Dogecoin Inflows Surge Despite Meme-Coin Slump

Dogecoin investors are showing renewed interest in the meme-coin, despite its recent slump. The Grayscale Dogecoin Trust ETF (GDOG) saw a significant influx of $654,500 on August 21, 2026, bringing the total assets under management to $9.11 million.

This represents a 7.2% shift in capital, indicating that sentiment around Dogecoin can change rapidly. The DOGE-USD price is currently trading at $0.08643, down about 12.1% over the past three months.

Despite this medium-term drawdown, short-term signals for Dogecoin traders are starting to brighten up. The one-day technical outlook screens as a Buy, suggesting that some investors may be trying to front-run a potential rebound via GDOG rather than holding the token outright.