DOGE Price Slides 3.46% Amid Spot ETF Approval and Surging $1.74B Trading Volume

Dogecoin (DOGEUSDT) experienced a 3.46% price decline over the last 24 hours, currently trading at $0.14351 according to Binance. This recent movement appears primarily driven by profit-taking following a period of bullish momentum sparked by significant news, including SEC and Nasdaq approval for 21Shares to launch a spot Dogecoin ETF and continued institutional interest. While ETF developments and regulatory discussions have contributed to positive sentiment and elevated trading volumes—Binance reporting notable activity—short-term volatility remains as the price retreated from recent highs and failed to sustain upward pressure. Dogecoin maintains active trading with a 24-hour volume of over $1.74 billion, a market capitalization near $24.8 billion, and continued dominance among meme-inspired digital assets.