Musk's X payment ambition: DOGE cross-chain breaks through the Bitcoin ecosystem. Dogecoin breaks through US$0.2. and 10 billion of funds pouring in to detonate the animal carnival | Animal coin bull market restarts | DOGE payment revolution

## Musk's X payment ambition: DOGE broke through the Bitcoin ecosystem across chains, Dogecoin broke through $0.2, and 10 billion of funds poured in to detonate the "animal carnival". In the historic moment of the crypto market, a Shiba Inu wearing a crown is leading a new round of animal spirit awakening. At noon on July 14, Beijing time, when Bitcoin broke through $120,000 with a destructive momentum, the entire cryptocurrency market ushered in a carnival. Driven by Bitcoin, Dogecoin (DOGE) rose 2.28% and quoted US$0.2031. But the real drama has been staged before dawn - in the early morning of that day, **DOGE staged a 5% vertical pull-up, with the price reaching $0.210 from $0.200, and the trading volume in a single hour exceeded 615 million and 582 million, setting a record for the highest this month. --- ### 01 The midnight raid, the whale woke up from 3:00 to 4:00 today (UTC+8). Most investors in the crypto market were still sleeping, and Dogecoin suddenly started. On-chain data shows that **twice a huge purchase order of 6 million in a row** pushes the price from 0.200 to 0.210 US dollars. This breakthrough is not something retail investors can do. According to CoinGlass monitoring, ** institutional funds are quietly deploying **, and DOGE trading volume has reached more than twice the 24-hour average during the breakout period. The crypto whale that has been silent for a long time is returning to the Dogecoin battlefield. "This is not an ordinary rebound," blockchain analysis agency CryptoPulse pointed out, "**Whale Wallet has accumulated net accumulation for 16 consecutive days. Since June 28, addresses holding 100 million to 1 billion DOGE have continued to increase their holdings. This accumulation model has only appeared before the bull market in early 2024." The futures market is changing simultaneously. DOGE derivatives trading volume soared to $1.5 billion, with large orders in the million-dollar level on multiple exchanges. These signs indicate that professional investors are laying the groundwork for a larger market. ### 02 Technical breakthrough, bulls are aiming at $0.3 USD From a technical perspective, today's breakthrough is of great significance. **$0.200 has shifted from resistance to support**, which is the first time that bulls have stood firm in this key psychological barrier in two months. On the daily chart, DOGE has formed a clear "** triple bottom structure**", with the basic support level in the range of US$0.14-0.16. What excites traders even more is the time cycle signal. Analyst Olivier Ð Ma𝕏imus disclosed on the X platform that the **DOGE weekly line has entered the "green time cycle"** - after this signal appeared in history, Dogecoin's average increase reached 195%. Key resistance levels are near: - ** Primary target $0.213** (high pressure zone before July) - ** Core target $0.239** (Q2 high in 2025) - ** Post-breakthrough target $0.30-0.65** (Technical measurements are combined with analyst target zones such as Javon Marks) On-chain data also sends positive signals. Brave New Coin monitoring shows that DOGE has risen by 15.22% in the past 30 days, while the cumulative increase in 12 months has reached 83.21%, and its market value is approaching the $30 billion mark. ### 03 Ecological evolution, the fundamentals of millions of merchants in the payment territory have also ushered in a major turning point. Dogecoin Foundation announced in November last year that it plans to promote 1 million grassroots retailers to support DOGE payments in 2025 through the **Dogebox system. This decentralized payment network allows node operators to obtain transaction incentives, truly activate Dogecoin as the original positioning of "payment currency". A breakthrough in cross-chain interoperability is imminent. The 2025 roadmap released by MAP Protocol shows that ** plans to provide cross-chain services to Dogecoin in the first quarter**, connecting mainstream public chains such as Bitcoin and XRP. This means that DOGE will get rid of the single attribute of "meme coins" and become a circulating asset of the multi-chain ecosystem. Market expectations are also heating up. With the founding of Elon Musk's "American Party", the community's speculation about its integration of DOGE as a payment tool on the X platform is becoming increasingly strong. Once implemented, the application scenario of Dogecoin will be completely changed. ### 04 The macro east wind, the resonance of policies and funds, the rising wave of cryptocurrencies is inseparable from the cooperation of the macro environment. Behind today's Bitcoin hit new highs is the result of **multiple macro positives jointly promoting **: - **Feder rate cut expectations strengthened**: FOMC meetings on July 22 and 30 may send dovish signals - **US policy shift **: Trump's working group is about to release a crypto policy report, Congress will vote on three crypto-friendly legislation including the GENIUS Act this week - **Debt monetization concerns**: The United States raises the $5 trillion debt ceiling, and Bitcoin is seen as "**New tool to fight fiscal deficits**" Institutional funds are pouring in at an unprecedented scale. The 10x Research report pointed out that the single-week net inflow of Bitcoin ETF hit a record of US$3.4 billion. The entry of these "smart money" provides liquidity support for the entire crypto market. It is worth noting that retail investors are still relatively calm at present. Google Trends data shows that public interest in searching cryptocurrencies is far from reaching the level of the bull market in 2021. This "non-fanity state" implies that the market may still be in the medium term. ### 05 Risks are undercurrent, beware of the hidden crisis in the feast of $0.25. CoinGlass data shows that in the past 24 hours, a total of 98,800 traders worldwide have lost their positions, with a total loss of US$278 million. Among them, short positions were US$190 million, but long positions were also US$92.19 million - the two-way strangle of the market has never stopped. There is strong resistance above the technical side. **The range of $0.23-0.25 is a large number of selling orders, forming a "supply wall". At the same time, the on-chain trading volume (OBV) indicator shows that buying pressure has weakened in the past two weeks. For short-term traders, the key risk control positions are clear: - **Position bottom line: $0.200** (Stop loss if it falls below) - **Breakthrough confirmation: $0.239** (requires volume amplification) - **Targeted end point: above $0.25** CoinPedia's annual forecast model gives a more cautious range: the optimistic scenario looks to $1.07, but if subject to regulatory shock or celebrity selling, it may fall back to $0.62. --- Institutional investors are reevaluating DOGE's value positioning. From a technical perspective, $0.239 will be the key watershed in the decisive battle between long and short people - once it is effectively broken, it will open the road to $0.30. And the **10 billion-level ecological plan is advancing ** in reality. With the implementation of the Dogebox system, the Dogecoin Foundation's million-dollar merchant territory will move from concept to reality. When payment scenarios are combined with cross-chain interoperability, this Shiba Inu, wearing the Internet crown, is opening up a new kingdom in the blockchain world.