Using Python Web Scraping to Understand the DOGE Market: The Survival Logic Behind the Tripled Criticism

DOGE current price is $0.09, down 3.80% in 24 hours. But behind this seemingly ordinary price, an interesting market game is unfolding. To gain deeper insight into the vitality of this “old-timer” coin, I used Python web scraping to track market data over the past week — and the results are more intriguing than expected.

Tracking Social Sentiment with Python Scraping: The Moment of Most Criticism Is Often the Most Dangerous

After using Python to collect and analyze social media data, a surprising contrast emerged: the number of criticisms against DOGE is three times the number of positive comments. Normally, this should be a clear short-selling signal, but the market is not following conventional logic.

According to data from Santiment, the number of social media posts “sentencing DOGE to death” is at a historic high. This seems extremely pessimistic, but from a contrarian market indicator perspective, when everyone believes an asset is doomed to zero, it often sets the stage for an unexpected rebound. The essence of this phenomenon is that extreme pessimism in market sentiment usually means selling pressure has been largely exhausted, creating energy for a potential rally.

On-Chain Data Reveals the Truth: Hard-Core Consensus After Leverage Liquidation

Technical data is even more worth paying attention to. The open interest has plummeted from 3.58 billion DOGE to 1.49 billion DOGE, a 58% drop. What does this mean? It indicates that leveraged speculators have been flushed out, leaving behind only the true believers in the project.

On the chart, DOGE has been oscillating between $0.08 and $0.13, with RSI remaining in oversold territory for a long time. From a technical standpoint, such positioning often signals two possibilities — either a long-term bottom zone or a launchpad for a rebound. The key factor is the emergence of external catalysts.

Elon Musk and Trump: The Overlapping Effect of Two Consensus Drivers

DOGE has survived over a decade of criticism largely thanks to repeated endorsements by two influential figures. In early February, Musk revisited the “moon landing” concept, causing DOGE to surge 8% in a single day — a clear sign of market sensitivity to his statements.

Meanwhile, Trump’s TRUMP coin is currently priced at $3.40, successfully pushing the meme coin sector to new heights. This celebrity effect has spillover effects — Trump’s endorsement benefits DOGE as well. Rumors of the upcoming integration of payment features on X platform further add to DOGE’s speculative space. Although Musk has not officially confirmed DOGE integration, market expectations have already priced it in.

From Data to Expectations: DOGE’s Triple Target Levels and Long-Term Survival Logic

Based on current technical patterns and market sentiment, DOGE’s rebound targets are divided into three levels: short-term at $0.12 (breaking recent resistance), mid-term at $0.20 (awaiting confirmation of X payment feature launch), and long-term depending on whether Musk truly sends this “dog” to the moon.

DOGE’s moat does not come from technological innovation but from human nature’s obsession with consensus and inertia. In moments when everyone declares it dead, it instead shows the strongest vitality. As history repeatedly proves, the assets most overlooked by the market are often those that seem the least valuable.