In Brief NYSE Arca submits a 19b-4 filing to list and trade Bitwise’s Dogecoin ETF, pending SEC approval. Market sentiment for approval is rising, with Polymarket showing a 67% probability and Bloomberg analysts predicting a 75% chance in 2025. DOGE price drops 15.79% despite ETF optimism, reflecting broader market volatility and weakened trading volume. NYSE…
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In Brief Analysts favor Litecoin for ETF approval but unexpectedly rank Dogecoin above Solana and XRP for SEC consideration. The SEC’s new Crypto Task Force may reclassify assets, benefiting Litecoin and Dogecoin while hurting Solana’s chances. Grayscale and Bitwise push new ETF applications, signaling growing demand and possible SEC action in the near future. Analysts…
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In Brief Dogecoin remains below $0.33, down 2% in 24 hours, while trading volume has dropped 36%, signaling weak market momentum. The Ichimoku Cloud and EMA structures confirm a bearish setup, with DOGE struggling to break key resistance levels. BBTrend remains negative but is improving, suggesting bearish momentum is fading, though DOGE still faces downside…
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In Brief Whales have acquired 410M DOGE, worth $140M, pushing their total holdings to 22.5B—the highest since 2016. A negative MVRV ratio highlights DOGE’s undervaluation, signaling a strong “buy the dip” opportunity for investors. Rising CMF indicates growing buying pressure, with potential price targets of $0.48 if accumulation continues. Dogecoin’s large investors, often called “whales,” have…
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In Brief Dogecoin gained 60,000 new holders in 10 days, indicating renewed retail interest and potential for a price rally. The MVRV ratio has turned positive from negative territory hints at undervaluation, reinforcing the bullish bias. A bull flag breakout could push DOGE to $0.60, or even $1, but a drop below $0.33 would invalidate…
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In Brief Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which alleged market manipulation and insider trading. Both sides have withdrawn motions seeking sanctions, ending legal disputes following the case’s dismissal in August. The lawsuit claimed Musk’s public statements influenced Dogecoin’s price, but the judge ruled they did not amount to securities fraud.…
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In Brief Dogecoin surged 6% after Elon Musk’s X post about a “Department of Government Efficiency (D.O.G.E).” Musk hinted at joining a Trump administration, sparking Dogecoin community excitement. Musk’s posts often drive DOGE volatility, despite his commitment to avoid crypto promotion. Dogecoin (DOGE) has surged nearly 6%, fueled by a recent post from X…
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In Brief Dogecoin’s price has been observed to decline for the past few days, falling below $0.15. Whale addresses have over 900 million DOGE worth $129 million in the past week. The MVRV ratio is also in the opportunity zone, synonymous with recoveries. Dogecoin (DOGE) is looking to recover some of the losses the investors…
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In Brief Dogecoin’s price is currently trading between the 4H Tenkan-sen and the 100 EMA, with key resistance at the daily Ichimoku cloud. The $20 billion market cap is a critical psychological support level; falling below it could trigger a bearish trend. A bullish reversal may occur if Dogecoin’s market cap rises above $25 billion…
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In Brief Dogecoin’s price is attempting to close above $0.16, which is key in initiating a recovery rally to $0.20. The Open Interest has seen a nearly $200 million increase in 48 hours, with traders pining for a price rise. The meme coin is far from noting a market top since less than 84% of…
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