Dogecoin Price Today: DOGE Nears $0.077 as Whales Accumulate More Tokens

Dogecoin holds near $0.077 after a recent rebound. Whale wallets are adding DOGE while retail trading cools across derivatives markets. Traders now watch support, resistance, DogeOS upgrade plans, CLARITY Act signals, and possible recovery confirmation.
Dogecoin Price Today: DOGE Nears $0.077 as Whales Accumulate More Tokens
Written By:
Yusuf Islam
Reviewed By:
Achu Krishnan
Published on
Updated on

Dogecoin traded near $0.0770 on Monday as the meme coin held a tight range after Friday’s 4% rebound. Retail activity cooled, derivatives volume declined, and whale wallets increased their DOGE holdings. Traders now watch whether buyers can clear resistance near $0.0770 and extend the move toward $0.085.

DOGE Traders Hold Back as Volume Slips

Dogecoin futures open interest stayed near $1.03 billion on Monday, according to CoinGlass data. That level showed that contract holders kept a wait-and-see approach during the last 24 hours. At the same time, the DOGE funding rate stood at 0.0089%. That rate showed traders still paid a premium for long positions, which pointed to broadly bullish positioning.

Even so, derivatives volume dropped by more than 5% over the same period. That decline showed weaker trading activity and matched the cautious tone across the DOGE market.

Whale Holdings Rise as On-Chain Signals Improve

Large-wallet investors with more than 1 billion DOGE increased their holdings to 73.85 billion tokens. That figure rose from 72.73 billion tokens on Thursday. Still, whale holdings moved sideways over the last two days. Whale transactions also fell to 12 on Sunday, down sharply from 47 on Friday.

Meanwhile, the share of DOGE supply in profit rose to 38.51% from 23.7% last week. Active Dogecoin addresses also climbed to 50,000, compared with 40,000 only days earlier.

DogeOS, Supply Debate, and Key Price Levels

Developers continue to work on the proposed DogeOS upgrade. The proposal seeks to add zero-knowledge proof verification through an opcode called OP_CHECKZKP. If approved, Dogecoin could gain layer-2 rollups and Ethereum Virtual Machine compatibility without a hard fork. That change could support DeFi, gaming, and identity applications on the network.

Regulation also remains in focus as the proposed U.S. CLARITY Act carries about a 55% chance of passing. Some investors believe the bill could classify Dogecoin as a digital commodity and support future spot DOGE ETF products. 

Read more: Dogecoin Slips Below Key Averages as Weekly Death Cross Setup Draws Attention

The Dogecoin community also continues to discuss its inflation structure. A recent GitHub proposal calls for block rewards to fall from 10,000 DOGE to 1,000 DOGE. That change would reduce annual DOGE supply growth to 500 million tokens from 5 billion tokens. At the same time, daily trading volume stood near $978 million.

From the chart, buyers need to defend the $0.075 support area. A move above $0.080 to $0.082 would improve confidence, while a break above the 100-day moving average near $0.094 would provide stronger confirmation of a recovery.

What’s Next?

Dogecoin remains near $0.077 as whales increase their holdings while retail trading activity slows. Derivatives volume has weakened, but funding rates show bullish positioning. The next move depends on key support and resistance levels, DogeOS progress, and CLARITY Act developments that could shape broader DOGE market confidence.

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