Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Here’s why Dogecoin’s price needs a clean break above $0.10 right now

Here’s why Dogecoin’s price needs a clean break above $0.10 right now

AMBCryptoAMBCrypto2026/10/05 18:18

Dogecoin [DOGE] is a joke that keeps paying out.

Its recent rise isn’t down to one tweet or one lucky day though. In fact, a few things have lined up at once lately.

All green on the ETF front!

In the last three weeks, Dogecoin ETFs have seen about $3.5 million.

@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1774359638628-7_123456"] { min-height: 50px; transition: min-height 0.3s ease; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1774359638628-7_123456"] { min-height: 90px; } }
AD

The first of those weeks (ending 18th September) brought in about $284,500. The week after that, inflows skyrocketed to $2.8 million!

The latest week had about $327,360 in inflows.

In all honesty, this isn’t huge by Bitcoin ETF standards. However, if you put it into context, things would make sense. DOGE ETFs held at only around $12 million in assets in mid-September. That number, at press time, was at $16.2 million!

For a memecoin-based product like a DOGE ETF, three steady weeks might constitute a definite change in mood. That’s not all though.

AMBCrypto previously reported that the DogeOS public testnet went live for developers on 30th September. Thanks to the same, payments, trading, lending, and games that run on DOGE can be tested now!

However, there’s a catch.

Fees on the testnet are paid in test DOGE, which is free from a faucet and worth absolutely nothing. And DogeOS isn’t an upgrade to Dogecoin itself; rather, a separate layer built around it.

So, it could give DOGE more to do… someday.

What about the price charts though?

Dogecoin’s price analysis

At press time, DOGE was trading at $0.0946. While it recorded only a slight dip on the day, we’re still nearly 20% above mid-September lows near $0.079.

Most of that move came in one go. DOGE went up above $0.10 on the 21st, and briefly tagged $0.106. In the last two weeks, the token has shuttled between $0.091 and $0.099.

Indicators didn’t seem panicky though.

The RSI was above neutral as the OBV climbed to about 154.31 billion for most of late September. This has held on, indicating that buyers who came in during the rally may be here to stay!

What does all this mean? Well, its means the ETF money is real, DogeOS is a maybe, and the chart may be catching its breath a bit. A clean breach of $0.10 is what would give this run some steam.

Final Summary

  • DOGE ETFs logged three straight weeks of inflows.
  • Dogecoin’s price appeared to be closing in on $0.095, nearly 20% above its September low. 

 

News Image 0News Image 1
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Allegion Buys Overly Door Company

05:37 PM EDT, 10/05/2026 (MT Newswires) -- Allegion (ALLE) said late Monday it has acquired privately held Overly Door Company, a manufacturer of custom specialty doors for acoustic, blast, bullet-resistant and vault security. Overly, based in Greensburg, Pennsylvania, will operate as part of the Allegion Americas segment, it said. Terms of the transaction weren't disclosed.

MT newswire•2026/10/05 21:37

Updated Version 3 - According to the Financial Times, McKesson and CD&R are close to reaching a deal worth more than $5 billion to acquire Option Care.

In the fifth paragraph, a quote from analyst Sahil Pandey was added. Reuters, October 5 - According to the Financial Times, citing informed sources, pharmaceutical distributor McKesson (MCK.N) and private equity firm Clayton Dubilier & Rice are about to reach an acquisition agreement to purchase infusion service provider Option Care Health, with the deal valued (including debt) at over 5 billions USD. After the report was published, Option Care's share price rose by 21% in after-hours trading. The report stated that the deal could be announced as early as Tuesday, but negotiations could still fall through. This potential acquisition would be McKesson’s latest move in expanding its healthcare services portfolio. In August this year, the company agreed to acquire Precision Medicine Group for about 2.25 billions USD (link), as part of its effort over the years to strengthen high-growth business sectors. Leerink Partners analyst Michael Cherny said the “strategic logic” of the deal makes sense, as it would expand McKesson’s business from physician offices to care settings in the home and alternative sites. Option Care provides infusion services that allow patients to receive intravenous treatments at home or other outpatient settings, eliminating the need to go to the hospital. McKesson has previously been restructuring its business portfolio by divesting non-core assets and investing in fields such as oncology and specialty care (link). Driven by the growth of its specialty distribution business and contributions from acquisitions, revenue for its oncology and multi-specialty business segment grew by 33% in the latest fiscal quarter. McKesson declined to comment, while CD&R and Option Care did not immediately respond to Reuters’ requests for comment regarding the report. (For non-English speakers' convenience, Reuters offers automated machine translations of its reports in several languages. As there may be mistakes in the automated translations or some context may not be included, Reuters does not guarantee the accuracy of the automated translation text, which is provided solely for readers’ convenience. Reuters bears no responsibility for any damages or losses caused by the use of automated translation functions.)

路透社•2026/10/05 21:18

Centalion acquires Hainesville natural gas assets from Silver Hill

Reuters, October 5 - Centalion Group announced on Monday that it has acquired upstream and midstream natural gas assets in the Haynesville region of Texas and Louisiana from Texas-based private shale company Silver Hill Energy Partners. The commodities trader, formerly known as Gunvor, rebranded as Centalion Group last week (link), and stated plans to relocate its corporate headquarters from Cyprus to Singapore. A spokesperson for Centalion Group said the Haynesville platform, composed of Post Oak and Silver Hill assets, has an enterprise value of approximately $2 billion. In August, Reuters cited sources stating that Centalion Group (link) was negotiating the acquisition of Silver Hill's assets, with a deal valued between $1.2 billion and $1.5 billion. The assets currently produce about 300 million cubic feet per day of natural gas (MMcfd), and the portfolio includes approximately 72,000 net acres in the Haynesville and Bossier development areas. "Our consideration was to establish operations in this basin, a hub for both domestic and export markets, in order to seize this option and create value from it," the spokesperson added. (To assist non-English speakers, Reuters offers automated translation of its reports into several other languages. Due to possible errors in automated translations or missing required context, Reuters does not guarantee the accuracy of automated translation texts, and provides them solely for readers' convenience. Reuters is not liable for any damages or losses resulting from the use of the automated translation feature.)

路透社•2026/10/05 20:41