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Dogecoin nears $0.10 as whales add 330M DOGE amid rising trading volumes and potential short squeeze.

Market News
17 Apr 2026
UToday
View Source
Bullish
pluang ai news

Dogecoin has approached the $0.10 price level after whales accumulated about 330 million DOGE in recent days, signaling strong investor interest. The price rose steadily from a low of $0.09 on April 13 to just under $0.10, supported by increased derivatives and spot trading volumes, which rose by over 50%. Traders betting against a breakout created conditions for a short squeeze, further boosting upward momentum. However, the $0.10 level remains a key resistance point, and a clear break above it is needed to confirm a sustained upward trend.

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