Dogecoin Reclaims $0.10 as Market Momentum Returns

DOGE-6.15%
BTC-2.38%
BONK-8.05%
SHIB-6.94%

Dogecoin, widely known as the leading meme coin, staged a strong rebound after dropping to a recent low of $0.09335. The asset pushed past the key $0.10 resistance level and reached an intraday high of $0.1057, as both price action and trading volume turned positive following several days of uncertainty across the crypto market.

The rally was fueled by a sharp rise in trading activity. According to data from CoinMarketCap, Dogecoin gained more than 7% during the period, outperforming Bitcoin, which posted a more modest 4.35% increase. The move appears to be driven by capital rotation back into meme coins, as investors returned to assets that had previously faced heavy sell-offs.

This renewed buying pressure triggered a short squeeze, accelerating DOGE’s upward move. The sustainability of the rally now depends on whether the token can maintain support above $0.095 and remain stable beyond the $0.1023 retracement level. Holding these zones could help the recent gains translate into a broader trend shift.

Volume Surge Signals Renewed Investor Interest

At the time of writing, Dogecoin was trading near $0.09981, up approximately 8.93% over the past 24 hours, despite slight pullbacks caused by ongoing volatility. Trading volume surged by more than 115% to reach $1.81 billion, highlighting growing participation from both traders and investors betting on continued upside.

The renewed confidence in DOGE appears to be supported by strength in Bitcoin, as well as broader gains across the meme coin sector. Tokens such as BONK and SHIB also moved higher, suggesting that risk appetite has returned to this segment of the market.

Dogecoin’s technical outlook remains constructive. The asset is showing early signs of approaching a potential golden cross against Bitcoin for the first time in 2026, a development that could position it for stronger short-term performance if momentum holds. With DOGE reclaiming the $0.10 level, market participants are watching closely to see whether easing selling pressure will allow the rally to continue.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Memecoin: Dogecoin, Shiba Inu, and Pepe struggle to maintain their upward momentum

Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) generally moved sideways during Thursday's trading session, after recording gains of approximately 5% – 10% – 5% respectively on Wednesday. This development indicates that the recovery is still fragile and not yet convincing enough to establish a trend.

TapChiBitcoin4h ago

Dogecoin Approaches Multi-Year Compression Breakout—Is a Major Move Brewing? - BTC Hunts

Dogecoin is approaching a critical breakout from a multi-year descending wedge after showing price stabilization near the support zone of $0.065-$0.08. With increased trading volume and the potential for a significant move ahead, the next steps hinge on maintaining support or breaking resistance.

BTCHUNTS5h ago

DOGE (Dogecoin) increased by 7.17% in the past 24 hours

Gate News Bot Message, February 26th, according to CoinMarketCap data, as of press time, DOGE (Dogecoin) is trading at $0.10, up 7.17% in the past 24 hours, with a high of $0.11 and a low of $0.09. The 24-hour trading volume reached $1.723 billion. The current market capitalization is approximately $17.015 billion, an increase of $1.139 billion from yesterday. Dogecoin is an open-source peer-to-peer digital currency that uses blockchain technology. It is part of a casual cryptocurrency movement and is widely popular for its friendly community and positive ethos. DOGE's core philosophy is reflected in the informal slogan "Do Only Good Every Day," with the community dedicated to mutual support, promoting cryptocurrency knowledge, and charity.

GateNews15h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)