Dogecoin Price Stuck Below $0.09657 Amid Positive Market Trends
The Dogecoin price has been stuck below $0.09657, despite some positive trends in the market. Spot ETF inflows are picking up, and large wallets are reportedly buying, which is helping to boost the price. However, Dogecoin is still trading about 87% below its 2021 all-time high.
The current price of Dogecoin is $0.09561, up 2.4% in the past 24 hours. The 24-hour trading volume is $1.037 billion, which is roughly 7% of the market cap. This level of turnover is considered active for a coin of this size.
Perpetual futures open interest is $2.222 billion, which means that leveraged positions can amplify a move in either direction. The three spot Dogecoin ETFs are heading for their second-best month on record, with net inflows reaching $3.71 million in September.