The token slips from $3.02 to $2.89 in the August 28–29 window on above-average volumes before recovering toward $2.83–$2.89 support zones. Oversold signals and whale accumulation offset persistent selling pressure
Updated Aug 31, 2025, 5:26 a.m. Published Aug 31, 2025, 5:25 a.m.
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DOGE Rebounds From $0.21 Floor, Cup-and-Handle Pattern Targets $0.30
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The meme token posts a late-session rally on Aug. 30–31, with whale and exchange flows highlighting ongoing institutional participation despite macro uncertainty.
What to know:
- Dogecoin fell 5% in 24 hours, influenced by broader risk-asset weakness and significant whale activity.
- An unknown whale transferred 900 million DOGE to Binance, sparking market volatility and a drop in futures open interest.
- Despite retail selling, institutional demand is evident with 680 million DOGE accumulated in August, while network fundamentals remain strong.