Dogecoin’s social buzz jumps but price stays weak as $0.135 level turns critical
Dogecoin saw a sharp rise in social media engagement alongside Bitcoin, Ethereum, and ZCash, driven by Reddit sweepstakes mentions and market chatter, while its price action stayed bearish. Onchain indicators such as Mean Coin Age, Age Consumed, MVRV, and Net Unrealized Profit/Loss pointed to network-wide accumulation, deep unrealized losses, and a capitulation phase, even as DOGE traded within a narrow range between $0.122 and $0.133 and eyed $0.135 as a key resistance.