$0.090 Floor at Risk; Whales Eye Utility Protocols in Q1 2026
The post $0.090 Floor at Risk; Whales Eye Utility Protocols in Q1 2026 appeared on BitcoinEthereumNews.com.
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  Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Dogecoin (DOGE) is currently facing a critical technical test as its price hovers dangerously close to the $0.090 support level. After a month characterized by a 14% decline, DOGE is on track to close its fifth consecutive month in the red, a losing streak not seen in several years. This sustained downward pressure has shifted the market narrative from “meme mania” to a search for structural stability. As retail interest in speculative assets wanes, on-chain data reveals a significant trend among large-scale holders, or “whales.” Instead of waiting for a social media-driven rebound, many are rotating capital into utility-driven protocols. Dogecoin (DOGE) Dogecoin is currently trading at approximately $0.088, having officially slipped below the psychologically significant $0.090 floor. This move comes after a broader market dip, during which Bitcoin fell 5.6%, dragging correlated altcoins along with it. While DOGE briefly surged above $0.10 earlier in the week following a wave of short liquidations worth $4.09 million, the gains were short-lived. The lack of a fundamental catalyst has allowed sellers to regain control, pushing the price into a “bearish structure” that threatens further downside toward the $0.080 zone. Advertisement
  The risk to the $0.090 floor is not just a matter of price, but of network participation. Recent data shows that daily active addresses for Dogecoin have collapsed by 78%, dropping from a February high of 87,700 to just 19,000. When a meme coin loses its “community oxygen,” its price often struggles to find a bottom. Without the organic demand that typically drives…
Filed under: News - @ March 2, 2026 12:33 pm