Dogecoin Millionaires Secure 525 Million DOGE to Force Major 200-Day Resistance Breakout in 2026

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The largest recent wave of accumulation has been recorded on the Dogecoin (DOGE) market as over 96 hours whales bought more than 525 million, according to data from Ali Martinez citing Santiment . Judging by the unique technical picture on the DOGE chart, it can be assumed that this setup became the main trigger for such aggressive buying. Advertisement At the time of the news, DOGE was locked in a classic squeeze directly near a powerful long-term trend line, the 200-day moving average, which runs around $0.117. Since the beginning of 2026, Dogecoin had been trading deep below this resistance. Whales bought over 525 million Dogecoin $DOGE in the last 96 hours. pic.twitter.com/qrz36pIalX — Ali Charts (@alicharts) May 22, 2026 However, the current chart structure shows that local lows have been rising, forming a strong support base. For large capital, the current convergence with the 200-day curve is the first real chance this year to reverse the global trend from bearish to bullish. Advertisement Such a price structure prompts the thought that whales are actively buying DOGE from panic-selling retail holders before the main move begins. HOT Stories Beeple Drops Wild 2140 Michael Saylor Art Hyperliquid (HYPE) Nears All-Time High, Shiba Inu (SHIB) Faces Strong Downside Volume, Toncoin (TON) Returns to $2: Crypto Market Review On-chain surge vs. ETF silence This optimism on-chain, however, contrasts starkly with complete calm in the traditional financial sector as U.S. spot Dogecoin ETFs have recorded zero activity over the same time span. The last inflow of $860,960 was seen back on May 18. Total DOGE Spot ETF Net Inflow since the beginning of May 2026, Source: SoSoValue The sobering background for this speculative squeeze also remains the coin's fundamental limitations, which its co-creator Billy Markus reminded the market of the day before. He once again mocked the retail crowd's expectations of seeing DOGE reach a $20 trillion market capitalization , which would exceed the value of all the world's gold reserves. Advertisement You Might Also Like Thu, 05/21/2026 - 13:30 DOGE Cofounder: 'Dogecoin Going to $20 Trillion Would Not Be Boring' By Tomiwabold Olajide For the current technical breakout to turn into a long-term trend, the meme coin still needs more than whale buying. Dogecoin needs integration into the real economy, which could come, for example, through the long-awaited launch of payments in Elon Musk's X Payments. If the breakout above the 200-day moving average takes place, it could completely rewrite the rules of the game for DOGE over the coming months. However, if whales fail to push through this key resistance, the coin risks remaining trapped within its current price cycles. #Dogecoin #Dogecoin News #Dogecoin Price Prediction