Dogecoin spot netflow rises 116% as price closes July down 28.25%
Dogecoin spot netflow jumps 116% after intense $30.83 million in inflows. $DOGE closed July down 28.25%, extending its bearish streak for a second month. Analysts observe bearish sentiment as regulatory uncertainty clouds crypto’s outlook. Dogecoin has typically finished August in the red, except for rare upswings in 2021 and 2025.
Dogecoin spot netflow jumps 116% after intense $30.83 million in inflows. $DOGE closed July down 28.25%, extending its bearish streak for a second month. Analysts observe bearish sentiment as regulatory uncertainty clouds crypto’s outlook. Dogecoin has typically finished August in the red, except for rare upswings in 2021 and 2025.
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Significant inflows into Dogecoin amidst a bearish price trend indicate potential volatility and negative sentiment.
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