Dogecoin Reclaims $0.10 as Price Jumps 8% in 24 Hours
The post Dogecoin Reclaims $0.10 as Price Jumps 8% in 24 Hours appeared on BitcoinEthereumNews.com.
Dogecoin (DOGE), the king of meme coins, rebounded from a low of $0.09335 to surge past the $0.10 resistance level. The meme coin soared to an intraday peak of $0.1057 as both price and volume flipped green once more after days of market uncertainty. Volume surge pushes Dogecoin past $0.10 resistance As per CoinMarketCap data, Dogecoin jumped by over 7%, outperforming Bitcoin (BTC), to which it maintains a correlation. Notably, Bitcoin also recorded gains, but the leading cryptocurrency only managed a 4.35% uptick within the same period. Dogecoin’s upsurge is largely driven by capital rotation into the meme coin sector as investors embarked on a buyback of assets previously dumped. This short squeeze triggered an uptick in value for DOGE. If investors double down on their interest, this might sustain the upward rally for Dogecoin. However, the meme coin needs to hold above the $0.095 support and maintain stability over the $0.1023 retracement level for the current gain to make an impact. Dogecoin Eyes Weeky Positive Close | Source: CoinMarketCap/TradingView If DOGE suffers a rejection, it could slip further down due to exhaustion for market participants. As of this writing, Dogecoin exchanges hands at $0.09981, which represents an 8.93% increase in the last 24 hours. The meme coin has slightly shed some of its previous gains amid ongoing volatility. Trading volume maintained its astronomical rise, up by 115.17% to $1.81 billion within the same time frame. The massive uptick signals increased activity on the part of investors and traders alike as they bet on a continued rally. The confidence might be a result of a corresponding rise in the price of Bitcoin. It is worth mentioning that, beyond Dogecoin, other meme coins like BONK and SHIB all recorded gains within the last 24 hours. This indicates that the meme coin sector…
Filed under: News - @ February 26, 2026 1:27 pm