The top dog memecoin is striving towards retesting the $0.20 resistance line, where 11.72 billion Dogecoin tokens were accumulated. If the tokens located around this area turn into a major demand zone, Dogecoin’s (DOGE) September rally could be mimicked – two months ago, DOGE spiked to $0.30, producing a higher wick than a similar rally in July, 2025.
Right now, the price still remains around the $0.14 range, but the rising active wallet count hints at something bigger brewing. According to research by Ali Martinez, a whopping 71,589 wallets were active on December 3, 2025, the largest quarterly figure. The surge reflects on Spot trades, with the trading volume consistently fetching over $1 billion a day.
Is Dogecoin Overheating In Consolidation?
The meme coin’s whale just returned accumulating 480 million coins amid broader rebound expectations. A similar upswing is witnessed on Futures markets, as Dogecoin’s $2.65 billion daily volume is crowned with positive figures in the Open Interest (OI) weighted funding rate after starting the month in the red zone, according to CoinGlass data.
With unsettled leveraged plays at $1.46 billion, Dogecoin (DOGE) remains among the most demanded altcoin in the leveraged markets. If the bulls pick up pace and enter Doge sub-$0.15, it’s likely the $0.20 resistance band, pictured in Ali Martinez’s Cost Basis Distribution Heatmap, will be decisive in the long-term, as holders can choose to take profits or carry on HODling.
Being the second largest Proof Of Work (PoW) blockchain, Dogecoin (DOGE) has recently seen a bi-folded Wall Street entrance. With Grayscale & Bitwise both launching active Dogecoin Spot ETFs, the meme coin’s traction on traditional stock markets is yet to blow – currently there’s only $1.88M inflows pulled in two weeks since debut.
Delve into DialyCoin’s popular crypto news today:
Coinbase and Chainlink Launch Base–Solana Cross-Chain Bridge
XRP Panic Mode Activated: Just Like Before The 22% Rally
People Also Ask:
Active addresses on the Dogecoin network recently hit 71,589—the highest since September 2025—signaling a sharp rebound in user engagement and network activity after months of low participation.
It indicates renewed interest from users, often a precursor to price momentum as more transactions and interactions build demand. Ali Martinez highlighted this spike as a key on-chain sign of bulls regaining control amid the dip to ~$0.14.
Whales (addresses holding 1M–100M DOGE) accumulated 480 million DOGE (~$72M) in just 48 hours, per Santiment data shared by Martinez. This buying pressure is defending key support around $0.135–$0.15, preventing deeper corrections.
DOGE is forming a falling wedge pattern with bullish MACD divergence, plus a TD Sequential “Buy” signal on the weekly chart. Martinez notes this could target $0.25 initially if it breaks $0.153 resistance.
Yes—over 75% of Binance’s top whale traders are long on DOGE, and mid-tier whale balances rose steadily in recent weeks, showing smart money is stacking during the fear phase.
