DOGE Price Drops 2.15% Amid Network Attack Concerns and SEC ETF Decision Delay

Dogecoin (DOGEUSDT) experienced a 2.15% price decline over the past 24 hours, with the current price at 0.21436 USDT on Binance. The drop is primarily attributed to increased bearish sentiment following reports of a potential network attack by the Qubic community, which recently targeted Monero, and ongoing macroeconomic concerns such as inflation and interest rate uncertainty. Additionally, derivatives data shows 55% of taker volume as shorts, indicating prevailing negative sentiment among traders. The U.S. SEC's postponement of its decision on spot Dogecoin ETF applications to October 19, 2025, has also contributed to market caution. Trading activity remains high, with robust volume and a market capitalization of approximately $32.21 billion, while technical indicators suggest continued volatility amid investor optimism.