Dogecoin News Today: Dogecoin Surges 4-11 as Whales Buy $500M and Golden Cross Forms

Dogecoin recently experienced a significant price surge driven by large-scale accumulation from whale investors, alongside a rare technical formation known as a golden cross. Over the past 24 hours, whale wallets acquired approximately 2 billion DOGE tokens, valued at around $500 million, reducing the token’s circulating supply on exchanges and signaling bullish market sentiment [4]. This accumulation was accompanied by a notable 4–11% price increase, reinforcing the upward momentum [1].

The golden cross, which occurred as the 50-day moving average crossed above the 200-day moving average, marks the first such technical event for Dogecoin since November 2024 [5]. This development is widely viewed as a key indicator of a potential trend reversal and has generated optimism among traders and analysts. The convergence of whale activity and the golden cross has led to increased market speculation, with some analysts suggesting that Dogecoin could target key resistance levels such as $0.273 [3] or even $1 if the current trend continues [1].

Whale accumulation has historically been linked to significant price movements in Dogecoin. For example, a similar accumulation event in August 2025 was followed by a 130% price surge within four weeks [5]. The current pattern suggests a comparable bullish scenario, with on-chain analysts noting the potential for further price appreciation as the supply on exchanges shrinks and demand increases.

While the price rally has positively impacted meme tokens like SHIB, FLOKI, and PEPE, major cryptocurrencies such as Bitcoin and Ethereum have remained relatively unaffected [1]. Dogecoin’s limited presence in decentralized finance (DeFi) protocols has also contributed to its distinct price behavior compared to other altcoins. Analysts caution that despite the favorable technical indicators, Dogecoin remains a highly volatile asset, and market sentiment can shift rapidly [7].

A successful breakout above the $0.25 price level could potentially trigger a 50% price increase, according to some analysts [7], but such forecasts remain speculative and should not be taken as guaranteed outcomes. Traders are closely monitoring whether Dogecoin can maintain its upward trajectory and break out of its current trading pattern, with further accumulation likely playing a pivotal role in determining the token’s next move [1].

Source:

[1] https://www.ainvest.com/news/dogecoin-news-today-dogecoin-surges-8-whale-accumulation-bullish-market-signals-2508/

[3] https://www.bitget.com/news/detail/12560604911042

[4] https://www.ainvest.com/news/dogecoin-whales-accumulate-2-billion-doge-price-4-029-2508/

[5] https://m.economictimes.com/news/international/global-trends/us-news-doge-price-forms-golden-cross-for-the-first-time-since-nov-2024-could-a-massive-300-surge-be-next/amp_articleshow/123279401.cms

[7] https://bravenewcoin.com/insights/dogecoin-doge-price-prediction-dogecoin-stuck-in-triangle-pattern-breakout-could-trigger-massive-gains