Markets· ★★· bearish·

DOGE at $0.0859 as Bitwise Shuts Down Its Dogecoin ETF

  • —DOGE at $0.0859, below SMA-7, SMA-30 and SMA-200
  • —Volume of $418.5 million, 63.76% below the 30-day average
  • —Bitwise to close its Dogecoin ETF after failing to attract buyers
  • —$7.82 million in DOGE futures liquidated in 24 hours, mostly longs
Why it matters: The ETF shutdown weakens the institutional-demand case for DOGE, while thin volume raises the risk of sharp price swings.
#DOGE
Source: DiarioBitcoin
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