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Dogecoin trading volume drops 50% as price tests key $0.10 support level.

Market News
10 May 2026
UToday
View Source
Neutral
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Dogecoin's trading volume fell nearly 50% to $669 million during a quiet weekend session, with the price slightly down to $0.108. The $0.10 level remains a critical support point after Dogecoin failed to break above it multiple times, facing resistance before a recent peak at $0.117. If the price holds above $0.10, buyers may push it back to $0.117 and potentially higher to $0.14 or $0.16. A drop below $0.10 could keep Dogecoin trading in a tight range between $0.09 and $0.12 for some time. Investors are also watching developments around X Money, a new payments product linked to Dogecoin's ecosystem.

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