Dogecoin remains below $0.10 as Bitwise plans DOGE liquidation

  • Dogecoin traded near $0.0955 on October 5, below the $0.10 threshold.
  • Bitwise plans to liquidate its DOGE holdings by October 14.
  • Dogecoin recovered from early-September lows before the planned Bitwise sale.

Dogecoin traded near $0.0955 on October 5, recovering from early-September lows but remaining below the closely watched $0.10 threshold. Bitwise plans to liquidate its DOGE holdings by October 14, a sale that could add supply to the market, although the fund is small. The development follows a period of bullish derivatives positioning and technical resistance near $0.10, where DOGE had traded above key moving averages clustered around $0.09. Earlier analysis identified $0.095 as a descending-triangle breakout level, while spot Dogecoin exchange-traded funds recorded $3.16 million in September net inflows and DogeOS launched a public EVM-compatible testnet.

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