DOGE surges above 15% as crypto liquidations exceed $1 billion

  • DOGE rose more than 15% to just above $0.10 during Tuesday’s Asian morning trading.
  • More than $1 billion in crypto positions were liquidated, including $844 million, or 82%, from short sellers.
  • Bitcoin held above $85,600 as DOGE extended Monday’s move from $0.08536 to $0.09784.

Dogecoin rose more than 15% to just above $0.10 during Tuesday’s Asian morning hours, making it the strongest performer among major tokens, according to CoinDesk data. The move extended Monday’s advance, when DOGE climbed from $0.08536 to $0.09784 and consolidated around $0.0957, a gain reported at more than 14% based on CoinGecko data recorded at 15:34 UTC. Bitcoin held above $85,600 after gaining roughly 5% over 24 hours, while more than $1 billion in crypto positions were liquidated, including $844 million, or 82%, from short sellers, according to CoinGlass. About 135,000 traders were closed out. Dogecoin’s 24-hour trading volume reached $1.84 billion, with liquidity concentrated in USDT- and U.S. dollar-denominated pairs on major centralized exchanges, while derivatives open interest had earlier risen 16% to $1.49 billion. DOGE’s rebound followed weeks of range compression and a recovery from $0.078 on September 16, 2026, taking the token above its daily 200-day moving average at $0.087 and toward resistance near $0.10. Further gains may depend on fresh buying because hourly liquidations fell below $11 million from more than $300 million at Monday’s peak. The token remains more than 88% below its May 2021 all-time high, despite support around $0.084 to $0.088 and renewed accumulation.

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