Dogecoin Price Prediction: DogeOS CEO Says DOGE Has No On-Chain Economy And He Is Building One
Tech Dogecoin Price Prediction: DogeOS CEO Says DOGE Has No On-Chain Economy And He Is Building OneDOGE 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 The ascending triangle has been forming since the February low near $0.0860, lower boundary rising steadily and upper boundary flat near $0.1120 to $0.1130. Price tagged the upper boundary yesterday before pulling back, the same rejection that occurred in March and April. The Supertrend at $0.1006 is bullish and rising below price. The 20-day EMA at $0.1045, 50-day at $0.1004, and 100-day at $0.1053 form a dense support cluster between $0.1004 and