Dogecoin price is once again in the spotlight as whales unload hundreds of millions of tokens, corporate treasuries double down, and Wall Street prepares for DOGE’s first ETF.

Despite heavy selling pressure, the popular meme coin has managed to stabilize near the $0.27 support level, leaving traders debating whether this resilience signals a brewing Dogecoin rally or a temporary pause before another drop.

Corporate Accumulation Counters Whale Selling

While some whales are exiting, corporate entities appear to be doubling down. CleanCore Solutions, a digital infrastructure company, confirmed that its treasury reserves now exceed 600 million DOGE, valued at over $160 million. The firm has set a near-term target of one billion tokens and aims to control up to 5% of Dogecoin’s total supply in the future.

Whale investors have sold approximately 680 million DOGE over the past 96 hours, signaling significant profit-taking as Dogecoin trades near $0.27. Source: Ali Martinez via X

Marco Margiotta, CleanCore’s Chief Investment Officer, explained that the company’s strategy is to position Dogecoin as both a reserve asset and a tool for global remittances.

This accumulation has supported the market through periods of whale-led selling, keeping the dogecoin price within the $0.27–$0.30 range in recent weeks.

Supply Unlock Adds to Market Pressure

Further testing investor sentiment, more than 96 million DOGE—worth roughly $26 million—is set to be unlocked this week through linear vesting schedules. According to analyst Skyler, around $1 million worth of Dogecoin will enter circulation daily.

This gradual increase in circulating supply coincides with expectations of U.S. Federal Reserve rate cuts, which some analysts believe could spark fresh inflows into risk assets like cryptocurrencies. However, the steady unlock could also dampen bullish momentum.

Dogecoin’s massive supply has long been regarded as both its greatest strength, providing ample liquidity, and its biggest challenge when it comes to sustaining long-term rallies.

Technical Signals Hint at a Potential Breakout

Chart watchers remain optimistic despite near-term supply concerns. Analyst Trader Tardigrade pointed to a bull flag formation on the DOGE/USD chart, suggesting a potential breakout toward $0.43 in the short term.

Dogecoin’s daily chart shows a bull flag pattern pointing to a potential move toward $0.43. Source: Trader Tardigrade via X

Historically, Dogecoin has delivered rapid surges in condensed cycles, sometimes posting gains of more than 1,500% within 100 days. Tardigrade believes that if history repeats itself, DOGE could be setting up for its strongest rally yet, with a projected range of $3.2 to $5.3 by December 2025.

DOGE ETF Fuels Institutional Excitement

Adding to the bullish outlook, the long-awaited REX-Osprey DOJR ETF is set to debut this week, marking the first regulated investment product tied to Dogecoin. While the fund will initially operate through derivative exposure rather than spot DOGE holdings, it represents a landmark in integrating the meme coin into traditional financial markets.

REX-Osprey today launched the first U.S. spot ETFs for Dogecoin (DOJE) and XRP (XRPR), offering investors regulated access to both assets. Source: CCN via X

“Wall Street exposure through ETFs could unlock sidelined institutional capital waiting for regulatory clarity,” wrote analyst Harvey Hunter in a market commentary.

If the ETF launch coincides with macro catalysts such as rate cuts and corporate accumulation, analysts say DOGE could attempt another leg higher, with near-term targets at $0.38 and medium-term projections ranging toward $1.

Outlook: Balancing Risks and Rewards

With whale selling, corporate accumulation, ETF approval, and token unlocks all unfolding simultaneously, Dogecoin is navigating one of its most complex trading weeks of the year.

Dogecoin was trading at around $0.28, up 4.83% in the last 24 hours at press time. Source: Brave New Coin

The short-term outlook hinges on whether DOGE can hold the $0.27 support. A decisive bounce could pave the way for a rally toward $0.38 and beyond. In contrast, failure to hold this level may open the door for further retracement.