Crypto
Dogecoin Extends Recovery as Institutional Demand Returns
Dogecoin (DOGE) continues its upward trend, reaching $0.088 on Monday after gaining nearly 6% last week.
The recovery is supported by a return of institutional demand through DOGE spot Exchange Traded Funds (ETFs), with inflows totaling $284,510 last week.
Santiment's Supply Distribution data shows whales buying DOGE tokens, indicating a positive outlook for the token.
CryptoQuant's summary data shows mildly cautious signs, with futures markets showing large whale orders and sell-side dominance in spot markets.