Dogecoin price traded near $0.077 on Monday as the meme coin held its recent rebound. The token stayed in a tight weekend range after gaining more than 5% over the past week. The crypto market sentiment also improved, with the total market cap rising 1.04% to $2.19 trillion in 24 hours.
Trump Says He Is a Big Crypto Guy
The wider crypto market turned higher after President Donald Trump repeated his support for digital assets. Speaking at a news conference,
Trump said, “I’ve become a big crypto guy, I’m a fan.” He made the comment when asked whether Bitcoin could enter Trump Accounts.
The crypto is very powerful, and the industry is huge, Trump also said. He concluded that Bitcoin is being used by many even though its full capacity is yet to be felt. His comments provided traders with a new boost following a poor opening of the session on Monday.
Donald Trump on Bitcoin:
“I’ve become a big crypto guy, I’m a fan.” 👀
Whether you like him or not.
Bitcoin is now impossible for politicians to ignore.
That’s a very different world to the one we were living in just a few years ago.
This says a lot about the direction… pic.twitter.com/mWEFVBgG3u
— That Martini Guy ₿ (@MartiniGuyYT) July 6, 2026
Bitcoin price had earlier dropped more than 2% after Strategy released a new regulatory filing. The disclosure indicated that the Bitcoin treasury company had disposed of an approximate of 216 million BTC. This sale strained the market feeling since Strategy has always been regarded as a large corporate Bitcoin holder.
Nonetheless, Bitcoin price has since recorded an upward trend following the remarks made by Trump to boost market sentiment. The asset rose 1.66% to $63,716 over 24 hours. Ethereum, XRP, and Solana price also gained minimally as traders reverted to first-mover crypto.
The improved tone also favored Dogecoin price but was in a small price band. The meme coin remained near the level of $0.0770, indicating that buyers were defending the new recovery.
Dogecoin Price Eyes Recovery as Whale Holdings Rise to 73.85B DOGE
Dogecoin derivatives were trading with mixed conditions with the volume increasing by 31% to $1.26 billion. Nevertheless, the open interest decreased by 0.32% to $1.04 billion with little new leverage. The balances that increased to 73.85 billion tokens were in large wallets of over 1 billion DOGE.
Yet whale activity cooled, with transactions falling to 12 on Sunday. In the meantime, profitable supply increased to 38.51, and active addresses approached 50,000, which is a positive sign of a network recovery following a period of weakness.
Will DOGE Price Recover After Trump’s Crypto Comments Lift Sentiment?
The DOGE price surged to $0.07648 on the four-hour, gaining 0.30% during the latest session. The relocation was in response to the recent market pressure as buyers defended the $0.075 support area.
A fall below that level might subject DOGE to the $0.070 support area.
In the meantime, the RSI was close to 51.52, which indicated a neutral momentum following the recent rebound.
The Chaikin Money Flow remained positive at 0.08, indicating small capital flows into DOGE.
Nevertheless, the present arrangement continues to support a recovery attempt in case buyers have this base.
The initial upside target is close to $0.08, and here DOGE had met resistance before. A clear move above that level could target at $0.085. A stronger breakout could push long-term DOGE projection toward $0.09 in the coming sessions, after Trump’s Crypto comments lifted sentiment.
