 ▲ Dogecoin (DOGE) |
Dogecoin (DOGE) has outpaced Bitcoin (BTC)’s upward momentum, successfully reclaiming the psychological resistance level of $0.10 and leading a strong rebound in the meme coin market as investors’ appetite for risk assets revives.
According to cryptocurrency media outlet U.Today on February 26 (local time), Dogecoin surged 8.93% over the past 24 hours, at one point climbing to $0.1057. This gain far exceeded Bitcoin’s 4.35% return, with Dogecoin breaking through the key resistance range of $0.10 and drawing a steep upward curve. As investors began buying back previously dumped holdings, short liquidations and covering activity accelerated buying pressure, rapidly pushing prices higher.
Trading volume skyrocketed 115.17% from the previous day to reach $1.81 billion, underscoring intense market interest. As capital rotated swiftly into the meme coin sector, not only Dogecoin but also other major meme coins such as Bonk (BONK) and Shiba Inu (SHIB) posted simultaneous gains. With Dogecoin maintaining a stable position above $0.10, selling pressure has eased, and investors are taking aggressive long positions in anticipation of further price expansion.
Technical indicators have also signaled positive momentum. Dogecoin has entered the formation stage of its first golden cross against Bitcoin since early 2026, suggesting the potential to deliver higher short-term returns than Bitcoin. Currently rebounding from a low of $0.09335, Dogecoin must firmly defend support at $0.095 and secure a position above the $0.1023 Fibonacci retracement level to pave the way for a full-fledged rally.
Market experts analyze that this rebound signals more than a simple technical recovery—it may mark the prelude to a revival of the meme coin ecosystem. As Bitcoin has provided downside stability to the broader market, investors’ risk tolerance has strengthened, leading to capital concentration in high-yield assets. With both price and trading volume trending upward in a so-called “golden flip,” Dogecoin stands at an advantageous position to secure its second positive weekly close of the year.
Despite ongoing market volatility, Dogecoin has demonstrated strong resilience, solidifying its status as the leading meme coin. However, given that overall market volatility remains elevated, investors should closely monitor the stability of key support levels and respond cautiously. If $0.10 is firmly established as a support base, the explosive inflow of supply and demand characteristic of meme coins could reemerge, generating strong momentum toward reclaiming previous highs.
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