DOGE Dips 2.79% Amid X Payments Beta Launch and Franklin Templeton SEC Filing Impact

Dogecoin (DOGE) experienced a 2.79% price decline over the last 24 hours, with the current price at $0.16020 and a 24-hour open of $0.16479 (Binance data). The price movement is primarily attributed to profit-taking and market consolidation following a surge in interest driven by the inclusion of DOGE as a redemption option in Franklin Templeton’s X-Payments SEC filing and the launch of the X Payments Beta, which sparked increased speculation and trading activity. Despite heightened trading volumes (24h: $884M–$1.01B) and renewed attention from major news and social media, DOGE has underperformed the broader market in the past week, reflecting both the fading momentum after recent positive developments and broader market sentiment shifts. Whale accumulation and technical signals suggest ongoing trader interest, but near-term price action remains volatile as DOGE consolidates below key resistance levels.