BTCC / BTCC Square / DOGE News /
DOGE Eyes $0.30 as Market Dynamics Shift: Whale Accumulation and Liquidation Surge Fuel Rally

DOGE Eyes $0.30 as Market Dynamics Shift: Whale Accumulation and Liquidation Surge Fuel Rally

Author:
DOGE News
Published:
2025-05-14 11:50:05
20
1
[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

Dogecoin (DOGE) has demonstrated remarkable strength in recent days, surging nearly 50% from $0.16 to $0.24 within a week. This bullish momentum has triggered over $14 million in short liquidations, flipping the previously critical resistance zone of $0.26–$0.27 into a new support level. Despite the unlocking of nearly 100 million Doge tokens this week—a potential volatility catalyst—whale accumulation continues unabated, signaling strong confidence among large holders. Traders are now setting their sights on a breakout toward $0.30 as the meme coin defies expectations with its unusual resilience. As of May 14, 2025, DOGE is trading at $0.23794000 USDT, with market participants closely watching for the next leg up.

Dogecoin Price Eyes $0.30 After $14M Liquidations Flip Resistance To Support

Dogecoin surged nearly 50% in a week, climbing from $0.16 to $0.24, triggering over $14 million in short liquidations. The rally has shifted market dynamics, with the $0.26–$0.27 resistance zone now acting as support.

Whale accumulation continues despite nearly 100M DOGE tokens unlocking this week, a potential volatility catalyst. Traders are eyeing a breakout toward $0.30 as the meme coin demonstrates unusual strength in a bullish market structure.

Dogecoin’s Bullish Trajectory and Emerging Altcoin Remittix Gain Market Attention

Dogecoin has reignited investor interest with a 42% surge in early May, briefly surpassing $0.24 before stabilizing around $0.23. Analysts project this momentum could propel DOGE beyond $2 by 2025, citing strong technical indicators and renewed accumulation by long-term holders.

Meanwhile, Remittix—a $0.07 altcoin—is drawing whale interest for its real-world utility. The token’s stealth rally contrasts with Dogecoin’s headline-grabbing moves, suggesting a potential rotation into undervalued assets with functional use cases.

Coinbase CEO Extends Accelerated Hiring Offer to Former DOGE Staff

Brian Armstrong, CEO of Coinbase, has publicly invited former employees of the Department of Government Efficiency (DOGE) to join the cryptocurrency exchange through an expedited hiring process. The outreach follows a viral Fox News interview with Ethan Shaotran, a 22-year-old former DOGE operative and Harvard dropout, who described facing ostracization in academic circles for his association with the Trump-era agency.

Armstrong’s move signals Coinbase’s deepening alignment with the pro-crypto policies of the TRUMP administration. The exchange appears to be capitalizing on the availability of government-trained talent as it expands its operations under the current regulatory landscape.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users