🐕🚀 #Dogecoin ETF Hype: Whales on the Move!
TL;DR
1️⃣ ETF Anticipation – First US Dogecoin ETF set to launch this Thursday, fueling institutional buying.
2️⃣ Whale Activity – Over 175M DOGE scooped up in 24h, whale holdings hit a 4-year high.
3️⃣ Technical Signals – Bullish EMAs + positive MACD crossover, though RSI & Bollinger Bands warn of overbought conditions.
---
✅ Positives
ETF Launch: Huge buzz as the first US Dogecoin ETF goes live this week, already pushing DOGE up +5.06%.
Institutional Accumulation: CleanCore Solutions plans a 1B DOGE purchase (starting with 285M), becoming the biggest institutional holder.
Whale Power: Whales bought another 175M DOGE ($44M) in 24h — holdings now at 10.91B DOGE.
---
⚠️ Risks
Overbought Signals: RSI shows DOGE is overheated (RSI6: 83.28, RSI12: 71.74).
Volatility Spike: $32.8M outflow + high trading volume → possible sharp swings.
Regulatory Uncertainty: SEC delayed other DOGE ETF decisions till Nov 2025.
---
📊 Community Sentiment
Bullish Dominance: Traders & fans are hyped for the ETF launch, expecting more adoption & price surges.#DOGE $DOGE