Dogecoin (DOGE) continued its strong upward momentum early Monday, drawing renewed attention as it approached the closely watched $0.10 level. The popular meme-inspired cryptocurrency climbed 9.95% over the last 24 hours, reaching $0.093 as it tracked broader market gains.
Market rally lifts Dogecoin
Bitcoin led the latest crypto rally, rising above $85,000 and achieving its highest price since late January. Dogecoin followed suit, rebounding from a recent low of $0.078 recorded on September 16, 2026.
The resurgence in Dogecoin allowed it to recover above the key daily 200-day moving average (MA 200) at $0.087, a major technical milestone for the asset. The price reached as high as $0.094 during early Monday trading after a pronounced surge.
According to data from CoinGlass, Dogecoin derivatives activity has also picked up significantly. Open interest soared 16% in the last 24 hours, hitting $1.49 billion, which indicates rising engagement among traders and speculators.
Mini dictionary: Open interest refers to the total number of active derivative contracts (such as futures or options) that have not been closed or settled. Rising open interest generally signals increasing trading activity and interest in the underlying asset.
| Metric | Current Value | 24h Change |
|---|---|---|
| Dogecoin price | $0.093 | +9.95% |
| BTC price | $85,000+ | High since January |
| Doge open interest | $1.49 billion | +16% |
Key levels and resistance
For Dogecoin to reach the $0.10 milestone, traders have pinpointed the $0.095 level as the next significant resistance. During the surge, Dogecoin’s price tested this area but stopped just short, reaching $0.0948 before pulling back slightly.
Analysts emphasize that maintaining a price above the daily 200-day moving average is crucial for sustaining the current bullish trend and a possible move higher.
Matt Hougan, Chief Investment Officer at Bitwise, remarked about the state of the crypto market: “I do think it’s over, it’s crypto spring, the crocuses are blooming.”
Community buzz and broader context
Billy Markus, who co-created Dogecoin in 2013, generated excitement over the weekend with a cryptic post, “We’re So Back?” Although Markus did not reference any particular asset, the message was widely interpreted as commentary on the broader cryptocurrency rebound.
With Bitcoin and altcoins like Dogecoin posting strong double-digit gains, the community is now considering whether the prolonged “crypto winter”—a phase marked by weak digital asset prices—may finally be coming to an end.
