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

Jakarta, Pintu News – Dogecoin (DOGE) 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

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.

Read also: Ethereum Slips to $4,600 on August 15 — Thomas Lee Still Sees a Path to $15K

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.

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.

Read also: Dogecoin Price Chart Signals Golden Cross — Could a Major Rally Be on the Horizon?

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.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin 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. 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.

Reference:

• BeInCrypto. 2 Billion DOGE Accumulation Triggers Golden Cross For Dogecoin Price. Accessed on August 15, 2025
• CoinSpeaker. 2 Billion in Dogecoin (DOGE) Bought by Whales: Is a Rally Brewing? Accessed on August 15, 2025