Dogecoin May Encounter Resistance at $0.20 with Over 11 Billion Coins Accumulated

**Dogecoin’s $0.20 Resistance: On-Chain Insights and What’s Next for DOGE Price**

Dogecoin faces a crucial barrier at the $0.20 price level, with recent on-chain analysis underscoring why this zone acts as a significant supply wall. According to data from Glassnode, approximately 11.12 billion DOGE tokens were accumulated around $0.20, creating heavy resistance during market recoveries.

Currently, Dogecoin trades near $0.18, having seen a 7% surge. However, the price remains below this key threshold, and breaking the $0.20 barrier could potentially signal the start of a stronger rally.

### What is the $0.20 Resistance Level for Dogecoin?

The $0.20 resistance zone is a critical area where a large volume of DOGE was previously purchased, forming a natural barrier to price advances. Glassnode’s on-chain data reveals that over 11.12 billion DOGE tokens accumulated at this level, emphasizing significant investor interest and activity.

This accumulation transforms the $0.20 region into a supply-heavy area. For Dogecoin to advance further, buyers need to absorb this massive supply, overcoming potential selling pressure from holders aiming to break even or realize profits.

### Why Has Dogecoin Seen Heavy Accumulation at $0.20?

Glassnode’s cost-basis distribution heat map highlights a dense concentration of DOGE holdings near $0.20. Many investors likely entered the market during earlier cycles at this price point, leading to high levels of accumulation.

This cluster of holdings often results in selling activity as the price revisits this level. Crypto analyst Ali Martinez recently explained that such accumulation zones tend to act as strong resistance, especially for volatile assets like Dogecoin.

Holding 11.12 billion DOGE at this threshold represents a substantial chunk of the circulating supply, underscoring the area’s significance. In meme coin markets, these patterns frequently emerge, largely driven by retail investor behavior.

When Dogecoin tests these levels, typical market dynamics—such as profit-taking and break-even selling—reinforce the resistance wall. Recent failed attempts by DOGE to break above $0.20 reflect the strength of this on-chain signal.

### On-Chain Data: A Reliable Indicator

Experts and financial analysts agree that real-time, unbiased blockchain metrics are essential for understanding crypto price action. Glassnode offers transparent insights into holder distribution, allowing traders to anticipate resistance levels based on data rather than speculation.

The broader crypto market has recently seen a shift in sentiment, with leading assets rebounding after corrections. As the most popular meme coin, Dogecoin follows these trends but must contend with unique, community-driven price behaviors. On-chain metrics like the holder distribution around $0.20 provide a factual lens for predicting future moves.

## Frequently Asked Questions

**What Causes the Dogecoin $0.20 Resistance Based on On-Chain Data?**
Dogecoin’s $0.20 resistance emerges from the accumulation of 11.12 billion DOGE at this price, as shown by Glassnode’s cost-basis heat map. Those who bought at this level may sell to recoup losses or lock in gains, creating significant selling pressure and forming a supply barrier that demands strong buying interest to surpass.

**How Might Dogecoin Break Through Its $0.20 Resistance Level?**
DOGE could break through $0.20 if robust trading volume and improved market sentiment persist, reducing the sell-wall from holders and attracting new buying interest. A definitive close above $0.20, particularly on high volume, would offer bullish confirmation and may pave the way for a rally.

## Key Takeaways

– **Dogecoin’s $0.20 zone holds 11.12 billion tokens:** Significant accumulation forms a major resistance level impacting short-term price action.
– **Recent volatility keeps DOGE below $0.20:** Despite a 7% move higher, Dogecoin trades at $0.18, needing more volume to advance.
– **Breaking resistance requires bullish catalysts:** Watch for sustained buying interest and positive sentiment for a possible rally beyond $0.20.

### Conclusion

Dogecoin’s critical $0.20 resistance level is shaped by the accumulation of billions of tokens, forming a decisive barrier to price gains. Traders should closely monitor trading volume and on-chain distribution to gauge the likelihood of a breakout. Stay informed on crypto trends—explore more insights and analysis as Dogecoin continues to evolve in a rapidly changing market.
https://bitcoinethereumnews.com/tech/dogecoin-may-encounter-resistance-at-0-20-with-over-11-billion-coins-accumulated/

Bitget Lights Up UNTOLD Dubai with Immersive LED Tower and Global Fan Experience

**Bitget Returns as Official Partner of UNTOLD Dubai 2025, Bridging Music, Technology, and Culture**

*VICTORIA, Seychelles, Oct. 31, 2025 /PRNewswire/* — Bitget, the world’s largest Universal Exchange (UEX), is set to make a spectacular return to the mainstage as the official partner of UNTOLD Dubai. The event will take place from November 6-9 at Dubai Parks & Resorts.

