Dogecoin Edges Higher as Softer U.S. Inflation Fuels Fragile Rally
CryptoQuant data showing large Binance memecoin outflows casts doubt on whether the short-lived rebound can be sustained
Overview
- Dogecoin rose roughly 4% to about $0.074 after U.S. inflation cooled, a move traders say briefly lifted demand for speculative tokens.
- CryptoQuant figures show roughly $1.2 billion of memecoin value has left Binance since October 2025, which analysts say reflects broad position cutting in the sector.
- Chart services place DOGE inside a descending-triangle pattern with key resistance near $0.0755 and support clustered around $0.070 to $0.071, leaving the token between two heavy liquidity zones.
- The token has fallen about 73% from its October 2025 level near $0.26 to roughly $0.07 today and has registered little inflow into related ETFs, underlining weak longer-term demand.
- Traders say the next clear sign of a trend change would be sustained buying that pushes DOGE above major exponential moving averages and the triangle neckline while new memecoin launches keep speculative flows fluid.