Reviewed by Reviewed by Jibin Mathew George Updated 14:17 EDT October 5, 2026 Share Share Share Back to Top Dogecoin [DOGE] is a joke that keeps paying out
Its recent rise isn’t down to one tweet or one lucky day though. In fact, a few things have lined up at once lately
In the last three weeks, Dogecoin ETFs have seen about $3.5 million
The first of those weeks (ending 18th September) brought in about $284,500. The week after that, inflows skyrocketed to $2.8 million!
The latest week had about $327,360 in inflows
In all honesty, this isn’t huge by Bitcoin ETF standards. However, if you put it into context, things would make sense. DOGE ETFs held at only around $12 million in assets in mid-September. That number, at press time, was at $16.2 million!
For a memecoin-based product like a DOGE ETF, three steady weeks might constitute a definite change in mood. That’s not all though
AMBCrypto previously reported that the DogeOS public testnet went live for developers on 30th September. Thanks to the same, payments, trading, lending, and games that run on DOGE can be tested now!
Fees on the testnet are paid in test DOGE, which is free from a faucet and worth absolutely nothing. And DogeOS isn’t an upgrade to Dogecoin itself; rather, a separate layer built around it
So, it could give DOGE more to do… someday
At press time, DOGE was trading at $0.0946. While it recorded only a slight dip on the day, we’re still nearly 20% above mid-September lows near $0.079
Most of that move came in one go. DOGE went up above $0.10 on the 21st, and briefly tagged $0.106. In the last two weeks, the token has shuttled between $0.091 and $0.099
The RSI was above neutral as the OBV climbed to about 154.31 billion for most of late September. This has held on, indicating that buyers who came in during the rally may be here to stay!
What does all this mean? Well, its means the ETF money is real, DogeOS is a maybe, and the chart may be catching its breath a bit. A clean breach of $0.10 is what would give this run some steam
Samyukhtha L KM is a financial journalist and market analyst at AMBCrypto. She covers key market moves, blockchain adoption, and socially-driven crypto trends. She also enjoys providing fresh takes through commentaries on emerging narratives
