Despite recent sideways price movement, Dogecoin (DOGE) is seeing significant behind-the-scenes activity, including a major whale accumulation and the launch of the first U.S. Dogecoin ETF.
On-chain data shows that whales have bought over 158 million DOGE in just a few days, signaling strong conviction despite a recent price dip. This institutional interest is further highlighted by Thumzup Media Corporation, which publicly announced a $2 million DOGE purchase and plans to expand its crypto mining operations.
A major milestone for the meme coin was reached with the launch of the REX-Osprey Dogecoin ETF ($DOJE), which saw $17 million in first-day trading volume. This SEC-approved product makes it easier for institutional investors to gain exposure to DOGE, bringing the asset into the mainstream financial market.
Technically, DOGE is trading around $0.275 with healthy momentum. Analysts suggest that a break above the $0.29 resistance level could lead to a significant price rally, potentially pushing the price toward $0.36 and even $0.45. However, a drop below the $0.26 support level could risk a bearish correction.
September 2025, Cryptoniteuae
