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Dogecoin in Trouble: Why Whales Are Selling and ETFs Are Flopping

Remember what occurred a 12 months in the past? Trump had gained the US elections, the cryptocurrency market was booming, and meme cash had been popping left and proper, charting contemporary peaks. Although DOGE didn’t match its 2021 run, it nonetheless challenged the $0.50 stage in anticipation of the brand new authorities division with the identical acronym run by Musk.

Fast-forward to late 2025, and the panorama is totally completely different. The OG meme coin has fallen into obscurity, with its worth barely hanging above $0.12. It’s down 7% weekly and 20% month-to-month. What’s maybe much more worrisome is the latest habits of Dogecoin whales.

According to knowledge shared by Ali Martinez, these market individuals have gone on a considerable promoting spree in the previous a number of days, disposing of 150 million cash.

The largest meme coin additionally joined the likes of Bitcoin, Ethereum, XRP, and SOL a month in the past when it had a few exchange-traded funds monitoring its efficiency go reside on Wall Street. The merchandise, launched by Grayscale and Bitwise, are known as GDOG and BWOW.

While this would possibly sound like a step in the fitting course, particularly in phrases of legitimacy, the precise numbers are disappointing, to say the least.

Data from SoSoValue exhibits that there was solely minor exercise for the previous month. The complete web inflows stand at simply over $2 million, which is nothing in comparability to the $1.1 billion the XRP funds have attracted in the same interval. Moreover, no precise exercise has been recorded since December 10.

This solely goes to show that meme cash are hyped virtually completely by retail, and when there’s no Elon Musk (or somebody with related stature) to advertise them, they could be forgotten, at the very least for the second. However, such destructive durations have been seen in the previous, however DOGE has all the time discovered a option to make its approach again into individuals’s hearts.

The submit Dogecoin in Trouble: Why Whales Are Selling and ETFs Are Flopping appeared first on CryptoPotato.

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