Dogecoin Price Forecast: DOGE ETF Plummets 80% in a Single Night – Is Wall Street Losing Confidence?

On the second day, inflows for the new Greyscale spot DOGE ETF (GDOG) have decreased by over 80%, a decline that could hinder optimistic Dogecoin price forecasts.

The meme cryptocurrency nearly lost all of its initial day-one momentum in a single session, accumulating only $365,420 during Thursday’s trading after a robust $1.8 million launch.

U.S. Doge ETF Netflow. Source: SoSoValue.

For a launch anticipated to spark renewed interest, the slowdown occurred more quickly than expected. Wall Street seems to be taking a step back from the token.

However, the broader context may attribute this to poor timing. Grayscale’s spot SOL ETF GSOL has recorded its first day of net outflows since its inception, concluding a 22-day period of inflows.

U.S. Doge ETF Netflow. Source: SoSoValue.

Institutions appear to be scaling back their investments in the cryptocurrency market, not solely in Dogecoin. This may indicate a move to reduce risk ahead of the U.S. Fed balance sheet announcement today.

Fed balance sheet data will be released at 4:30 p.m. ET today.
IF BALANCE > $6.55T → BULLISH
IF BALANCE $6.52T–$6.55T → NEUTRAL
IF BALANCE < $6.52T → BEARISH
Hoping for our holdings to endure pic.twitter.com/pKHEGae8b8

— Money Ape (@TheMoneyApe) November 28, 2025

A positive outcome could reinforce expectations of an interest rate reduction in December, potentially boosting demand for riskier assets such as meme coins.

Dogecoin Price Prediction: Can DOGE Still Flip Bullish?

With markets viewing spot DOGE ETFs as a fleeting headline rather than a pivotal moment, the bullish configuration of a year-long descending triangle pattern remains uncertain.

Although the past week has witnessed a rebound from its lower support at $0.13, it has yet to be validated as a launchpad level amid mixed momentum indicators.

DOGE / USD 1-day chart, descending triangle. Source: TradingView.

While a golden cross on the MACD suggests a possible new uptrend, an RSI below the neutral 50 line indicates that sellers still dominate the shorter-term price movements.

Traditional finance did not provide the momentum needed to shift the balance.

While easing pressures favor a move to retest the $0.20 resistance, the lack of a catalyst keeps lower lows at $0.08 in consideration.

If a stronger position is established above $0.20, a breakout could be forthcoming.

A clear triangle breakout sets up a projected move of approximately 220% to previous highs around $0.50, with a fully realized target of $1 for a potential 530% gain.

However, this target likely depends on increased participation from traditional finance markets and potential inclusion on mainstream balance sheets.

Pepe Node: Don’t Worry About Buying The Dip

Apprehension among traditional finance markets highlights one fact: under current market conditions, finding a favorable entry point can be difficult, particularly for more volatile tokens like DOGE.

PepeNode ($PEPENODE) offers a low-risk method to capitalize on upside potential without the need to time the market, a common pitfall for many meme coin investors.

It operates as a straightforward mine-to-earn (M2E) game. No hardware is required.

Simply log in, acquire virtual nodes, stack rigs, and configure your setup to begin earning passive rewards that diversify across top-performing meme coins.

This approach is already gaining popularity. The presale has surpassed $2.2 million, while early stakers can still earn up to 583% APY.

Additionally, due to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.

PepeNode distinguishes itself as a more intelligent way to capture some of the market’s strongest upside—without the stress of timing the perfect entry.

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