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Investors Pile Into DOJE as DOGE-USD Sinks, Betting the Meme Coin Pain Has Gone Too Far

Investors Pile Into DOJE as DOGE-USD Sinks, Betting the Meme Coin Pain Has Gone Too Far

DOGE ETF pulls in new cash as price slumps: is contrarian money circling?

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The REX-Osprey DOGE ETF, DOJE, attracted fresh inflows of $1,178,888 on February 23, 2026, even as its underlying token trades deep in the red. The move is significant for the fund’s scale, lifting assets under management to $15,832,568 and meaning roughly 7.45% of its AUM shifted in a single day.

The related asset, DOGE-USD, is currently trading at $0.08953 after a bruising three-month slide of about 38.41%. Short-term traders remain cautious, with the one-day technical signal flashing Strong Sell, underscoring the tension between pessimistic charts and opportunistic ETF inflows.

The sharp divergence between recent price action and investor flows suggests some buyers see value in using the ETF wrapper to accumulate exposure at depressed levels. Others may simply be betting on a rebound in broader risk sentiment, with DOJE serving as a liquid vehicle for speculative positioning around meme-coin volatility.

Whether these inflows mark the start of a longer accumulation phase or a short-lived punt will depend on DOGE’s ability to stabilize after its drawdown and shake off persistent sell signals. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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