Dogecoin ended its five-day winning streak, declining 2.11% to $0.0986, with on-chain data showing net inflows of negative $7.66 million. However, the decline in spot outflows suggests holders may be transferring tokens off exchanges, leading to tightening supply. This "meme coin" faces resistance near $0.103, and if it can effectively break through the resistance level, it could potentially move down to $0.12. Additionally, asset management firm T. Rowe Price has submitted an application to include Dogecoin in its planned active cryptocurrency ETF.

DOGE-1.53%
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