Dogecoin Rises 3% Today — Could ETF Launch Be the Spark for a Bigger Rally?

Jakarta, Pintu News – Dogecoin (DOGE) token has declined for four consecutive weeks and is now at its lowest level since April this year. The Dogecoin price has plummeted more than 70% compared to its peak last December.

This week, the DOGE price is expected to be in the spotlight as the market welcomes the launch of two Dogecoin ETFs. Grayscale is scheduled to launch the GDOG ETF on Monday, while other companies such as 21Shares are also planning to launch similar ETFs in the coming weeks.

So, how is the Dogecoin price moving today?

Dogecoin Price Rises 3.61% in 24 Hours

On November 24, 2025, Dogecoin saw a 3.61% price increase over the past 24 hours, reaching $0.1477 — equivalent to approximately IDR 2,469. During that period, DOGE traded within a range of IDR 2,382 to IDR 2,498.

At the time of writing, Dogecoin’s market capitalization is estimated at around IDR 377.01 trillion, with a 24-hour trading volume of approximately IDR 24.55 trillion.

Read also: Ethereum Stalls at $2,800 Today — Is a Move Back to $3,000 Still Possible?

Dogecoin ETF Launch

The launch of Grayscale’s Dogecoin ETF is significant because it will give institutional and retail investors in the United States the opportunity to allocate their funds to the biggest meme coin in the crypto market.

However, there are indications that these ETF launches will not attract significant inflows. An example is the REX-Osprey DOGE ETF launched in September under the Investment Company Act of 1940. So far, interest in the fund has been minimal, with total assets of only $24 million.

Dogecoin’s performance is expected to mimic that of Litecoin (LTC), a similar proof-of-work based token. Data shows that the Canary Litecoin ETF was only able to attract $7 million in funding. DOGE itself has lacked significant positive catalysts in recent months, which is one of the reasons for its continued decline.

Open interest for Dogecoin futures also fell to around $1.1 billion – the lowest level since November last year, and well below this year’s peak of $6 billion.

Technical Analysis of Dogecoin (DOGE) Price

The weekly chart shows that the Dogecoin price has experienced a sharp decline over the past few months. DOGE has slumped from its high of $0.3075 in September to its current price of around $0.1423.

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The current price level is quite crucial because since March 10 this year, DOGE prices have failed to break below this level several times. In addition, this position also coincides with the 78.2% Fibonacci retracement level.

There are indications that DOGE has formed a triple bottom pattern, a reversal pattern that is quite popular in technical analysis. The neckline of this pattern is around $0.3075.

However, if the price of DOGE breaks below the triple bottom point, this could signal a further decline. The next downside target would likely be to the psychological area of $0.10 – about 30% lower than the current price.

FAQ

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a cryptocurrency that was originally created as a joke but has evolved into a digital currency with wide usage.

When will the GDOG ETF by Grayscale be launched?

The GDOG ETF by Grayscale is scheduled to launch on Monday, with no specific date mentioned in the article.

How much has the Dogecoin price fallen from its peak in December?

Dogecoin’s price has plummeted more than 70% from its peak in December.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto News. Will the Dogecoin Price Rebound Ahead of the GDOGE ETF Launch. Accessed on November 24, 2025