DOGE Soars 6% Amid Trump’s $2,000 Payment Promise — Meme‑Coin Throwback to 2021 Surge

Dogecoin Surges 5% as Trump Stimulus Talk Sparks Meme Coin Rally

DOGE breaks $0.1800 amid institutional buying and renewed risk appetite

Dogecoin rallied 5.2% to $0.1811 on Tuesday, surging past the $0.1800 resistance level as institutional flows picked up. The breakout coincided with a wider rebound in meme coin sentiment, fueled by U.S. President Donald Trump’s weekend comments pledging $2,000 dividends funded through tariffs, which prompted rotation into speculative assets.

Macro Drivers

Trump’s remarks, in which he labeled non-tariff supporters “fools,” reignited expectations for looser fiscal conditions and higher domestic liquidity, boosting risk assets. Traders noted parallel inflows into SHIB, signaling renewed appetite for high-beta meme tokens after a short consolidation period.

Volume surged to 649.5 million DOGE, roughly 180% above the 24-hour average, confirming institutional accumulation during the rally.

Price Action & Technicals

DOGE advanced from $0.1722 to $0.1811, peaking at $0.1826 before a minor pullback to $0.1804, testing breakout support.

Higher lows at $0.1745, $0.1761, and $0.1782 indicate an ascending channel.
RSI near 61 and MACD positive confirm bullish momentum.
DOGE trades above 20- and 50-hour moving averages, underscoring near-term trend strength.
Hourly volume spikes reflect profit-taking, not structural weakness.

Outlook

Traders are watching $0.1800–$0.1804 support:

Sustained closes above $0.1838 could push DOGE toward $0.1860–$0.1900.
Failure to hold support risks a retracement to $0.1740–$0.1750, though institutional buying may cushion dips.

Meme coins remain speculative proxies amid macro uncertainty, and Trump’s fiscal rhetoric could continue driving inflows into high-beta digital assets in the coming days.