Dogecoin (DOGE) Price Prediction: Dogecoin Defends $0.27 Support After $680M Whale Dump—Will DOGE Rebound?
The post Dogecoin (DOGE) Price Prediction: Dogecoin Defends $0.27 Support After $680M Whale Dump—Will DOGE Rebound? appeared on BitcoinEthereumNews.com.
Dogecoin price is once again in the spotlight as whales unload hundreds of millions of tokens, corporate treasuries double down, and Wall Street prepares for DOGE’s first ETF. Despite heavy selling pressure, the popular meme coin has managed to stabilize near the $0.27 support level, leaving traders debating whether this resilience signals a brewing Dogecoin rally or a temporary pause before another drop. Corporate Accumulation Counters Whale Selling While some whales are exiting, corporate entities appear to be doubling down. CleanCore Solutions, a digital infrastructure company, confirmed that its treasury reserves now exceed 600 million DOGE, valued at over $160 million. The firm has set a near-term target of one billion tokens and aims to control up to 5% of Dogecoin’s total supply in the future. Whale investors have sold approximately 680 million DOGE over the past 96 hours, signaling significant profit-taking as Dogecoin trades near $0.27. Source: Ali Martinez via X Marco Margiotta, CleanCore’s Chief Investment Officer, explained that the company’s strategy is to position Dogecoin as both a reserve asset and a tool for global remittances. This accumulation has supported the market through periods of whale-led selling, keeping the dogecoin price within the $0.27–$0.30 range in recent weeks. Supply Unlock Adds to Market Pressure Further testing investor sentiment, more than 96 million DOGE—worth roughly $26 million—is set to be unlocked this week through linear vesting schedules. According to analyst Skyler, around $1 million worth of Dogecoin will enter circulation daily. This gradual increase in circulating supply coincides with expectations of U.S. Federal Reserve rate cuts, which some analysts believe could spark fresh inflows into risk assets like cryptocurrencies. However, the steady unlock could also dampen bullish momentum. Dogecoin’s massive supply has long been regarded as both its greatest strength, providing ample liquidity, and its biggest challenge when it…
