Dogecoin (DOGE) Closes Above $0.08 for a Second Straight Day

Dogecoin (DOGE) posted a second consecutive UTC daily close above $0.08 on Oct. 21, after closing below that level on Oct. 19. The three closes do not confirm a sustained rebound.

DOGE closed at $0.081916 in the Oct. 21 UTC daily record, following $0.081731 on Oct. 20 and $0.079692 on Oct. 19. The Oct. 21 UTC daily close corresponds to about 8 p.m. ET Oct. 21 (00:00 UTC Oct. 22).

The 365-day market value to realized value (MVRV) reading was near 0.74 on Oct. 20. The measure reflects average potential profit or loss for a one-year cohort; a reading of 0.74 implies the group was about 26% below break-even on average.

A reading below 1 indicates average unrealized losses, but does not show whether buyers are absorbing supply or confirm that selling has ended. The latest closes add price context to earlier coverage of DOGE’s one-year MVRV reading, but the price sequence alone does not establish that DOGE will remain above $0.08.