Dogecoin staged sharp price swings during the September 5–6 trading window, rising nearly 1% as volume jumped 29% above weekly averages. A midday selloff to $0.213 was quickly absorbed by buyers, underscoring institutional support and ETF-driven speculation. Traders now view $0.22 as the key breakout threshold that could define near-term momentum.

News Background

• Dogecoin reached a local high of $0.2157, its strongest level in weeks, with trading volume 29.19% above weekly benchmarks. • Reports surfaced of a $200 million Dogecoin treasury initiative, led by Elon Musk’s legal counsel, boosting institutional credibility. • REX Shares and Osprey Funds reportedly filed the first U.S. Dogecoin ETF applications, with decisions expected in October. • Futures activity surged 119% in August, re

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