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Dogecoin Price Prediction: DogeOS CEO Says DOGE Has No On-Chain Economy And He Is Building One

6h ago
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  • DOGE trades at $0.1112, down 1.09%, pulling back from the triangle upper boundary at $0.1130 with Supertrend at $0.1006 as support.
  • DogeOS CEO told CCN at Consensus 2026 there is no on-chain economy for Dogecoin and his EVM layer aims to fix that.
  • OI dropped 10.92% to $1.57B as longs absorbed $6.82M against $1.99M for shorts in 24 hours.

Dogecoin trades at $0.1112 on May 7, down 1.09%, pulling back from the ascending triangle upper boundary after a 14.5% weekly run, as DogeOS CEO Jordan Jefferson told CCN at Consensus 2026 that billions in Dogecoin trading value flows entirely to centralized exchanges with no on-chain economy behind it.

DOGE Ascending Triangle: Upper Boundary At $0.1130 Has Rejected Price Twice

DOGE Daily Price Action (Source: TradingView)

The ascending triangle has been forming since the February low near $0.0860, lower boundary rising stead…

Read The Full Article Dogecoin Price Prediction: DogeOS CEO Says DOGE Has No On-Chain Economy And He Is Building One On Coin Edition.

6h ago
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