Doge Funds Struggle for Buyers as DigiTap Ties Token Economy to Financial App Usage
Dogecoin's U.S. funds have struggled to attract buyers, recording zero net flows on 166 of their first 199 trading days.
The situation is highlighted by Bitwise closing its DOGE fund after less than a year in operation.
To reclaim the $0.10 level, which would represent an increase of around 20% from its current price of $0.083, Dogecoin needs to attract more buyers.
DigiTap is taking a different approach by linking its token economy to the usage and fee profits generated by its financial app.