DOGE Launches Lazarus Signal, Rebukes Disbandment Reports

DOGE experienced a 5% increase following the debut of new exchange-traded funds (ETFs), marking the first clear reversal signal in weeks for the cryptocurrency. This uptick comes as the market anticipates the launch of Grayscale's DOGE ETF, which is expected to further influence trading dynamics.

Grayscale's spot DOGE ETF, trading under the ticker GDOG, launched on the NYSE with a disappointing first-day volume of $1.41 million, falling short of market expectations compared to other recent altcoin ETFs. This slow start raises concerns about investor interest in the product.

Grayscale's GDOG ETF is set to debut on November 24, 2025, amidst a challenging market for Dogecoin (DOGE), which is currently facing significant resistance at the $0.1495 level and short-term support at $0.144. This launch marks a pivotal moment for DOGE as it seeks to establish itself within the institutional investment landscape.

DOGE has outperformed major cryptocurrencies as D.O.G.E announces its exit from the market, marking a significant shift in the competitive landscape of digital currencies. This development highlights the volatility and rapid changes within the cryptocurrency sector, particularly affecting investor sentiment and trading strategies.

Dogecoin's price has continued to decline, falling below critical support levels and reaching its lowest point since April, as negative sentiment pervades the cryptocurrency market. The token has experienced a significant downturn over the past four weeks, raising concerns about its future performance.