SoSoValue data showed zero daily net inflows on July 22, 23 and 24, even as cumulative inflows reached $12.12 million and the week still turned positive.
Dogecoin exchange-traded funds returned to flat daily flows after a one-day break in a longer dry spell. SoSoValue data showed Dogecoin ETFs recorded $0 in daily total net inflow on July 24, matching July 22 and July 23, after bringing in $345,130 on July 21. That July 21 figure snapped a run of zero-inflow days that had stretched since July 6. Even with the recent lull, cumulative total net inflow reached $12.12 million as of July 24, and the products are on track for their first positive week of inflows since the week ending June 18, with weekly inflow at $345,130. Dogecoin market signals were mixed at the same time. DOGE was down 0.17% over the last 24 hours to $0.07, while futures open interest (the value of outstanding derivatives positions) stood at $1.10 billion. Rising open interest alongside a falling spot price can indicate traders are building short positions. At the same time, crypto analyst Ali said the TD Sequential (a technical trend indicator) flashed a buy signal on the monthly chart as DOGE neared support around $0.056. If that level holds, he said a rebound toward $0.16 may be possible, with the top of the channel near $0.45 as the broader upside target.