Under the shared theme “Feel the ₿eat,” this collaboration celebrates the rhythm that connects innovation and emotion, bridging the worlds of music, technology, and culture.

### A Spectacular Visual Experience

At the heart of Bitget’s activation is a striking 10-meter LED tower designed by acclaimed Dutch visual artist Julius Horsthuis. Known for his collaborations with Avicii, Lady Gaga, and the Forbes-listed XR masterpiece *Fractal Time*, Horsthuis has created a breathtaking centerpiece built atop a 16m × 16m black mirrored floor.

The tower features seven custom VJ loops representing Bitget’s seven-year evolution, each with distinct day and night modes. Guests will have the unique opportunity to step onto an interactive pressure-sensitive tile to “Awaken the Tower,” triggering a dynamic visual transformation enhanced by an original soundtrack composed by Dutch musician Chris Kuijten, whose credits include Cirque du Soleil and Heineken.

### Exclusive Partnerships and Collectible Festival Moments

Bitget’s collaboration extends beyond stunning visuals with a newly formed partnership alongside Pernod Ricard and Absolut. Festival-goers can look forward to limited-edition co-branded LED cups distributed across the mainstage, Zamna, and VIP stages throughout UNTOLD Dubai. These cups transform everyday festival moments into memorable and collectible experiences.

Building on its successful partnership from UNTOLD X in Romania, Bitget introduces digital engagement initiatives powered by Pulsar Money, featuring a $60,000 prize pool for 4,000 winners. Exclusive to UNTOLD Dubai attendees is the Vault Challenge, offering unrestricted access to Bitget’s innovative platform.

Fans will also experience a seamless fusion of Bitget’s products and festival energy through interactive challenges and digital rewards. From limited-edition merchandise giveaways and on-site wallet activations to exclusive Bitget Vault experiences, the campaign brings the essence of trading and on-chain engagement to life, bridging the gap between vibrant festival excitement and the future of digital finance.

### A Message from Bitget Leadership

“This collaboration is a celebration of movement that started at UNTOLD X in Romania,” said Vugar Usi Zade, Chief Operating Officer at Bitget. “UNTOLD represents the energy of the people and culture, and Bitget represents the energy of innovation and Web3. Together, we’re creating experiences that merge culture with technology, showing how far we’ve come since our journey began seven years ago.”

### Celebrating Innovation and Community

From live art installations to community-driven campaigns, Bitget’s presence at UNTOLD Dubai captures the spirit of what its Universal Exchange (UEX) stands for — bridging worlds and redefining how people experience both Web3 and culture.

Each day from November 6 to 9, Bitget will unveil a special mainstage moment video, bringing all seven years of its story to life through light, sound, and shared energy.

### About Bitget

Established in 2018, Bitget is the world’s largest Universal Exchange (UEX), serving over 120 million users with access to millions of crypto tokens, tokenized stocks, ETFs, and other real-world assets on a single platform. The Bitget ecosystem empowers users to trade smarter with AI-powered trading tools and offers interoperability across tokens on Bitcoin, Ethereum, Solana, and BNB Chain, providing wider access to real-world assets.

On the decentralized front, Bitget Wallet operates as a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to over 20,000 DApps, with advanced swaps and market insights built into the platform.

Bitget actively drives crypto adoption through strategic partnerships, including its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in Eastern, Southeast Asia, and Latin American markets. As part of its global impact strategy, Bitget has teamed up with UNICEF to support blockchain education for 1.1 million people by 2027.

In motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit [Bitget’s official website](https://www.bitget.com).
https://usethebitcoin.com/crypto-live-feed/bitget-lights-up-untold-dubai-with-immersive-led-tower-and-global-fan-experience/

Can Pi Network’s ISO 20022 Move Catch Up to XRP and Stellar?

**What is ISO 20022, and Why Does It Matter?**

ISO 20022 is a global standard that defines how financial institutions exchange information for transactions such as payments, securities, and remittances. It replaces older, fragmented messaging systems with a unified, structured format that enables banks, fintech companies, and payment networks around the world to communicate using the same digital language.

Adopting ISO 20022 enhances cross-border compatibility by enabling secure and efficient sharing of richer, structured transaction data—such as payment purpose and sender and receiver information. This improves transparency, reduces errors, and accelerates the processing of international transfers.

