Dogecoin Price Drops Even As America’s First ‘DOJE’ ETF Debuts: What You Should Know
Posted On September 19, 2025
Dogecoin (CRYPTO: DOGE) was trading in the red late Thursday, as the launch of the memecoin’s first-ever exchange-traded fund failed to cheer investors.
DOGE Draws Lukewarm Interest
The dog-themed cryptocurrency fell over 2% in the last 24 hours, while trading volume dipped by over 23%. In fact, DOGE performed the worst among the top 10 cryptocurrencies by market capitalization.
Open interest in DOGE derivatives rose by only 0.88% in the last 24 hours, according to Coinglass, suggesting muffled speculative interest.
That said, over 80% of the top trader accounts on Binance, i.e, the top 20% users with the highest margin balance, were betting on the coin’s price increase.
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