Dogecoin Surges 30% In 7 Days, Now Faces Resistance At $0.10

Dogecoin (DOGE) followed the market-wide resurgence over the last few days, climbing to just shy of 10 cents on August 22, 2026. CoinGecko data shows that DOGE’s price has rallied by ore than 30% in the last week and 32% over the last month. Let’s discuss what awaits the memecoin next. Can it continue its rally, or will it face a correction soon?

Can Dogecoin Reclaim The 10 Cent Price Level, Or Will It Dip Again?

Dogecoin (DOGE) began its upward movement after President Trump’s recent White House cryptocurrency event. President Trump invited several CEO and founders from the industry to further push his administration’s pro-cryptocurrency stance. Trump also stated that the US plans to purchase a large number of Bitcoin (BTC) and other cryptocurrencies. The event led to a surge in investor sentiment. Dogecoin (DOGE), too, was a beneficiary of the larger market rebound.

While the rally was welcome and brought substantial relief to many investors, the market is already showing signs of a correction. Nearly $550 million