Dogecoin Price Analysis: Whale Entry and Future Outlook Under U.S. Regulatory Advancement

According to Gate market data, the DOGE price has decreased by 1.24% in the past 24 hours, currently trading at $0.1217, with a 24-hour trading volume of $26.53M. Market sentiment remains cautious, and technical indicators show that buying momentum has not yet fully recovered.

Earlier this week, a well-known whale address that sold 255 BTC last December suddenly turned bullish, leveraging 10x to long over 15.66 million DOGE, with a nominal position value of $2.14M. This move coincided with the U.S. Senate releasing a draft bill on digital asset market structure, aiming to establish a clear regulatory framework for cryptocurrencies including DOGE.

Current Market Performance and Technical Analysis

According to Gate market data, as of January 26, 2026, Dogecoin is priced at $0.1217, down 1.24% in the past 24 hours. Over a broader timeframe, DOGE has declined by 4.27% in the past week and 0.88% over the past month. Compared to a year ago, DOGE has fallen approximately 65.53%, indicating ongoing market adjustment.

From a technical perspective, recent trading data shows DOGE has successfully broken out of a downtrend channel. Momentum indicators like MACD suggest that although buying momentum has not fully recovered, prices have rebounded. Key resistance is around $0.1595, while support may be near $0.115.

In the past 24 hours, DOGE reached a high of $0.1237 and a low of $0.1176. This price range reflects market tug-of-war at current levels. Historical data shows DOGE’s all-time high was $0.7315, and its lowest was $0.0000869.

Institutional Movements and Market Behavior Analysis

Recently, a notable market behavior emerged: a prominent whale address that sold 255 BTC last December suddenly turned bullish on Dogecoin. The address leveraged 10x to long over 15.66 million DOGE, with a nominal position value of $2.14M. This action carries technical risk, as DOGE has been under pressure since its December high of $0.15209. The whale’s position was established at $0.137621, currently showing an unrealized loss of $8,331.

Meanwhile, traditional financial institutions like Morgan Stanley are actively entering the crypto market. The firm, managing trillions of dollars in assets, plans to launch a DOGE-related crypto product by early 2026. This marks the first large-scale involvement of traditional financial giants in the MEME coin space, potentially bringing broader market recognition and new growth opportunities for DOGE and other cryptocurrencies.

U.S. Regulatory Environment and Legislative Progress

In early 2026, two key U.S. Senate committees released draft legislation on digital asset market structure, marking a significant step forward in crypto regulation. The Senate Banking Committee’s “Digital Asset Market Clarity Act” and the Agriculture Committee’s “Digital Commodity Intermediary Act” together outline a new regulatory blueprint for U.S. crypto assets.

Patrick Vetter, Executive Director of the White House Digital Asset Advisory Committee, publicly stated that these bills must be enacted as soon as possible in 2026, or the crypto industry worth trillions of dollars will remain in regulatory gray areas for the long term. He emphasized that the core discussion now is about “when to legislate and how to compromise,” not “whether to legislate.” Notably, these bills attempt to place DOGE under a regulatory framework similar to Bitcoin and Ethereum, which could provide a more stable institutional environment for DOGE. Market analysts believe that implementing clear regulations could attract more institutional capital into the crypto market, including DOGE.

Price Forecast and Market Outlook for 2026

Based on current market data and technical indicators, DOGE’s average price in 2026 is projected to be around $0.1217, with a trading range possibly between $0.07794 and $0.1595. This forecast considers regulatory developments, market sentiment, and technical patterns.

From a technical analysis standpoint, some charts show DOGE forming a double bottom near $0.115, with potential for an upward breakout from a descending wedge. If successful, the technical target could be around $0.28.

Market analysts note that, amid increased activity in the Meme coin sector in early 2026, DOGE, as a representative, has seen trading volume expand and has broken out of its downtrend channel. If it can hold key support levels, prices may break through resistance and rise further. When market risk appetite increases, it could even reach higher price zones. In the long term, DOGE’s price by 2031 could move to $0.2392, representing a potential return of approximately +75.00% compared to current levels. This forecast is based on current market conditions and technical trends; actual performance will be influenced by regulatory progress, market liquidity, and broader crypto market sentiment.

According to Gate market data, DOGE’s current price is $0.1217, significantly below its previous high, with a 24-hour trading volume of $26.53M. Despite cautious market sentiment, technical patterns suggest DOGE may form a double bottom support near $0.115, providing a foundation for price recovery. A notable development is the whale address that sold 255 BTC and leveraged 10x to long over 15.66 million DOGE, reflecting positive outlooks for the future. Meanwhile, Morgan Stanley’s plans to launch DOGE-related products and the involvement of traditional financial institutions could bring structural changes to this MEME coin. Market volatility and regulatory reforms are progressing in parallel, with the U.S. Senate actively advancing the digital asset market structure bill, aiming to place Dogecoin under a regulatory framework similar to Bitcoin and Ethereum. The outcome of this legislative effort may ultimately determine whether DOGE can break through key technical resistance and regain upward momentum.