The global shift to ISO 20022 marks a major milestone in modernizing finance. Many central banks and payment systems, including the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and the US Federal Reserve’s Fedwire—which completed its migration in July 2025—are adopting the standard. Full implementation is targeted by November 22, 2025. After that date, most international financial institutions connected to SWIFT’s cross-border network are expected to use ISO 20022 as the common foundation for seamless, data-rich global payments.

### What is Pi Network’s ISO 20022 Strategy?

Pi Network’s plan to adopt the ISO 20022 standard is divided into three key stages: preparation before November 2025, activation on November 22, 2025, and post-launch adoption.

Building on its large user base—with more than 50 million app downloads—Pi plans to introduce enhanced tools for cross-border payments, secure digital wallets, and a decentralized exchange (DEX) to support real-world transactions.

By adopting ISO 20022, Pi Network will gain easier integration with banking systems, enabling faster, cheaper, and more transparent digital transfers. This move could help Pi evolve from a community-driven project into a recognized participant in global payments, bridging the gap between cryptocurrency and regulated finance.

**Did you know?** Unlike Bitcoin, Pi Network doesn’t consume large amounts of electricity or require specialized hardware. Users “mine” coins simply by tapping a button, making it one of the largest social crypto experiments in history.

### How Pi Network Compares with XRP Ledger and Stellar Network

Ripple’s XRP Ledger and the Stellar Network are well-established blockchain systems designed for cross-border payments and financial integration.

– **XRP Ledger** enables fast, institutional-grade remittance solutions with near-instant settlement for banks and payment providers.
– **Stellar Network** focuses on financial inclusion, offering low-cost transfers and increased banking access to underserved communities.

Both networks are compatible with the ISO 20022 standard. The XRP Ledger supports compliant messaging formats through Ripple’s enterprise solutions, while Stellar’s design aligns with standardized financial communication, making it interoperable with ISO-based systems.

Pi Network differentiates itself through its strategic alignment with the ISO 20022 transition and its focus on emerging markets. Its strengths include accessibility and broad community reach, but it currently lacks the institutional partnerships, liquidity, and proven track record of the XRP Ledger and the Stellar Network.

The critical challenge for Pi Network is to move beyond replication and build the trust, adoption, and robust ecosystem needed to compete with these established players in global payments.

### Opportunities and Challenges for Pi Network

Pi Network is at a pivotal moment as it prepares for its ISO 20022 upgrade, presenting both major opportunities and potential risks.

Its mobile-first approach and base of more than 50 million app downloads position it well to promote financial inclusion across regions such as Africa, Asia, and Latin America—where access to banking remains limited in many areas.

The global shift to ISO 20022 by November 2025 offers Pi Network a timely opportunity to integrate with international systems and expand into cross-border payments and digital remittances.

However, Pi Network faces several key challenges:

– Building institutional trust
– Meeting regulatory and compliance requirements
– Ensuring sufficient liquidity within its token economy

The success of its mainnet launch, DEX performance, and merchant adoption will be crucial in establishing long-term credibility.

Potential applications include remittances, merchant payments, and future partnerships with governments or fintech firms. While ISO 20022 alignment opens new possibilities, Pi Network’s global success ultimately depends on achieving sustained, real-world adoption beyond the upgrade itself.

**Did you know?** XRP (XRP) transactions on the XRP Ledger typically settle in 3 to 5 seconds, compared with many traditional bank transfers, which may take hours or even days for cross-border payments—marking a significant improvement in global payment efficiency.

### Benchmarks and Three Scenarios for Pi Network’s Global Payments Future

Pi Network’s path to global relevance will depend on turning technical ambition into measurable adoption. To do this, it must meet the same credibility benchmarks that define Ripple’s XRP Ledger and the Stellar Network.

Key benchmarks include:

– Building partnerships with banks and financial institutions
– Achieving meaningful cross-border transaction volumes
– Securing visible adoption by merchants or government entities
– Maintaining robust token liquidity
– Fostering active participation in its DEX and a thriving app ecosystem

Currently, key metrics to monitor are announcements of bank or fintech integrations, progress on mainnet activation and open-market trading, and adoption in emerging-market remittance corridors. These developments will reveal whether Pi can evolve from potential to proven performance.

**Three Possible Scenarios for Pi Network:**

1. **Best Case:** Pi Network becomes a third major ISO 20022-aligned payment network alongside the XRP Ledger and the Stellar Network.
2. **Moderate Case:** Pi Network establishes a significant niche in developing-economy remittances but does not reach the institutional scale of the XRP Ledger or the Stellar Network.
3. **Worst Case:** Technical, regulatory, or ecosystem-adoption challenges prevent Pi Network from achieving meaningful cross-border scale.

