Dogecoin (DOGE) is once again catching the attention of traders and institutions after a wave of notable developments.
Crypto exchange KuCoin has introduced a new mining pool service called KuPool, and DOGE stands among the first supported assets — signaling renewed interest in the meme-born cryptocurrency’s long-term potential. Meanwhile, on-chain data has revealed a large DOGE transfer coinciding with an increasingly tense technical setup around the $0.20 mark.
KuCoin’s KuPool Brings DOGE Mining Into Its Ecosystem
KuCoin’s newly launched KuPool platform aims to integrate mining services directly within its broader exchange ecosystem, enabling users to mine leading proof-of-work assets, including Dogecoin (DOGE), Litecoin (LTC), and later Bitcoin (BTC). The exchange describes KuPool as a “trust-based” system where miners can verify hash rate performance and receive rewards transparently.
The inclusion of DOGE in the pool’s early lineup underscores KuCoin’s recognition of the token’s enduring popularity and active mining community. By offering DOGE within a managed and secure environment, KuPool could potentially attract a new wave of small-scale miners and DOGE enthusiasts seeking simpler access to mining rewards without relying on external pools.
Whale Transfer Triggers Speculation
While KuCoin’s announcement sparked optimism among miners, market watchers were more focused on a massive transaction spotted by Whale Alert. Roughly 129 million DOGE — valued at about $26.8 million — was transferred from an unknown wallet to an address linked to Binance.
? ? 129,361,857 #DOGE (26,833,131 USD) transferred from unknown wallet to #Binancehttps://t.co/Ve0lGpNUrd
— Whale Alert (@whale_alert) October 27, 2025
The timing of the transfer, occurring as DOGE hovered around $0.20, added fuel to speculation about possible institutional activity or upcoming market moves.
Historically, such large inflows to major exchanges have been interpreted as potential precursors to selling pressure. However, analysts cautioned that these movements can also indicate internal rebalancing or preparations for over-the-counter settlements. With similar large-scale DOGE movements recorded in September, traders are carefully watching whether this latest transfer signals profit-taking or accumulation.
Price Analysis: Bulls Defend Key Support at $0.18
On the technical side, Dogecoin’s price action remains within a well-defined ascending channel that has guided its trend since early summer. Analyst Ali Martinez recently highlighted $0.18 as a crucial support zone for bulls. Maintaining this level could set the stage for a rebound toward $0.25 and potentially $0.33 if momentum accelerates.
Holding $0.18 is key for Doogecoin $DOGE. If bulls defend it, next targets: $0.25 and $0.33. https://t.co/eKdQbDkNvI pic.twitter.com/gaxaYZE9TQ
— Ali (@ali_charts) October 26, 2025
DOGE currently trades near $0.20, where the 14-day Relative Strength Index (RSI) has recovered to around 46, suggesting neutral momentum after a recent pullback. The Moving Average Convergence Divergence (MACD) indicator, meanwhile, hints at an early-stage bullish crossover, which could mark the beginning of a broader recovery phase if confirmed by volume.
Traders Eye the Next Move
Despite recent volatility, Dogecoin’s structure remains technically intact. If the $0.18 level holds firm, traders may see an extension toward the upper boundary of the current channel around $0.25, aligning with Ali’s forecast. A failure to sustain that support, however, could expose DOGE to a retest of the mid-$0.17 range.
The coming days will likely determine whether the memecoin’s price action confirms the optimism behind KuCoin’s mining expansion or whether whale-driven liquidity movements keep traders cautious heading into November.
