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>>Dogecoin's resurgence gains momentum thanks to DOGE ETF developments and a revived appetite for memecoins

Dogecoin's resurgence gains momentum thanks to DOGE ETF developments and a revived appetite for memecoins

crypthub

3 days ago

Rally and Technical Outlook

Dogecoin has extended its early‑2026 rally, trading near $0.151 and staying above short‑term moving averages. The price broke past $0.145‑$0.150 resistance and now consolidates above $0.150 support. RSI remains above 50, indicating bullish momentum, while some indicators hint at modest pull‑backs. A breach of $0.154‑$0.155 could target $0.162‑$0.166, whereas a dip below $0.142 may expose $0.135 support.

ETF Activity and Whale Accumulation

Derivatives show strong confidence, with Dogecoin futures open interest peaking at 13.47 billion contracts before a measured decline. A 2× leveraged Dogecoin ETF ranks among Q1 2026’s top performers, amplifying buying pressure through mandatory rebalancing. Whales have added hundreds of millions of DOGE tokens, creating a supply squeeze that supports higher prices.

Memecoin Sector Revival

Dogecoin’s gains mirror a broader memecoin resurgence, with sector market cap rising over 30% to nearly $48 billion. Historically, low memecoin dominance precedes major rallies, and DOGE often leads these cycles. Stable Bitcoin and Ethereum markets, plus heightened social media buzz, provide additional fuel for speculative inflows.