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Dogecoin price dips amid market pullback despite efforts to expand its use in payments and DeFi.

Market News
22 Oct 2026
Coingape
View Source
Neutral
Dogecoin price dips amid market pullback despite efforts to expand its use in payments and DeFi.

Dogecoin's price fell by 3.33% to $0.079, reflecting a broader crypto market decline influenced by geopolitical tensions. Dogecoin Labs is working to increase the coin's utility by uniting key projects under one platform to boost payments, DeFi, and gaming applications. However, institutional interest remains weak, with significant ETF outflows and bearish market sentiment. Analysts note a critical support level at $0.079, with potential for recovery if this holds, but caution that current market conditions lack the retail enthusiasm seen in 2021.

Dogecoin trades at Rp1.429 on Pluang as of Oct 22, 2026 19:19 WIB, down 2.99% in the last day. Market cap stands at Rp224,09T with a 24-hour volume of Rp13,37T. Pluang users show balanced interest, with 53% buying and 47% selling, holding their DOGE for about 110 days on average.

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