Dogecoin’s price has taken a nosedive of 6%, trading at $0.1633 after Elon Musk reignited his moon mission promise on Twitter. His tweet, “It’s time,” sparked renewed excitement for DOGE and contributed to a 115% surge in trading volume to $3.5 billion. Musk has long championed Dogecoin’s potential as the currency of Mars. Meanwhile, Bitcoin-focused ETFs from Bitwise and Grayscale are moving forward despite waiting for SEC approval. This move highlights the growing demand for crypto investment avenues amidst regulatory uncertainty. A recent government shutdown has opened new opportunities for firms to launch ETFs without usual SEC delays. If successful, this could usher in a new era of digital asset investment in the U.S. Despite positive developments, Dogecoin is facing sustained bearish pressure, with the price breaking below key support levels. Analyst Ali Martinez reports that whales dumped over 1 billion DOGE tokens last week, fueling the downtrend. The market remains volatile, with investors watching for potential bounces and dips.