# Dogecoin rises 2.2% as spot ETFs see $871K outflow after Trump meme

**Published:** 2026-07-05T19:44:47.816Z  
**Topic:** Dogecoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/2a8186c7-8770-42c5-ae13-a43fd9d57ee2

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 |

## ETF outflows vs. retail buying pressure  
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].

## On‑chain and market sentiment signals  
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].

## Technical targets and risk zones  
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.

## What to watch
- $0.076 resistance: three‑day close above could trigger a move toward $0.083.  
- ETF flow: continued outflows above $1 million may pressure price lower.  
- Regulatory developments: any formal action on meme coins or the CLARITY Act could shift sentiment.

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.

## Sources
1. Coingape — [Dogecoin Price as DOGE ETFs Post Second-Highest Outflows in History After Trump’s Meme Coin Disclosure](https://coingape.com/markets/dogecoin-price-as-doge-etfs-post-second-highest-outflows-in-history/)
2. CoinMarketCap — [Dogecoin price today, DOGE to USD live price... | CoinMarketCap](https://coinmarketcap.com/currencies/dogecoin/)
3. Decrypt — [Dogecoin Down Bad: Elon Musk's Favorite Meme Coin... - Decrypt](https://decrypt.co/309554/dogecoin-down-bad-sheds-election-gains&amp)

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Cite as: TrendWatcher, "Dogecoin rises 2.2% as spot ETFs see $871K outflow after Trump meme", https://www.trendwatcher.in/article/2a8186c7-8770-42c5-ae13-a43fd9d57ee2