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Dogecoin ETFs surge 215% as investors buy the $0.10 dip amid Musk's delayed X Money launch

Market News
19 May 2026
UToday
View Source
Bullish
pluang ai news

Dogecoin ETFs in the US saw a 215% increase in inflows, reaching $860,960, as institutional investors bought the dip near $0.10 despite Elon Musk's delayed rollout of the X Money payment system. This surge is driven by anticipation of Musk's platform integrating Dogecoin payments and a technical price support level at $0.10, seen as a strong buy signal. Investors are using ETFs to accumulate positions in Dogecoin, betting on a potential price rally once the payment system launches.

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