Dogecoin is currently consolidating near $0.35, maintaining position above key support levels while facing resistance at $0.3550, as market participants await clear directional signals amid decreasing trading volume.

Dogecoin (DOGE) has shown remarkable resilience, bouncing back from short-term losses with a strong performance over the past month.

This story has been updated with a response from a Bitwise spokesperson. Cryptocurrency index fund manager Bitwise Asset Management filed for a Dogecoin (CRYPTO: DOGE) exchange-traded fund on Wednesday,

The cryptocurrency Dogecoin ( DOGE -2.23%) saw its value sink this week. The meme coin is trading 15.5% lower as of 4:40 p.m. ET on Jan. 23 but was down as much as 17.5% earlier in the week. The slump comes as the S&P 500 gained 2% and the Nasdaq 100 gained 2.1% on the week.

Dogecoin (CRYPTO: DOGE) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. The popular meme coin's token price was up 3% over the past 24 hours as of 11:40 a.m.

Dogecoin posted gains Tuesday thanks to its token logo being included on the website for the waste-cutting initiative Donald Trump calls the Department of Government Efficiency (DOGE), but it's losing ground today amid catalysts that are causing investors to become more cautious about some meme coins.

Meme coin ETFs pegged to Dogecoin or the newly-minted TRUMP could arrive as soon as April because of this SEC rule, say analysts.

Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.

Dogecoin has gained retail traction after the official website of the US Department of Government Efficiency launched.

Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

DTX Exchange steals the show outpacing Shiba Inu and Dogecoin in this bull run. DTX’s presale raise leaves DOGE and SHIB in the dirt with a massive $12.5 million.