ETF Frenzy Meets Retail Skepticism as Dogecoin Hits Pivotal Resistance
As of mid-2025, Dogecoin is approaching a pivotal resistance level around $0.17, which has historically acted as a barrier.
The recent approval and trading of spot Dogecoin ETFs have brought institutional investors into the market, with net inflows recorded as of late June 2025.
However, on-chain data paints a contrasting picture, showing decreased large transactions and whale activity over the past month, as well as plateaued active addresses.