The post DOGE Rallies 6% to $0.18 Following Trump’s $2K Stimulus Proposal Amid ETF Filing Buzz appeared on BitcoinEthereumNews.com.

Timothy Morano
Nov 10, 2025 18:14

Dogecoin surged to $0.18 after President Trump’s stimulus comments sparked speculative asset buying, while Bitwise’s ETF filing adds institutional legitimacy to DOGE markets.

Quick Take • DOGE trading at $0.18 (up 1.4% in 24h) • Trump’s $2K stimulus proposal driving renewed speculative interest • Price testing resistance near 20-day moving average at $0.18 • Following broader crypto rally alongside Bitcoin’s positive momentum Market Events Driving Dogecoin Price Movement The most significant catalyst for Dogecoin’s recent price action came from President Trump’s comments regarding tariffs and a proposed $2,000 dividend for Americans, which sparked a 5.2% rally to $0.1811 on November 10th. This political development reignited interest in speculative assets as traders positioned for potential increased consumer spending and risk-on sentiment. The DOGE price movement also reflects ongoing excitement from Bitwise’s spot Dogecoin ETF filing, which could provide institutional investors with regulated access to DOGE exposure. This development represents a significant milestone for Dogecoin’s mainstream adoption narrative, potentially opening the door for traditional financial institutions to include DOGE in their portfolios. However, earlier in the week, large-scale selling pressure created headwinds for the token. On November 6th, whale activity resulted in $440 million worth of DOGE tokens being sold, causing an 8% decline to $0.1697. This selling pressure from major holders highlighted the concentration risk that continues to affect Dogecoin price volatility. The combination of political stimulus optimism and institutional product development has helped DOGE recover from the whale-induced decline, though the token remains sensitive to large holder movements given its concentrated ownership structure. DOGE Technical Analysis: Testing Key Resistance Price Action Context Dogecoin technical analysis shows the token currently trading at its 20-day moving average of $0.18, marking a critical inflection point for near-term direction. The…

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Filed under: News - @ November 10, 2025 11:32 pm