Massive Dogecoin Upside? Analyst Eye 111% DOGE Breakout Despite Heavy Selling
September 18, 2025 · 10:00 PM
Dogecoin (DOGE) has experienced a 13% increase this week, reaching $0.282, despite significant selling pressure with over $1.63 billion worth of DOGE moved to exchanges in September. This trend indicates profit-taking among investors. Long-term holders are also shifting assets, raising concerns about potential downside risks. However, optimism surrounding a possible spot Dogecoin ETF launch is driving the bullish rally, attracting institutional interest.
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