Last Updated: September 28, 2026
As of September 28, Dogecoin is trading around $0.093, reflecting a 5.01% decrease over the past 24 hours, marking it as the second-largest dip among the top 15 cryptocurrencies, only behind Zcash. This downturn follows a week when US spot Dogecoin ETFs welcomed inflows of $2.89 million, their highest weekly influx since inception, while DOGE hovered just below the $0.10 mark.
Key Takeaways
According to CoinMarketCap, DOGE is currently priced at approximately $0.093, down 5.01% in 24 hours but up 1.15% over the last week. Investing.com reports that over the past month, DOGE fluctuated between about $0.078 and $0.106.
US spot Dogecoin ETFs recorded $2.89 million in inflows for the week ending September 25, as reported by SoSoValue. This figure surpasses the previous high of $2.59 million from the week ending January 2 and shows a significant increase from just $284,510 the week prior.
This interest in Dogecoin ETFs is highly concentrated. Grayscale’s GDOG accounted for all of Friday’s $806,060, managing about 81% of the sector’s total assets, valued at $13.87 million. Meanwhile, Bitwise plans to dissolve its BWOW fund, with final trades happening on October 14, leaving only two US-based spot Dogecoin ETFs.
Analyst Ali Charts highlighted that whale accounts acquired over 1.14 billion DOGE, approximately worth $112 million, within just 96 hours, significantly outpacing ETF inflows.
On September 24, DOGE experienced the largest losses, coinciding with the 10-year Treasury yield reaching its highest point since 2007, and witnessed another decline today as yields surpassed 5%.
Dogecoin Market Overview
| Metric | Value |
|---|---|
| Price (DOGE/USD) | $0.09304 |
| 24h Change | -5.01% |
| 7d Change | +1.15% |
| Market Cap | ~$14.52 billion |
| 24h Volume | ~$1.22 billion |
| Circulating Supply | 156.1 billion DOGE |
| One-Month Range | ~$0.078 to ~$0.106 |
Data sourced from CoinMarketCap, on the morning of September 28 (UTC). The one-month range is from Investing.com.
Dogecoin Price Analysis for Today
On September 27, DOGE was trading around $0.098, just shy of the significant $0.10 resistance level, but has since fallen back to $0.093. On-chain data indicates that approximately 28 billion DOGE previously exchanged hands near $0.098, designating this area as a notable supply zone. The next resistance level lies around $0.11, where about 4.98 billion DOGE were purchased.
While the ETF news is noteworthy, it constitutes a minor part of the market dynamics. These funds currently represent just 0.11% of Dogecoin’s total market value, whereas US spot Bitcoin ETFs attracted $2.39 billion during the same week, vastly exceeding Dogecoin totals by more than 800 times. The whale purchases of around $112 million over four days, as tracked by Ali Charts, signify a stronger demand source compared to ETF inflows, although wallet movements do not clarify if these coins were newly bought or merely shifted between addresses.
Reasons Behind Today’s Drop in Dogecoin
The decline in Dogecoin can be attributed to the broader market trends. Bitcoin saw a 2.15% drop, the 10-year Treasury yield increased above 5%, and former President Trump dismissed Iran’s proposal to reopen the Strait of Hormuz for seven days. BeInCrypto reported a liquidations total of about $209 million in long positions over 24 hours.
Typically, DOGE reacts more dramatically than larger cryptocurrencies during market downturns. Following an 8% drop on September 24, when yields reached their peak since 2007, today’s 5.01% decline again surpasses losses seen in Bitcoin and Ethereum. For a comprehensive view of the market, refer to crypto market today, and for the latest headlines, visit crypto news today.
Implications for the Upcoming Days
The release of August PCE inflation data this week is likely to influence anticipated rate hikes, which BeInCrypto estimates at 68% for October. Also, September 30 marks the end of the third quarter, coinciding with the timeline set by the House of Doge for the full launch of ÐOGE Pay, following their announcement of a partnership with MoonPay on June 9. On October 14, Bitwise’s BWOW will close, leaving Grayscale’s GDOG and 21Shares’ TDOG as the remaining two US spot Dogecoin ETFs.
From a technical standpoint, DOGE must maintain above $0.090 to curb today’s losses, and a rebound above $0.098 would reinstate the $0.10 threshold as a target.
Check how other major cryptocurrencies are performing today on Bitcoin News Today, Ethereum News Today, XRP News Today, and Hedera (HBAR) News Today.
Key Support and Resistance Levels
| Level Type | Price |
|---|---|
| Key Resistance | ~$0.106 (one-month high) |
| Immediate Resistance | ~$0.098 |
| Current Price | ~$0.093 |
| Immediate Support | ~$0.090 |
| Key Support | ~$0.078 (one-month low) |
These levels are based on recent price action and are for illustrative purposes only, not guaranteed.
Comparing Current Cryptocurrency Prices
How to Purchase Dogecoin
Dogecoin is available for trading on prominent exchanges such as Binance, Coinbase, and Kraken, as well as through US-based spot ETFs like Grayscale (GDOG) and 21Shares (TDOG) through brokerage platforms. Always confirm the credibility of the exchange and its availability in your region prior to making any deposits. For additional platforms that support cryptocurrency, refer to our crypto casinos guide.
This article is intended for informational purposes only and does not serve as financial advice. Cryptocurrency markets are subject to volatility; always conduct thorough research prior to making investments.
Frequently Asked Questions
What is the current price of Dogecoin?
As of September 28, 2026, Dogecoin is priced at approximately $0.093, down 5.01% over the last 24 hours and up 1.15% over the past week, according to CoinMarketCap. Its market capitalization stands at roughly $14.52 billion with around $1.22 billion in daily trading volume. Over the previous month, DOGE has fluctuated between $0.078 and $0.106, placing its current price in the middle of that range.
Why has Dogecoin decreased today?
The 5.01% fall in Dogecoin can be attributed to a wider market sell-off, with Bitcoin dropping 2.15% and the 10-year Treasury yield exceeding 5%, alongside the rejection of a seven-day proposal from Iran by former President Trump. In volatility episodes, DOGE tends to experience sharper declines than larger cryptocurrencies, as evidenced by its 8% drop on September 24 when yields peaked.
Are Dogecoin ETFs experiencing inflows?
Indeed, but the inflows are relatively modest. US spot Dogecoin ETFs garnered $2.89 million for the week ending September 25, setting a new record, with Grayscale’s GDOG managing about 81% of these assets. Bitwise plans to close its BWOW fund after October 14, resulting in only two remaining funds. Collectively, these ETFs cover just 0.11% of Dogecoin’s total market value, according to SoSoValue.
What critical price levels should traders watch for Dogecoin?
Traders are focusing on the $0.098 to $0.10 range as potential resistance, an area where approximately 28 billion DOGE previously traded, with the next resistance close to $0.11. On the support side, $0.090 is currently the primary level, while the one-month low hovers around $0.078. DOGE was trading at about $0.098 before today’s 5.01% drop.