{"id":13902,"date":"2025-10-21T11:05:34","date_gmt":"2025-10-21T11:05:34","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dogecoin-price-poised-for-rally-as-musk-reignites-dog-memecoin-frenzy\/"},"modified":"2025-10-21T11:05:42","modified_gmt":"2025-10-21T11:05:42","slug":"dogecoin-price-poised-for-rally-as-musk-reignites-dog-memecoin-frenzy","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dogecoin-price-poised-for-rally-as-musk-reignites-dog-memecoin-frenzy\/","title":{"rendered":"Dogecoin price poised for rally as Musk reignites dog memecoin frenzy"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Dogecoin price may be on the verge of a major rally as traders accumulate post-crash and Musk\u2019s X post adds fuel.<\/p>\n<div id=\"cn-block-summary-block_10fb42346d5991d69420c091ebec8f9f\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dogecoin price is consolidating above the $0.18 support zone after the flash crash, with volume delta data showing buyers steadily absorbing sell pressure.<\/li>\n<li>About 10.5 billion DOGE were acquired at around $0.21, creating short-term resistance that must be flipped into support for further upside.<\/li>\n<li>Elon Musk\u2019s latest \u201cFloki as CEO of X\u201d post reignited memecoin hype, raising speculation that Dogecoin could benefit from a similar sentiment-driven rally.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p><span style=\"margin: 0px; padding: 0px;\">Dogecoin\u2019s (DOGE) price is showing signs of accumulation, consolidating above $0.18, with each dip being<\/span> bought up. Traders are likely seeing the October 10 flash crash, when the broader market lost around $19 billion and DOGE briefly fell to $0.15, as a buying opportunity. After that sharp drop, Dogecoin price found support around $0.175\u2013$0.18, tested it multiple times, but didn\u2019t make new lows.<\/p>\n<p>The Volume Delta indicator supports this accumulation narrative. The extreme negative delta during the crash has since moderated, and subsequent candles are showing smaller, balanced delta readings. This implies that buy orders are increasingly matching or absorbing sell-side liquidity.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Dogecoin price chart | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=COINBASE%3ADOGEUSD\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>However, as analyst Ali Martinez <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/ali_charts\/status\/1980406675250045024\">pointed out<\/a>, around 10.5 billion DOGE were acquired at $0.21. This suggests that many holders who bought at that level are currently at a small unrealized loss, and may look to take profits if Dogecoin price revisits their entry levels, creating short-term resistance near $0.21. Therefore, for Dogecoin price to confirm a bullish breakout, it must reclaim and hold above the $0.21 level.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">10.50 billion <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$DOGE<\/a> were accumulated at $0.21. That\u2019s a big resistance zone forming. Keep this level on your radar! <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/EufGapvuj0\">pic.twitter.com\/EufGapvuj0<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1980406675250045024?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 20, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Adding to the cautiously bullish outlook is the recent X post by Elon Musk, in which he <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1980216257069945132\" target=\"_blank\" rel=\"nofollow\">shared<\/a> an AI-generated video of his Shiba Inu, Floki, humorously reinstating the dog as the \u201cCEO of X.\u201d <\/p>\n<p>The post sent Floki (FLOKI) surging, and this momentum could spill over to Dogecoin, the original memecoin that Musk pumped in the past. Back in 2023, a similar wave of Musk\u2019s dog-themed posts not only propelled Floki higher but also added more than $500 million to Dogecoin\u2019s market cap in <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/fortune.com\/crypto\/2023\/02\/15\/elon-musk-dogecoin-shiba-inu-floki-twitter-dog\/\" target=\"_blank\" rel=\"nofollow\">just 15 minutes<\/a>.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Fl\u014dki is back on the job as \ud835\udd4f CEO! <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/Zu29Dos24r\">pic.twitter.com\/Zu29Dos24r<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1980216257069945132?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 20, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin price may be on the verge of a major rally as traders accumulate post-crash and Musk\u2019s X post adds fuel. Summary Dogecoin price is consolidating above the $0.18 support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13902"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13902\/revisions"}],"predecessor-version":[{"id":13903,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13902\/revisions\/13903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13841"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}