Nearly 100M DOGE Set to Hit Market—Will This Trigger a Major Price Move?

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Nearly 100 Million DOGE Set for Release This Week.

DOGE Price Holds Steady Despite Major Token Unlock Event.

Traders Eye Breakout as Dogecoin Consolidates Near $0.25 Level.

Dogecoin is preparing to release nearly 100 million tokens between July 28 and August 4. This unlock, valued at approximately $22.9 million, is attracting attention due to its size and timing, occurring as DOGE consolidates near a key price zone.

Despite the substantial figure, this event is not anticipated to significantly disrupt Dogecoin's price structure. The influx of tokens is expected to be easily absorbed, given the asset's robust trading volume, which consistently exceeds $700 million daily.

Major exchanges provide ample liquidity for DOGE trading pairs, contributing to price stability during the token emission.

Dogecoin's transparent and predictable emission schedule, which avoids sudden token dumps or vesting cliffs, ensures that this upcoming unlock comes as no surprise to market participants. This clarity allows traders to anticipate the supply change and mitigates the risk of panic-driven reactions.

Price action suggests that DOGE is recovering after retracing from its July peaks above the $0.28 mark. It is currently consolidating around the $0.24 level. The $0.22 level has provided support this week, with prices rebounding from this point, indicating strong bullish interest.

Technical analysis indicates that the 50-day exponential moving average is acting as a price base. Meanwhile, strong resistance persists around the $0.28 level, where Dogecoin previously faced rejection.

Traders are closely monitoring a potential breakout above the $0.25 level as a signal of renewed momentum.

Source: Tradingview

Upcoming Token Release Tests Market Strength Around Key Price Levels

The release of 95.5 million tokens, while considerable in scale, is unlikely to cause a significant shift in market behavior. Dogecoin's position as one of the most actively traded crypto assets helps ensure that its supply remains stable.

Unlike newer tokens, which often experience post-unlock price crashes, Dogecoin's established liquidity helps to control volatility. The market has largely priced in the scheduled release, reducing the likelihood of sharp movements driven by supply concerns.

The $0.25 area is under close observation, and DOGE's performance at this level will determine its potential for another breakout. With sustained buying pressure, the asset could attempt another run at the upper resistance level observed earlier this month.

As nearly 100 million DOGE prepare to enter circulation, market stability appears to be maintained. Deep liquidity and predictable token economics are keeping traders focused on price movement rather than potential supply shocks.