gain of around 20%, in line with the overall strengthening trend of the crypto market. Currently, the meme coin is approaching an important resistance area in the range of $0.151 to $0.165.
Since December 31, DOGE has gained around 30%, which is the highest level since November 30. This performance has coincided with the rally of other memecoins, such as Shiba Inu , Pepe , and Pudgy Penguins .
In aggregate, the market capitalization of meme coins has now surpassed $50 billion. Open interest in Dogecoin has also surged to close to $2 billion. Meanwhile, the DOGE spot ETF recorded $3.9 million in new inflows at the start of 2026.
The influx of new funds and increased trader attention suggests that the upward momentum has the potential to continue, provided the DOGE is able to break and hold above the resistance zone.
Dogecoin price drops 1.64% in 24 hours
On January 8, 2026, Dogecoin saw a 1.64% decline over the past 24 hours, trading at $0.1462, or approximately IDR2,455. During that time, DOGE fluctuated within a range of IDR2,575 to IDR2,438.
At the time of writing, Dogecoin’s market capitalization is estimated at around IDR428.33 trillion, with a 24-hour trading volume of roughly IDR31.55 trillion.
Read also: Ethereum Price Drops to $3,100 Today: ETH Whales Getting Optimistic?
Dogecoin futures soar to $2 billion
Dogecoin futures open interest surged close to $2 billion, approaching one of the highest levels in its history. This increase reflects the growing confidence of traders who are getting more aggressive in positioning themselves for bigger DOGE price moves.
The spike in open interest indicates an influx of new funds into the market, particularly from leveraged traders who are speculating on potential upward or downward price movements. This suggests increased speculative activity along with expectations of higher volatility.
This phenomenon comes amid the widespread popularity of speculative memecoins and altcoins. In recent days, DOGE has regained momentum, while the futures market reflects market participants’ readiness for more intense price fluctuations.
With the arrival of institutional products like ETFs in the DOGE ecosystem, these memecoins are further evolving into more mature and widely accepted trading instruments in the crypto market.
Large Dogecoin owners raise 220 million DOGE tokens
Dogecoin recorded significant whale activity in the past 24 hours, with large holders accumulating more than 220 million DOGE tokens. This surge in transactions reflects the growing interest of well-capitalized investors amid the recent strengthening of the crypto market.
Read also: Top 3 Crypto Price Predictions: Dogecoin, Cardano, and Chainlink Ready for a Big Jump?
The buying action shows the increasing level of confidence among whales as Dogecoin follows the general strengthening trend of crypto assets.
In many cases, accumulation by large holders is seen as a form of anticipation of potentially larger price movements in the future.
Will Dogecoin Price Break $0.15 in the Near Future?
In the short term, DOGE price last traded around $0.14 on the 24-hour time frame (7/1), reflecting mild pressure. The price is still below the $0.15 level, which has so far been the main impediment to further gains after the previous rally. The RSI indicator is at 54 levels, signaling relatively neutral momentum.
On the 4-hour time frame (7/1), the MACD indicator shows a bearish crossover, with the histogram turning negative. This indicates weakening upward momentum in the short term. Nevertheless, the MACD line is still above the zero level, so the positive bias on a broader scale is maintained.
From a technical perspective, the nearest resistance area is in the range of $0.15 to $0.155. A valid breakout above this zone could potentially push the price towards the $0.165 area. Furthermore, the next upside target is around the psychological level of $0.20.
On the contrary, failure to defend the $0.14 level could weaken the near-term price structure. In such a scenario, DOGE risks dropping to the $0.135 area, and if the pressure persists, a further drop towards $0.128 becomes open.
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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 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:
- Coingape. Dogecoin Price Outlook as Futures Open Interest Nears $2B: What Next for DOGE? Accessed on January 8, 2026
