Dogecoin: From Moon to Oops, There Goes the Couch Money!

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So, Dogecoin decided to take a little vacation from its brief stint at $0.10622 on Feb. 25. You know, like when you accidentally leave your coffee on the roof of your car and then it’s just… gone. Poof. Except this time, it’s your crypto dreams taking a nosedive.

Since then, it’s been like watching a dog try to catch its tail-lots of effort, zero results. Every time it gets close to $0.10, it’s like, “Oh, you thought? Cute.” Feb. 26 saw a valiant effort at $0.101, but then it was like, “Nah, I’m good,” and dipped faster than my self-esteem after a bad haircut.

Friday’s session? More like Friday’s sad trombone. DOGE barely sniffed $0.10, settling at $0.0995. Resistance? Oh, it’s there. Like a bouncer at a club saying, “Not tonight, buddy.”

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At the time of writing, DOGE was down 4.91% in the last 24 hours to $0.094. Because why have a good day when you can have a “why me?” day? The market’s selling pressure is like that one friend who always overstays their welcome. Thanks, Nvidia’s earnings-fueled pullback. You’re a real pal.

The crypto market on Friday? Let’s just say it’s been better. Most major cryptocurrencies are taking a nap-a very expensive nap. Traders are de-risking faster than I de-commit to plans when I realize there’s no free food involved.

In the last 24 hours, $317 million in liquidations. Ouch. Long positions took the brunt of it at $234 million, while shorts were like, “Hey, we’re here too!” with $83 million. It’s like a financial version of musical chairs, and everyone’s left standing.

Dogecoin Open Interest: Down 9.96%. Because Why Not?

Traders are hedging like it’s their job (oh wait, it is). Total futures open interest is at $93.13 billion, which is basically the crypto equivalent of “I’m fine, everything’s fine.” Dogecoin’s open interest dropped 9.96% to $921.41 million, and its volume fell 21% to $2.77 billion. It’s like the party’s over, and everyone’s leaving early.

Since February, DOGE has been trading sideways between $0.079 and $0.115. It’s the crypto version of being stuck in traffic-you’re not going anywhere, but you’re still paying for gas.

Traders are eyeing $0.0940 like it’s the last slice of pizza. If it holds, bulls might aim for $0.10. If not? Hello, $0.0924. Analysts say institutional flows are improving but aren’t exactly doing cartwheels. So, proceed with caution, or as I like to say, “Don’t bet your kid’s college fund on it.”

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2026-02-27 19:17