Dogecoin jumps 4.5% to nearly 10-cents, outperforming bitcoin and ether
Crypto

Dogecoin jumps 4.5% to nearly 10-cents, outperforming bitcoin and ether

CoinDesk·3h ago·Neutral

What Happened

Dogecoin climbed from $0.093 to $0.098, breaking through $0.095 resistance on strong volume. The rally is primarily driven by derivatives positioning and capital rotation into higher-beta assets rather than organic network demand. On-chain activity remains subdued with fewer daily active addresses. Support holds at $0.096, with $0.104 as key resistance. A break below $0.092 would invalidate the move.

Key Entities

Dogecoin (DOGE)BitcoinEthereum (Ether)CoinDeskQCP$0.098$0.095

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