Dogecoin Wallet Balances Rise as $0.10 Resistance Nears

Wallets holding between 10 million and 100 million Dogecoin (DOGE) showed a sharp increase in combined balances over the 96 hours ending Sept. 27, placing the token near a resistance zone around $0.10.

The reported addition was approximately 1.14 billion DOGE, with a valuation of roughly $112 million at the cited price. The listed balances, however, rose from about 54.29 billion DOGE on Sept. 24 to 55.45 billion DOGE on Sept. 27, implying an increase of approximately 1.16 billion DOGE.

The figures measure wallet holdings rather than confirmed purchases. Transfers between addresses, wallet restructuring and exchange-controlled wallets can all affect the combined balance without showing that the tokens were bought on the open market.

DOGE traded near $0.09 while approaching resistance between $0.098 and $0.10. About 28 billion DOGE had previously changed hands near $0.098, a level identified as a potential supply barrier.

A break above $0.10 could attract additional trading interest, while rejection could return DOGE toward the $0.085-to-$0.09 support area. Neither outcome is established by the wallet-balance figures alone.

The activity follows Dogecoin’s recent trading below $0.10 after the token briefly reached that level during the week.