**Did you know?** Stellar was founded by Jed McCaleb, Ripple’s co-founder, with a mission to promote financial inclusion. It has been used by the UN to deliver aid payments to Ukraine, serving as a real-world example of crypto’s humanitarian potential.

By adopting ISO 20022, Pi Network aims to position itself as a forward-thinking player in the evolving global payments landscape—one that bridges digital currency and traditional finance while promoting greater inclusion worldwide.
https://bitcoinethereumnews.com/tech/can-pi-networks-iso-20022-move-catch-up-to-xrp-and-stellar/?utm_source=rss&utm_medium=rss&utm_campaign=can-pi-networks-iso-20022-move-catch-up-to-xrp-and-stellar

The art of crypto

Crypto was once like an unruly teenager: misunderstood, uninvited, and not allowed near the family savings. But Pakistani authorities have now decided that they cannot beat the blockchain; they might as well try to regulate it. Hence the Virtual Assets Ordinance and the proposed Virtual Assets Bill.

Pakistan has pivoted hard, mirroring what’s happening globally, especially in the EU, where the Markets in Crypto-Assets Regulation (MiCA) is now standard.

### The Early Wild West of Crypto

In the unregulated days of crypto, ICOs were the gold rush. Entrepreneurs waved shiny white papers in the air like some magic spell, promising financial freedom and decentralisation. What they delivered was often closer to a group text scam. The lack of regulation meant that scammers could moonwalk around securities laws with nothing but a white paper and a dream.

That’s why some countries began taking things more seriously. MiCA was the EU’s answer to crypto: sure, decentralise all you want, but please fill out these forms.

### Pakistan Joins the Regulatory Renaissance

Pakistan is now joining this regulatory renaissance—but with some local flair. The 2025 Ordinance gave birth to the Pakistan Virtual Assets Regulatory Authority (PVARA), tasked with keeping the crypto circus from catching fire. Think of PVARA as the chaperone at the school dance, making sure nobody spikes the punch (or launders money).

Regulators are taking a hard look at what tokens actually are, as opposed to what they say they are and what they do. MiCA has its categories—asset-referenced tokens, e-money tokens, utility tokens, security-ish ones. Pakistan is leaning into the same “don’t trust the brochure” approach.

The State Bank of Pakistan (SBP) and the Securities and Exchange Commission have now joined the Pakistan Crypto Council, a group essentially hashing out token taxonomies.

### From Ban to Embrace

Remember when Pakistan banned crypto in 2018? The SBP has hinted that the advisory may soon be shredded. They are now toying with the idea of linking crypto to foreign exchange laws. Your Bitcoin might one day officially be worth something in Pakistan.

### Remaining Challenges

There are still issues. For instance, white papers—the crypto version of the “trust me, bro” sales pitch—remain unregulated in Pakistan. MiCA requires that if you’re going to promise the moon, your white paper better explain how you plan to build the rocket. Unfortunately, Pakistan has yet to impose such regulations.

Investor protection? Maybe next.

On the bright side, anti-money laundering (AML) and counter-terrorism financing (CTF) controls are front and centre in the ordinance. This includes provisions from the Anti-Money Laundering Act (AMLA) 2010. PVARA gets to play financial watchdog, audit snoop, and compliance enforcer all at once.

That’s good, because nothing kills an empty fintech dream faster than a FATF blacklist.

### Opening Doors for International Players

International players are now being invited to get licenses and set up shop in Pakistan. However, the ordinance is temporary. So yes, there’s a framework—but no formal act of parliament yet.

### The Philosophical Dilemma of Regulation and Decentralisation

Then there’s the real philosophical dilemma: can a heavily centralised regulatory regime handle the wild world of decentralisation?

Pakistan seems to be opting for a state-led innovation model. This is like trying to dance to a remix of techno and the national anthem at the same time.

National Bitcoin reserves and allocating 2,000 megawatts to blockchain and AI infrastructure are bold moves. But they also risk turning crypto into a VIP club for banks and government projects—potentially leaving smaller, community-driven projects stuck in the parking lot arguing with the bouncer.

### What Pakistan Needs Going Forward

To avoid that fate, the law will need to be smart and nimble. Token types should be clearly defined, disclosure standards must be firm, and investor protections real. Sandbox programmes and tiered regulations could help level the playing field.

If Pakistan pulls this off—if it can balance oversight with openness and formality with flexibility—it could emerge not just as a participant in the global digital asset race, but as an actual contender.

If it clings too hard to control or fails to pass actual legislation, it risks becoming just another cautionary tale in the crypto museum of almost-but-not-quite.
https://www.thenews.com.pk/tns/detail/1350032-the-art-of-crypto

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