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DOGE’s Bullish Surge: Corporate Adoption and Whale Activity Fuel Rally

DOGE’s Bullish Surge: Corporate Adoption and Whale Activity Fuel Rally

Author:
DOGE News
Published:
2025-07-18 13:27:37
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[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

Dogecoin (DOGE) has experienced a significant price surge, breaking through the $0.21 resistance level with a 6% gain in 24 hours and an 18% weekly rally. This upward momentum follows Bit Origin's groundbreaking decision to adopt DOGE as its primary treasury asset, supported by $500 million in funding. Technical indicators are flashing bullish signals, further bolstered by whales accumulating 2.3 billion DOGE in just three days. With the next resistance levels at $0.224 and $0.25, and strong support established at $0.207, the future looks promising for DOGE. This development highlights the growing institutional interest in Dogecoin and its potential as a viable treasury asset in the corporate world.

Dogecoin Surges as Corporate Giant Adopts DOGE as Treasury Asset

Dogecoin has broken through the $0.21 resistance level, rallying 6% in 24 hours and 18% over the week. The surge follows Bit Origin's unprecedented move to adopt Doge as its primary treasury asset, backed by $500 million in funding.

Technical indicators flash bullish signals as whales accumulate 2.3 billion DOGE in three days. The next resistance levels loom at $0.224 and $0.25, with strong support established at $0.207.

Bit Origin's Nasdaq-listed status lends institutional credibility to the meme coin, mirroring MicroStrategy's Bitcoin strategy. The company's stock jumped 28% on the announcement, signaling market approval of the crypto treasury shift.

Dogecoin Price Prediction: Is a 380% Rally to $1 Now Possible?

Dogecoin has surged 14% today, trading around $0.248, marking its strongest weekly close in months. A breakout from a symmetrical triangle pattern suggests a potential 380% rally, targeting the $1 milestone. Momentum indicators like the RSI and AO signal growing bullish strength.

Bit Origin, a Nasdaq-listed crypto firm, has committed $500 million to a dogecoin treasury strategy. The funds will bolster DOGE accumulation and ecosystem growth, underscoring rising institutional interest in the memecoin.

Dogecoin Founder Issues Mock Crypto Crash Alert, Blames Zillow

Dogecoin co-creator Billy Markus, known pseudonymously as Shibetoshi Nakamoto, has sparked both amusement and speculation with his latest social media post. The meme-coin pioneer jokingly attributed potential cryptocurrency market crashes to real estate platform Zillow, tweeting: "All crashes are cuz someone opened Zillow."

While clearly satirical, the comment touches on observed correlations between traditional asset movements and crypto volatility. Markus's timing is notable—the crypto markets are currently experiencing strong bullish momentum, with his follow-up tweet stating: "Crypto should go up 8% every day imo."

The Dogecoin founder's social media activity often blends humor with market commentary, creating viral moments that resonate across crypto communities. This latest intervention comes as traders watch for signs of market tops during the ongoing rally.

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