🐋 Large investors have sold nearly 1.32 billion DOGE, equivalent to over 190 million USD, in the past two days, putting downward pressure on Dogecoin. The price of DOGE has dropped to its lowest level since October 2024, currently trading around 0.14 USD, down 16% in the past week.

🏦 Although 21Shares has just launched an ETP Dogecoin product on the SIX Swiss exchange, the price of DOGE still shows no signs of recovery. This could cause retail investors to panic and sell off, further increasing downward pressure. Companies like Bitwise and Grayscale are considering launching a Dogecoin ETF to improve the situation.