Dogecoin Prices Remain Flat as 21Shares Launches First DOGE ETP in Europe
21Shares has listed a Dogecoin ETP (exchange-traded product) on the SIX Swiss Exchange under the “DOGE” ticker.
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21Shares has listed a Dogecoin ETP (exchange-traded product) on the SIX Swiss Exchange under the “DOGE” ticker.
Asset manager 21Shares is gearing up to launch the first Dogecoin ETP via a groundbreaking partnership with the House of Doge. Today, 21Shares announced via a press release that the DOGE ETP, backed by the Dogecoin Foundation, will be listed on SIX Swiss Exchange.
The investment vehicle will be the first and only Dogecoin ETP endorsed by the Dogecoin Foundation.
The ETP will be fully backed by Dogecoin.
As the Western financial markets radially opened on Wednesday, April 9, the overall crypto volatility has continued to surge in tandem with the global stock markets. The cryptocurrency market has not been spared in the ongoing bearish sentiment, despite not being directly included in the ongoing tariffs trade wars.
Dogecoin whales have sparked market concerns amid the ongoing topsy-turvy scenario recorded in the broader crypto market. The recent heavy dump by the large investors or whales has also weighed on the DOGE price, as evidenced by the recent plunge of around 4%.
Dogecoin has fallen 20% to $0.14, with analysts identifying $0.13 as key support while mathematically debunking unrealistic $100 price targets.
21Shares has teamed up with the House of Doge to launch the first Dogecoin ETP, backed by the Dogecoin Foundation, on SIX Swiss Exchange.
Despite recent market volatility, Dogecoin (DOGE) shows resilience, with 50.8% of its supply still in profit, according to Glassnode. The supply in profit metric tracks coins whose current price exceeds their last moved price, offering insights into investor sentiment and potential market behavior.
Cryptocurrency analyst and trader Ali Martinez, known on the X social media platform as @ali_charts, has published recently accumulated analytics data about the recent activities of Dogecoin large holders known within the community as “whales.”
On-chain data shows Dogecoin has seen almost a majority of its supply dip into loss. Here's how other top coins like Bitcoin and XRP compare.
Amid the ongoing slump, an influential cryptocurrency analyst identified a crucial support level for Dogecoin (CRYPTO: DOGE) on Tuesday that investors should closely monitor. What Happened: Ali Martinez, known for identifying chart patterns and issuing price predictions, shared insights on the Dogecoin's price action in an X post.
Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1550.
After the recent crypto market crash, uncertainty looms over the top 10 cryptos. With Dogecoin (DOGE) and Cardano (ADA) already flipped in rankings, could Solana (SOL) be next?
Dogecoin price plunged below the $0.14 mark on Tuesday, April 8, posting 20% losses on the weekly timeframe. Bull traders continue to express optimism that the next rebound phase could drive DOGE to new all time highs.
Crypto analyst BitGuru has revealed that the Dogecoin price just swept a key support level following the Black Monday crash. Based on this, the analyst predicted what could happen next and mentioned why the foremost meme coin could retest $0.2 again.
Dogecoin is now grappling with a slowdown in momentum that has left many investors wondering if its best days are behind it. After tumbling to the $0.1293 mark, DOGE managed to pull off a notable rebound, suggesting that the bulls aren't ready to throw in the towel just yet.
Dogecoin (DOGE -4.04%) is heading lower again in Tuesday's trading. The cryptocurrency's token price was down 4% as of 5:30 p.m.
Cryptocurrency markets are down on Tuesday, amid the White House announcing a 104% tariff on Chinese goods, further intensifying fears of a global trade war. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $76,817.60 -2.1% Ethereum (CRYPTO: ETH) $1,465.08 -5.6% Solana (CRYPTO: SOL) $105.02 -0.9% XRP (CRYPTO: XRP) $1.83 -3.3% Dogecoin (CRYPTO: DOGE) $0.1441 -2% Shiba Inu (CRYPTO: SHIB) $0.00001073 -5.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 75.8% and daily active addresses growing by 16.2%.
Dogecoin (CRYPTO: DOGE) has dropped 17% in the past seven days, sparking debate among analysts on whether more downside is ahead. What Happened: Crypto chart flagged a potential move to $0.060, noting that Dogecoin has broken down from an ascending parallel channel—a bearish technical signal that could open the door to further losses.
While most of the crypto market bleeds, Fartcoin (CRYPTO: FARTCOIN) is defying gravity. For the second straight day, it has posted strong double-digit gains, fueled by an unexpected surge in smart money interest and whale accumulation.
Dogecoin (DOGE) founder Billy Markus, known as Shibetoshi Nakamoto on X, has commented on the current state of the crypto market. On Tuesday, the broader crypto market turned green, with total market capitalization reaching $2.52 trillion.
According to Glassnode, despite recent drawdowns, some assets retain the majority of their supply in profit. In a tweet, the on-chain analytics platform highlighted crypto assets with a high supply in profit and those at the low end.
Is meme-based infrastructure about to die?