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Dogecoin dips below $0.09 ahead of Bitwise BWOW ETF liquidation on Oct. 14

Market News
08 Oct 2026, 13:08 WIB
Tokenpost
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Bearish
Dogecoin dips below $0.09 ahead of Bitwise BWOW ETF liquidation on Oct. 14

Dogecoin (DOGE) traded below $0.09 on October 8, ahead of the Bitwise BWOW Dogecoin ETF's planned liquidation with a final trading day on October 14. The ETF's liquidation will convert its DOGE holdings to cash, but the impact on DOGE's price and liquidity remains unclear. Technical analysis shows resistance near $0.10 and support around $0.087 to $0.082. Meanwhile, DogeOS launched a public testnet to support applications using DOGE, though no mainnet date or immediate demand impact is expected. Cash distributions from the ETF are scheduled for October 22.

As of Oct 08, 2026 17:21 WIB, Dogecoin (DOGE) trades at Rp1.578 on Pluang, down 1.31% in the last day. The platform shows a market cap of Rp246,92T and a 24-hour trading volume of Rp20,45T. Pluang order activity indicates a 60% sell ratio, reflecting cautious sentiment as the Bitwise BWOW Dogecoin ETF approaches its final trading day on October 14.

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