Dogecoin Battles for Support Above $0.10 as DigiTap Presale Raises Over $12M
Dogecoin (DOGE) has rallied about 25% in the past week, pushing its price to around $0.10. This surge in value has caught the attention of traders and investors, with many now focusing on whether DOGE can reclaim and hold this psychological level.
The token's recent price movement has been significant, with futures open interest increasing above $1.6 billion as traders increased their leveraged exposure around the move. However, DOGE pulled back after reaching a high of just over $0.10, leaving bulls to fight for control above this key level.
In contrast, DigiTap (TAP) has been gaining traction in its presale, raising over $12.62 million before listing on public exchanges. This milestone is notable, as it shows that buyers are already committing significant capital to the project before it becomes available on major trading platforms.