DOGE Price Stuck Below $0.10 as Bitwise ETF Exit Looms

Dogecoin traded at $0.093269 on October 4, leaving it close to a cluster of moving-average support but still below the first meaningful upside hurdle.

The token had rebounded sharply on September 21 before being rejected around $0.10, and its October 2 range ran from roughly $0.0903 to $0.0980.

The immediate news backdrop is less helpful, as Bitwise announced on September 10 that it would liquidate the Bitwise Dogecoin ETF, BWOW, with the fund's expected final trading day on October 14 and distributions to remaining shareholders expected around October 22.

The planned closure is a sentiment overhang, even though the fund had only about $688,000 in net assets as of September 9, limiting the likely scale of any direct DOGE-market flow.