Nearly 100 Million DOGE Set to Hit the Market—Will This Cause Major Price Volatility?

Dogecoin is expected to issue nearly 100 million tokens from July 28 to August 4. This unlock, worth approximately $22.9 million, is drawing attention due to its scale and timing of issuance as DOGE fluctuates near a key price zone. Although there is the presence of a prominent figure, this event is expected to not shake the price structure of Dogecoin. The incoming capital can be easily managed as this asset has stable trading volume, at over 700 million dollars per day. Major exchanges provide high liquidity for DOGE pairs, ensuring good price stability during the issuance process. With a clear and predictable issuance schedule for Dogecoin, which helps avoid sudden token sell-offs or declines in ownership, this upcoming unlock does not come as a surprise to market participants. This mechanism allows traders to anticipate supply changes, thus they do not react in panic. Price movements indicate that DOGE is attempting to recover after surpassing the July peak of $0.28. Currently, the price is entering an accumulation phase at $0.24. The $0.22 level has provided support this week, with prices rising back at this moment, and this should be considered evidence of strong bullish interest. Technical analysis shows that the 50-day exponential moving average is being used as the price basis. Meanwhile, there is still a strong resistance level around $0.28, a level where Dogecoin has been rejected previously. The next signal that traders are closely monitoring is the potential to break above $0.25, as a new momentum. The Upcoming Issuance of the Token Will Test the Market Strength Around Key Price Levels The issuance of 95.5 million tokens, although of significant scale, is unlikely to significantly change market behavior. Dogecoin can ensure that supply remains undisturbed thanks to its position as one of the most actively traded cryptocurrencies. Compared to newer tokens, where price drops after unlocking are common, the solid liquidity position of Dogecoin helps control volatility. The market has priced in the expected issuance date and is less affected by sharp fluctuations due to supply concerns. The focal point is currently on the zone 0.25, and the movement of DOGE there will determine its next direction towards another breakout. In the case of steady buying pressure, this asset may continue to rise at the resistance level seen earlier this month. With nearly 100 million DOGE set to be issued, market stability is still being maintained. Liquidity depth and predictable token economics are helping traders focus on price fluctuations rather than supply shocks.