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Dogecoin dips 5.5% after record ETF inflows highlight supply-demand challenges.

Market News
28 Sep 2026
Coinpaper
View Source
Neutral
Dogecoin dips 5.5% after record ETF inflows highlight supply-demand challenges.

Dogecoin's price fell about 5.5% to $0.0926 after briefly reaching $0.0988, despite U.S. Dogecoin ETFs seeing record inflows of $2.89 million in a week. However, new Dogecoin supply grows rapidly, with miners creating about 100.8 million DOGE weekly, worth $9.3 million, outpacing ETF demand. While ETFs and large holders support price near $0.10, the token must prove it can sustain this level amid ongoing supply increases. The key question remains whether demand from ETFs, whales, and the market can absorb the constant new DOGE issuance to push prices higher.

As of Sep 28, 2026 15:13 WIB, Dogecoin trades at Rp1.673 on Pluang, down 4.62% in the past day. The market shows a strong selling bias with 64% of orders to sell and only 36% to buy, while the typical hold time for DOGE investors on Pluang is 109 days. Despite the recent price dip noted in the article, DOGE maintains a substantial market cap of Rp260.17 trillion and a 24-hour trading volume of Rp22.7 trillion, highlighting ongoing active interest in the token.

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Dogecoin holds above $0.0985 with strong whale buying and eyes $0.10 resistance breakthrough.

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