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Dogecoin recovery stalls as DOGE retreats below $0.10

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  • Dogecoin price hovers near $0.10 amid fresh rejection above this level.
  • Open interest has dropped below $1 billion.
  • DOGE could drop to $0.08 if weakness intensifies.

Dogecoin’s latest price rally has hit a snag, with the meme coin slipping back under the key $0.10 threshold amid fading momentum in the meme coin sector.

On Thursday, February 26, 2026, DOGE hovered around $0.1004, clinging to modest daily gains after a volatile week that saw it dip as low as $0.0914 the previous day.

This retreat highlights persistent challenges for the meme-themed cryptocurrencies, once buoyed by celebrity endorsements but now grappling with broader market headwinds and technical barriers.

DOGE price retested highs above $0.10

Dogecoin briefly surged past $0.10 on Wednesday, fueled by a sharp rebound for Bitcoin and top altcoins.

Traders eyed momentum above the psychological level as a potential springboard for renewed interest, especially after DOGE touched $0.11 on February 25 before retreating.

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However, the uptick proved short-lived, with selling pressure mounting as the token failed to sustain gains, retreating amid thinner trading volumes and scepticism over long-term catalysts.

A unique angle here is the role of retail investor fatigue.

On-chain metrics show smaller holders distributing positions after the spike, wary of the slide seen following Dogecoin price rallying to its peak in 2025.

CoinGlass data shows that open interest in Dogecoin futures has dropped to under $1 billion.

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The dip has been progressive since the peak of over $5 billion in September 2025.

This shift highlights how community-driven hype, Dogecoin’s hallmark, is waning as macro factors overshadow viral buzz.

Dogecoin price analysis

Dogecoin is trading near $0.098 as of writing on Thursday, preserving about 4% of the advance from the prior session.

The slight dip from intraday highs aligns with the rejection at the upper boundary of a falling channel.

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Dogecoin has also traded lower amid falling 50-day and 100-day SMAs.

Bulls, therefore, face the $0.10 and the SMA barriers as immediate resistance levels.

Dogecoin Price Chart
DOGE price chart by TradingView

The daily MACD has climbed following a signal line rebound earlier in the week, pointing to budding bullish energy.

Buyers are also unwavering as RSI lingers near the 50 mark, hinting at neutral sentiment.

This means fresh gains could follow if buyers retake control.

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Yet, a close below $0.10 could revive selling, targeting the February lows of $0.08 and exposing deeper corrections.

From a distinctive perspective, Dogecoin’s stall mirrors a “meme exhaustion pattern” seen in past cycles.

After quick pops, prices have often quickly pared gains.

With year-to-date declines persisting and Bitcoin’s surge also stalling, DOGE bulls need a decisive breakout to shift momentum.

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Crypto World

REX Shares Launches New ETF with Exposure to Coinbase and Strategy

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REX Shares Launches New ETF with Exposure to Coinbase and Strategy

US-based asset manager REX Shares has launched an exchange-traded fund that bundles leveraged covered-call strategies tied to nine individual stocks, including crypto-linked names Coinbase and Strategy, into a single income-focused product trading under the ticker GIF.

According to Thursday’s announcement, the fund holds equal-weighted positions in REX’s existing single-stock Growth & Income ETFs, each of which targets about 1.25x exposure to its underlying equity while writing covered calls on a portion of the portfolio to generate option premium income.

GIF trades on Cboe Global Markets and each underlying ETF seeks to distribute income on a weekly basis, with payouts largely derived from covered call premiums.

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Covered call premiums are the upfront payments a fund collects for selling options on stocks it already owns, generating income in exchange for capping some of the shares’ upside potential.

REX Shares said the ETF holds equal-weighted exposure to nine REX funds tied to Nvidia (NVII), Tesla (TSII), Strategy (MSII), Coinbase (COII), Robinhood (HOII), Palantir (PLTI), CoreWeave (CWII), Eli Lilly (LLII) and Walmart (WMTI), spanning crypto-linked equities, technology, AI, healthcare and retail sectors.

Related: Michael Saylor says quantum threat to Bitcoin is more than 10 years away

21Shares lists STRC ETP as companies add Strategy preferred shares to treasuries

The launch comes amid a week of new allocations tied to Strategy-linked securities.

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On Wednesday, 21Shares introduced an exchange-traded product (ETP) giving European investors exposure to STRC, Strategy’s variable-rate perpetual preferred stock. The 21Shares Strategy Yield ETP began trading on Euronext Amsterdam under the ticker STRC NA on Thursday.

Also on Wednesday, Strategy said Prevalon Energy, an energy infrastructure company, and Anchorage Digital, a crypto-focused digital asset bank, had allocated portions of their corporate treasuries to STRC, though they did not disclose the size of their positions.

Strategy describes STRC as a digital credit instrument with an 11.25% annual dividend, part of its broader effort to issue fixed-income securities tied to its Bitcoin (BTC) holdings.

Strategy’s BTC holdings over time. Source: Bitbo.io

Since adopting its Bitcoin treasury strategy in August 2020, Strategy has become the largest corporate holder of Bitcoin, reporting 717,722 BTC, or about 3.4% of the fixed 21 million supply.

Despite demand for Strategy-linked securities, the company’s shares have fallen alongside Bitcoin’s price. The stock is down more than 60% over the past six months and about 50% over the past year, according to Yahoo Finance data.

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Source: Yahoo Finance

​​Strategy has also emerged as the most heavily shorted large-cap US stock on Goldman Sachs’ latest ranking, based on short interest relative to market value.

Magazine: Bitcoin’s ‘biggest bull catalyst’ would be Saylor’s liquidation: Santiment founder