DOGE ETF Hype Fades: Dogecoin Slumps to New Lows

Dogecoin (DOGE) experienced a steep decline this week, dropping to yearly lows of $0.13 after failing to capitalize on the recent surge sparked by exchange-traded products (ETFs) listings from Grayscale and Bitwise in late November. 21Shares’ updated spot Dogecoin ETF filing seeking regulatory approval for its fourth fund further did not yield a significant price boost. Despite some initial optimism, DOGE has seen substantial losses this week, even as the ETF filing continues to generate buzz.