Dogecoin Price Crashes After 3-Day Surge – Buy the Dip ?


Dogecoin (DOGE) showed strong bullish momentum earlier this week, rising for three straight days since May 20. The price reached a high of $0.2544 on Friday before sliding down to an intraday low of $0.227.

Trading Volume Remains Strong Despite Pullback

In the past 24 hours, Dogecoin recorded $3.36 billion in trading volume. While this was down slightly—1.84% from the previous day—it still reflects strong market interest.

DOGE’s price also mirrored this dip, falling nearly 2% in the same time frame. Still, the meme coin remained up 3.62% for the week, showing some resilience.

Currently Dogecoin price  trading at $0.2360 as per Coinpedia Market data.



Bitcoin Surge Boosts Sentiment Across the Board

DOGE’s recent rally came alongside Bitcoin’s breakout, which saw BTC reach an all-time high of $111,000. This market-wide surge fueled optimism and drew more speculative interest to altcoins like Dogecoin.

However, macroeconomic factors and profit-taking caused a sharp reversal in DOGE’s price early Friday. The quick dip erased most of the daily gains.

Speculative Interest in DOGE Stands Out

Despite a cautious market overall, Dogecoin seems to be one of the few exceptions. While Bitcoin’s funding rates remain flat at just 0.0079%, DOGE’s rates are slightly above neutral—hinting that traders are still betting on short-term moves.



Glassnode data also confirms that speculative appetite across top cryptocurrencies is low. Yet Dogecoin continues to attract attention, suggesting it may be gearing up for another breakout. 

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