
(24-hour Dogecoin price trend)
Okay, here's an English article based on the data and surrounding narrative you provided, aiming for readability:
Dogecoin (DOGE) Sees Slight Uptick Amidst Whale Activity and ETF Speculation
As of July 31, 2025, at 16:00 hours, Dogecoin (DOGE) is trading at $0.22362275982339. The meme-inspired cryptocurrency has seen $2,291,609,716.9956 in trading volume over the past 24 hours, reflecting continued interest and activity in the DOGE market. This represents a modest gain of 0.48881415% in price over the last 24-hour period.
Currently, the circulating supply of Dogecoin stands at 150,320,516,383.71 DOGE, which also represents the total supply. With this circulating supply, Dogecoin boasts a circulating market capitalization of $33,615,088,731.801.
Beyond the immediate price movement, Dogecoin is currently fueled by bullish sentiment, driven by a confluence of factors. Recent analysis suggests that large-scale investors, often referred to as "whales," are actively supporting DOGE, potentially mitigating downward price pressure and fostering stability.
Adding to the optimism is the emergence of potentially bullish technical patterns. Analysts are pointing to a possible "golden cross" formation on the Dogecoin chart, a technical indicator that often signals the start of a sustained uptrend. Furthermore, the potential formation of a "double bottom" pattern is also being observed, which could indicate a strong reversal of previous downtrends.
These factors are contributing to a renewed wave of speculation surrounding the possibility of a Dogecoin ETF (Exchange Traded Fund). Some analysts have increased their estimated probability of a DOGE ETF being approved to as high as 75%, citing the increased market maturity and institutional interest in the cryptocurrency space.
The convergence of whale support, positive technical indicators, and ETF speculation has led some to believe that Dogecoin may be on the cusp of a significant bull run. While the cryptocurrency market remains inherently volatile and unpredictable, the current climate surrounding DOGE suggests a potential for further gains in the near future. Investors are advised to conduct thorough research and exercise caution before making any investment decisions.
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