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Dogecoin dips 3% amid whale buying ahead of potential SpaceX IPO rally

Technical Signals
10 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Dogecoin (DOGE) has fallen 3% in 24 hours and 10% this week, despite renewed whale accumulation as traders anticipate a rally linked to the upcoming SpaceX IPO, which Elon Musk confirmed will accept DOGE payments. Large holders have bought over 240 million DOGE recently, pushing whale holdings higher and signaling potential demand similar to levels seen five years ago. DOGE is trading near a key support zone around $0.08, a historically important price level that could mark a bottom if the price reclaims $0.11824 as support. While accumulation and on-chain data suggest a possible recovery, DOGE has yet to confirm a clear trend reversal, meaning further confirmation is needed before a durable bottom is established.

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