Sep 16, 2025
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– Dogecoin price rises 1% as ETF verdict nears – Elon Musk’s Tesla focus impacts Dogecoin market sentiment – Dogecoin futures trading volume drops 26.39% to $9.41 billion – Open interest in Dogecoin falls 3.85% to $5.35 billion – Snorter Bot presale raises $3.9 million ahead of target
Dogecoin (#DOGE) price increased by 1%, holding the $0.26 support level, amid optimism ahead of potential ETF approval.
- Bulls defended the $0.26 mark after recent peaks near $0.29 due to ETF speculation.
- Elon Musk's focus on Tesla and concerns about Fed rate decisions have created short-term bearish sentiment.
- Dogecoin futures trading volume decreased by 26.39% to $9.41 billion; open interest fell by 3.85% to $5.35 billion.
- This indicates traders are reducing leverage exposure amid Musk's pivot towards Tesla.
Dogecoin Price Forecast
- The price is holding at $0.26, with a potential drop to $0.21 if it fails to maintain this level.
- MACD indicators suggest waning bullish momentum; reclaiming $0.28 resistance is crucial.
- Successful ETF approval could drive DOGE to $0.32, but failure might see consolidation between $0.21 and $0.24.
Snorter Presale Nears $4M
- Snorter Bot, a Solana-based project, is gaining attention as Dogecoin traders look for alternatives.
- The SNORT token presale raised $3.9 million out of a $4.4 million target.
