Dogecoin's Meme-Led Surge Triggers $5.66 Million in Short Liquidations

Dogecoin's price surge on September 21 triggered approximately $5.66 million in short liquidations, as the token reclaimed the $0.10 threshold after rising roughly 14% over 48 hours.

The move marked DOGE's largest bearish-position squeeze since late August, but the rally also exposes its dependence on sentiment and leverage.

Remittix, a project building a contrasting thesis around usable financial infrastructure, is gaining attention with its PayFi transfers supported by a live trading platform, an App Store wallet, and a planned earning service before RTX reaches public exchanges.

The first upside test for Dogecoin is approximately $0.105, followed by $0.12 if it can close firmly above the recent range. Support sits near $0.095 and $0.09, with losing those levels suggesting the squeeze moved price faster than underlying demand.