Dogecoin large holders purchased 180 million tokens during the most recent market drawdown, raising their share of total supply from 11.85% to 11.97%. DOGE price rose 1.69% to $0.0708 but remains below key resistance at $0.074. Open interest hovers near $1.17 billion with a positive funding rate, indicating derivatives traders are already long, requiring stronger spot demand for a decisive breakout. DOGE trades below its 200-day moving average at $0.0915, and a daily close above $0.074 could push prices toward $0.08.
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