Over the past 24 hours, #Dogecoin has increased by 9.07%, recovering from a decline over the past seven days (-0.83%) and continues to follow an upward trend for 30 days (+11.1%). Key growth factors:

Optimism about regulation – Progress in the CLARITY law has boosted confidence in altcoins.
Funds flowing into ETFs (ETF) – Spot DOGE ETF funds showed a 2290% increase in inflows during the month.
Technical breakthrough – Bull patterns and accumulation by large players indicate further growth.
Detailed Analysis
1. Optimism about regulation (Positive factor)
Overview:
The U.S. Senate Banking Committee has pushed the CLARITY law (CCN), which clarifies regulatory rules for cryptocurrencies. According to it, Dogecoin is likely to be classified as a commodity under the jurisdiction of the Commodity Futures Trading Commission (CFTC). This reduces regulatory uncertainty – one of the main hurdles for institutional investors.
What it means:
The adoption of the law, scheduled for January 15, 2026, may accelerate the integration of DOGE into regulated financial products, such as ETFs and derivatives. Historically, regulatory clarity has preceded institutional investment inflows, as seen with Bitcoin after ETF approval.
What to watch:
The final text of the law and recommendations for its implementation from the SEC and CFTC after adoption.
2. Funds flowing into ETFs and futures activity (Positive factor)
Overview:
Spot DOGE ETFs (Grayscale GDOG, Bitwise BWOW) attracted $4.28 million in January – a 2290% increase compared to December. Open interest in futures reached $1.7 billion (+35% since November).
What it means:
Increased demand for ETFs indicates growing confidence from institutional investors, and rising open interest in futures reflects continued growth expectations. Also, DOGE’s 24-hour turnover rate (6.68%) is much higher than Bitcoin (1.85%), indicating high activity from retail traders.
What to watch:
Steady inflow of funds into ETFs exceeding $5 million per week and maintaining open interest above $1.6 billion.
3. Technical signals and on-chain signals (Mixed impact)
Overview:
DOGE broke out of the three-month downtrend range, and the Supertrend indicator shifted to a bullish trend. Large wallet holders (holding more than 1 million DOGE) increased their holdings by 120 million coins (~$18 million) over 48 hours.
What it means:
Price targets: $0.172 (Fibonacci level 38.2%) and $0.2095 (October 2025 peak).
Risks: RSI14 at 48.6 suggests potential for continued growth, but the 200-day moving average ($0.193) may act as a strong resistance.
What to watch:
A close above $0.157 (January 13 peak) will confirm bullish momentum.
Conclusion
Dogecoin’s rise is supported by macroeconomic factors (moderate inflation data, expectations of interest rate cuts), regulatory progress, and technical signals. Although meme coins typically follow Bitcoin’s movements, DOGE today is outperforming BTC (+3.3%) and ETH (+3.7%), indicating a rotation in favor of altcoins. The key question: will DOGE sustain its growth if the CLARITY law is delayed? It is important to monitor the support zone between $0.145 and $0.15 to assess short-term confidence.