Dogecoin jumps to 21 cents despite 200 million USD whale transfer to Binance

Between August 24–26, Dogecoin traded with heavy volatility, dropping sharply on August 25 due to whale activity. A notable 900 million DOGE transfer to Binance unsettled traders, despite whales accumulating over 680 million DOGE this month. Comments from Fed Chair Powell boosted meme coins, including DOGE.

Current analysis reveals support at 0.208 USD and resistance at 0.218–0.221 USD. With recent bearish sentiment present, analysts predict a potential upside if consolidation above 0.210 USD continues.