DOGE Price Dips 2.15% Amid Market Weakness Despite X Payments Beta and ETF News

Dogecoin (DOGE) is currently trading at $0.16185 on Binance, reflecting a 2.15% decline over the past 24 hours. The recent price drop is primarily attributed to broader market weakness and DOGE’s increasing correlation with Bitcoin’s movements, rather than individual influencer commentary. While the launch of the X Payments beta and news of Bitwise amending its spot DOGE ETF filing provided brief upward momentum, these developments were not sufficient to offset the prevailing bearish sentiment in the overall crypto market. Dogecoin remains a leading meme coin by market capitalization, with a circulating supply of approximately 149.85 billion DOGE and a 24-hour trading volume ranging from $640 million to $2.03 billion. Despite the recent decline, DOGE continues to see high user engagement and significant trading activity.