Dogecoin Miner DogeHash Secures Strategic Loan for Fleet Expansion Ahead of Major Acquisition

DogeHash doubles down on mining capacity with fresh capital injection

THE EXPANSION PLAY

Dogecoin's mining landscape just got more interesting. DogeHash secured undisclosed funding to expand its mining fleet substantially—timing the move perfectly ahead of a planned acquisition. The loan positions the miner to capitalize on DOGE's recent price stability while competitors struggle with whale-induced volatility.

WHY IT MATTERS

More mining power means stronger network security and potentially greater influence over Dogecoin's ecosystem. The expansion comes as DOGE holds crucial support at $0.22 despite persistent whale selling pressure—proving once again that crypto moves faster than traditional finance can say 'regulatory framework.'

THE BOTTOM LINE

DogeHash isn't just buying more rigs—it's betting big on Dogecoin's long-term viability. Because nothing says 'sound investment' like doubling down on the meme coin that once moved because of Elon Musk's tweets.

After a sharp 25% correction from recent highs, the meme-inspired cryptocurrency now stands at a pivotal juncture. Strong technical indicators, whale movements, and broader market sentiment are set to decide whether Dogecoin rallies or slips further.

Technical Indicators Point Toward Potential Reversal

Momentum indicators are starting to hint at a possible turnaround. The Relative Strength Index (RSI) currently sits NEAR 43—signaling weakening momentum but not yet oversold conditions. Interestingly, a bullish divergence is forming, as the RSI is trending higher even while prices edge lower.

$0.209 has emerged as the critical support for Dogecoin (DOGE), having been tested five separate times already. Source: Ali Martinez via X

Market analyst Ali Martinez noted that the $0.20 region is especially important, as on-chain data shows a large concentration of historical transactions at this level. This suggests a strong holder base, with many investors unwilling to sell below their entry price.

If these support levels hold, the dogecoin outlook points to a rebound toward $0.27–$0.29, representing about a 30% rally from current prices. On the downside, a clean break below $0.20 could expose DOGE to losses toward $0.18.

Whale Activity Adds Pressure but Signals Opportunity

Recent Dogecoin news revealed that whales offloaded over 40 million Doge within 24 hours, causing short-term volatility. However, blockchain data also shows whales steadily accumulating since mid-August, raising their collective holdings from 10.7 billion to over 11 billion DOGE.

Whales sold 40 million Dogecoin (DOGE) in the past 24 hours, causing notable market volatility. Source: Ali Martinez via X

This dual behavior—profit-taking while also building long-term positions—underscores the complexity of whale strategies. In the past 24 hours, Doge price bounced 2% as trading volumes surged 60%, retesting the $0.22 support alongside the 200-day EMA. Analysts suggest that if bulls reclaim momentum here, a run toward $0.28 or higher could unfold in the coming weeks.

Broader Market Context and New Opportunities

While Dogecoin predictions remain focused on near-term support and resistance, whales are also exploring opportunities in emerging crypto projects. One example is Mutuum Finance (MUTM), a DeFi platform that has raised more than $16.5 million in its presale. Offering a dual lending model and oracle-powered infrastructure, MUTM has attracted over 16,600 investors and is being positioned as a high-growth alternative in the current market cycle.

Dogecoin ($DOGE) exhibits bullish sentiment and high futures activity, but a prolonged squeeze could trigger increased volatility. Source: Trương Nguyên | Paven via X

To Dogecoin investors, this trend symbolizes a popular strategy: maintaining exposure to established coins like DOGE but hedging into newer opportunities with higher growth prospects.

Dogecoin Price Prediction: What’s Next?

The near-term price projection for Dogecoin relies on whether the support level of $0.20–$0.22 will be maintained. A rebound could validate bullish trends and propel a surge to $0.30, or a breakdown could send it crashing to $0.18.

Despite the recent whale-driven pressure, Dogecoin continues to be in high social support and therefore is one of the most closely watched assets within the cryptocurrency market. Traders and long-term holders alike are now focused on this decisive support zone to determine the next chapter of the future of Dogecoin.

Final Thoughts

Dogecoin’s position above the $0.22 support level reflects the delicate balance between bearish pressure and bullish optimism. While whales continue to spearhead price oscillations, technical signals toward a possible reversal, and investor morale is still in the green, the next few weeks will be the decider.

Dogecoin was trading at around $0.24, down 0.40% in the last 24 hours at press time. Source: Brave New Coin

Whether Dogecoin caps a 30% run or creeps toward lower lows, its endurance as one of the most closely followed cryptocurrencies guarantees it remains in the limelight. For the traders, the short-term behavior around this support will determine the tone of Dogecoin’s journey through the final quarter of 2025 and into the future.