Dogecoin Price Consolidates as Whale Activity and ETF Hopes Drive Market Uncertainty

Dogecoin’s price has stabilized amidst a period of low market activity, with whale inactivity and declining derivatives volume signaling reduced momentum. However, potential approval for a DOGE exchange-traded fund (ETF) has injected optimism, with some predicting a short-term rally of 20% to 50%. The digital currency’s price currently hovers around $0.2159, showing modest daily gains of 0.6%, despite a 2.4% decline over the past week. ]