{"id":58331,"date":"2025-08-26T11:01:10","date_gmt":"2025-08-26T11:01:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dogecoin-at-a-crossroads-whales-exit-support-holds-breakout-looms\/"},"modified":"2025-08-26T11:01:10","modified_gmt":"2025-08-26T11:01:10","slug":"dogecoin-at-a-crossroads-whales-exit-support-holds-breakout-looms","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dogecoin-at-a-crossroads-whales-exit-support-holds-breakout-looms\/","title":{"rendered":"Dogecoin at a crossroads: whales exit, support holds, breakout looms"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Dogecoin-price-prediction-as-DOGE-drops-below-0.2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Dogecoin-price-prediction-as-DOGE-drops-below-0.2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Dogecoin-price-prediction-as-DOGE-drops-below-0.2-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/Dogecoin-price-prediction-as-DOGE-drops-below-0.2-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Dogecoin whales have cut holdings as market sentiment turns risk-off.<\/li>\n<li>Project Sakura aims to shift DOGE to proof-of-stake.<\/li>\n<li>DOGE is trading in a triangle pattern with breakout potential on the horizon.<\/li>\n<\/ul>\n<p>Dogecoin (DOGE), the world\u2019s largest meme coin, has faced growing selling pressure in recent days, although signs of resilience remain.<\/p>\n<p>With major investors scaling back exposure and a bold new protocol proposal in the works, the future path of DOGE is being shaped in real time.<\/p>\n<div class=\"ad-banner  container  pt-1  px-0  mb-6\" data-partner=\"bitcoinpenguin\">\n        <a href=\"https:\/\/bitcoinpenguins.io\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img decoding=\"async\" class=\"p-0  m-0\" src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/bitcoinpenguin\/en.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<h2>Whales trim holdings as sentiment weakens<\/h2>\n<p>Large holders of DOGE, often referred to as whales, have steadily reduced their positions over the past few weeks.<\/p>\n<p>According to on-chain data, addresses holding between 10 million and 100 million coins now account for just over 16% of the total supply, down from nearly 17% in July.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-331848\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/addresses-holding-between-10-million-and-100-million-DOGE-coins.png\" alt=\"addresses holding between 10 million and 100 million DOGE coins\" width=\"1300\" height=\"440\"\/><\/p>\n<p>This retreat reflects a broader risk-off mood across crypto markets, where investors are choosing to de-risk amid a wave of uncertainty.<\/p>\n<p>At the same time, the futures market is also signalling caution.<\/p>\n<p>Open interest, which measures the total value of outstanding contracts, has fallen sharply from a July peak of $5.35 billion to around $3.54 billion.<\/p>\n<p>The drop suggests traders are less willing to bet aggressively on short-term price gains, dampening the chances of an immediate recovery.<\/p>\n<h2>Activity on the Dogecoin network slows<\/h2>\n<p><a href=\"https:\/\/studio.glassnode.com\/charts\/addresses.ActiveCount?a=DOGE&amp;s=1748427027&amp;u=1756203027&amp;zoom=90\">On-chain data from Glassnode<\/a> shows that daily active addresses have collapsed from over half a million in June to fewer than 50,000 in late August.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-331846\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/DOGE-active-adresses.png\" alt=\"Daily active DOGE adresses chart\" width=\"3200\" height=\"1800\"\/><\/p>\n<p>The steep decline in user activity points to fading demand for DOGE as a medium of exchange, and it has become a drag on price performance.<\/p>\n<p>Despite the pullback, Dogecoin has managed to hold a key technical level near $0.21.<\/p>\n<p>Analysts say this zone, backed by the 100-day and 200-day exponential moving averages, has become an important line of defence for bulls.<\/p>\n<p>If broken, the next significant support levels lie at $0.18 and $0.16.<\/p>\n<h2>Project Sakura promises a shake-up<\/h2>\n<p>Amid these pressures, the Dogecoin Foundation has revealed Project Sakura, a protocol test that could reshape the network.<\/p>\n<p>Director Timothy Stebbing <a href=\"https:\/\/x.com\/tjstebbing\/status\/1959327564281118869\">described<\/a> the initiative as a move to transition Dogecoin from its proof-of-work system to proof-of-stake.<\/p>\n<p>The shift, he argues, would make the network more secure against 51% attacks and align with Dogecoin\u2019s long-term ambition of becoming a true global currency.<\/p>\n<p>The idea of staking has divided the community, with some viewing it as a necessary innovation while others see it as a departure from the coin\u2019s original ethos.<\/p>\n<p>If implemented, the protocol change could attract institutional support and redefine Dogecoin\u2019s role beyond its meme coin label.<\/p>\n<h2>Technical picture points to an explosive move<\/h2>\n<p>On the charts, DOGE is trading inside a symmetrical triangle pattern near $0.22 as highlighted by crypto analyst Ali Martinez.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Dogecoin <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a>: One last dip before the breakout! <a href=\"https:\/\/t.co\/DQh70ilOas\">pic.twitter.com\/DQh70ilOas<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1959769441946010091?ref_src=twsrc%5Etfw\">August 25, 2025<\/a><\/p>\n<\/blockquote>\n<p>Resistance looms at $0.25, while the base of the triangle rests near $0.165.<\/p>\n<p>This structure, which reflects weeks of consolidation, often precedes sharp moves once the price breaks through either side.<\/p>\n<p>Technically speaking, consolidation rarely lasts long, meaning a breakout may be closer than many expect.<\/p>\n<p>If Dogecoin holds support and breaks upward, it could target $0.44 in the near term, representing a gain of about 170%.<\/p>\n<p>A failure to defend $0.21, however, would leave the door open to a slide toward the $0.18\u2013$0.16 zone.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/dogecoin-at-a-crossroads-whales-exit-support-holds-breakout-looms\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Dogecoin whales have cut holdings as market sentiment turns risk-off. Project Sakura aims to shift DOGE to proof-of-stake. DOGE is trading in a triangle pattern with breakout potential on the horizon. Dogecoin (DOGE), the world\u2019s largest meme coin, has faced growing [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":58332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58331"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58331"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58332"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}