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DOGE (Dogecoin) fell 4.20% in the last 24 hours.

Gate News Bot reported that on November 18, according to CoinMarketCap, as of the time of writing, DOGE (Dogecoin) is currently priced at $0.15, having fallen by 4.20% in the last 24 hours, with a high of $0.18 and a low of $0.15. The 24-hour volume reached $2.864 billion. The current market capitalization is approximately $23.192 billion, a decrease of about $1.016 billion compared to yesterday. DOGE currently ranks 9th in the Crypto Assets market capitalization leaderboard.

Important recent news about DOGE:

1️⃣ Grayscale may launch the first DOGE ETF According to Bloomberg ETF analyst Eric Balchunas, Grayscale may launch its first DOGE ETF on November 24. Although final confirmation still requires an official notice from the exchange, this progress seems quite optimistic based on SEC guidance. The potential launch of the DOGE ETF could attract more institutional investors to DOGE, likely enhancing its market liquidity and long-term value.

2️⃣ DOGE treasury company's stock price hits a new low The stock price of DOGE treasury company CleanCore has fallen to $0.43, setting a new low since 2025. The company currently holds 710 million DOGE, worth approximately $123 million, a decline of over $30 million compared to last month. Nevertheless, CleanCore has completed a $175 million private placement financing to develop an official DOGE treasury strategy in collaboration with House of Doge, demonstrating that institutional investors still maintain confidence in the DOGE ecosystem.

3️⃣ Large DOGE Transfers Attract Market Attention Recently, 32.7139 million DOGE (worth about 5.7477 million USD) have been observed transferring between anonymous addresses. This large transfer may indicate potential trading activity or changes in investor behavior in the market, which could impact the price of DOGE in the short term.

From a technical perspective, the price of DOGE has experienced a significant fall within 24 hours, possibly influenced by short-term profit-taking and fluctuations in market sentiment. However, on the fundamental side, the potential launch of an ETF and the continued investment by institutional investors in the DOGE ecosystem indicate that the market still maintains a certain level of attention towards DOGE. Large transfer activities also reflect the market's activity. Investors need to closely monitor the overall trends of the global crypto assets market and the unique development of the DOGE ecosystem.

This message does not constitute investment advice, and investors should be aware of market volatility risks.

DOGE1.22%
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