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Dogecoin falls below $0.20, is it a buying signal or the beginning of risk?

ELON 2025-11-8 03:45 17752人围观 DOGE

Dogecoin recently fell to around $0.15 and looks like it is nearing a bottom. Historically, this price level has tended to trigger strong rallies, with the past few rallies from here all reaching around $0.30. Current data on the chain shows that funds ar
Dogecoin recently fell to around $0.15, and it looks like it is near the bottom. Historically, this price level has tended to trigger strong rallies, with the past few rallies from here all reaching around $0.30.

Current data on the chain shows that funds are slowly entering the market at low levels, and the community is discussing new system upgrades. Dogecoin may be brewing new opportunities.

However, analysts caution that this rebound is not yet stable and is more of a technical support rather than a full recovery. The short-term support is at $0.15. If it can regain $0.18, there is a chance to rush to $0.22 or even $0.30. On the other hand, if it falls below $0.13, it may continue to decline.

Looking at the fundamentals, the Dogecoin team is pushing forward with several major updates:

  • Reduce the inflation rate: The block reward is reduced from 5 billion to 500 million, and the inflation rate drops significantly.

  • Launched the DogeOS system: improving privacy and performance, and interoperable with the Ethereum ecosystem.

  • Promote practical applications: It plans to upgrade to "Dogecoin 2.0" and is even expected to be linked with Musk's X platform.
    In addition, two institutions in the United States are applying for Dogecoin ETF, which, once approved, will bring new capital inflows.

Taken together, Dogecoin still faces short-term pressure, but its long-term potential still exists. This may be the stage of "others are fearful but I am greedy".

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