DOGE Hits 23-Cents on Whale Buying, Supply Zone Stalls Breakout

Dogecoin (DOGE) has reached a price of 23 cents due to significant purchases by large investors, commonly referred to as 'whales.' However, the cryptocurrency is currently facing resistance as it approaches a key supply zone, which is impeding its potential breakout to higher price levels. source: https://www.coindesk.com/markets/2025/08/09/doge-hits-23-cents-on-whale-buying-supply-zone-stalls-breakout