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Dogecoin up 2.2% to $0.074 on July 3 despite $871,000 ETF outflows following President Trump's $635 M royalty disclosure, signaling retail bullishness.
Dogecoin (DOGE) jumped 2.2% to $0.074 on July 3, trading around $706 million in 24‑hour volume, even as spot DOGE ETFs recorded their second‑largest daily outflow ever—$871,000 on July 2—after President Trump disclosed $635 million in royalties from his TRUMP meme coin [1].
| At a glance | |
|---|---|
| Price | $0.074 |
| 24h change | +2.2% |
| ETF outflow | $871,000 |
| Catalyst | Trump royalty disclosure |
The $871,000 outflow is the biggest since December 2024 and the second‑largest since DOGE ETFs launched in November 2025, indicating institutional sellers are exiting positions [1]. The outflow followed Trump’s revelation that he earned $635 million from the TRUMP meme coin launched in January 2025, sparking fears of regulatory crackdowns on meme tokens. Despite this, DOGE’s price rose from $0.069 on June 30 to $0.075 on July 3, forming a U‑shaped recovery pattern that technical analysis interprets as bullish tightening [1].
The funding rate for DOGE futures climbed to 0.0098%, the highest level since April 15, suggesting long‑biased trader sentiment [1]. Open interest also rose from $941 million on June 28 to $1.04 million on July 3, reinforcing the view that retail buyers are driving the rally despite institutional exits [1]. However, a falling ADX line warns that the upward momentum may be weakening, and further ETF outflows could pressure the price back toward the recent low of $0.069 [1].
Analysts note that breaking the $0.076 resistance and securing three consecutive closes above that level could unlock a 9% upside to $0.083, aligning with the double‑bottom target of the chart pattern [1]. Conversely, a slip below $0.069 would likely retest the June 30 low, exposing the coin to further downside.
Dogecoin’s ability to rally amid record ETF outflows highlights a split between institutional caution and retail optimism, leaving the next price direction hinged on whether buying pressure can sustain above key resistance and how regulators respond to the Trump meme‑coin controversy.
Coverage is mostly measured — 174 of 177 reports stay neutral.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jul 5, 2026 · How we report
Institutional demand shows signs of return, with spot ETFs recording positive inflows, though some companies like CleanCore Solutions have divested their Dogecoin holdings.
Key support is frequently cited at $0.081, while resistance levels are identified near the 200-day EMA at $0.094–$0.095 and the $0.100 price point.
CleanCore Solutions sold its 463 million DOGE to fund a pivot from its previous business model toward AI infrastructure.
Market sentiment is mixed; while some analysts see bullish technical patterns, others point to a long-to-short ratio below 1 and whale selling as indicators of potential downside.