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Dogecoin (DOGE) rose about 11% over 24 hours on Saturday. It traded near $0.11 after product signals from X. The memecoin led gains among large-cap tokens during a weekend bounce.
The move followed comments from X’s head of product, Nikita Bier. He outlined plans to add in-app stock and crypto trading. Bier said X will launch “Smart Cashtags” within weeks. The tools aim to link posts with market data and trade execution.
Bier described Smart Cashtags as interactive tags inside the timeline. He wrote that Smart Cashtags will “enable you to trade stocks and crypto directly from the timeline.”
X has also been building X Money, a payments product in limited testing. The trading tools could expand that push into finance.
Dogecoin often reacts to developments tied to Elon Musk or X. The token can rally even without a direct DOGE reference. On Saturday, DOGE traded around $0.11 on major venues. It extended a rebound from earlier levels this week. Traders also cited Musk’s long-running interest in the asset as a backdrop.
The surge did not erase longer-term declines. Coinbase data shows Dogecoin reached about $0.74 on May 8, 2021. DOGE still sits far below that peak. Many traders use prior cycle highs as risk markers. They also treat them as liquidity zones during large rallies.
Also Read: Dogecoin Hype Reset: Trap or Long-Term Opportunity?
Fund flows showed a more cautious tone in the biggest assets. US spot Bitcoin ETFs posted about $360 million of net outflows over the past week. Farside Investors publishes the daily flow totals. U.S. spot Ethereum ETFs also saw net outflows of about $161 million over a similar window. Together, the withdrawals reached roughly $521 million.
Farside’s dataset breaks flows out by fund and by day. It tracks products such as BlackRock’s IBIT, Fidelity’s FBTC and Grayscale’s GBTC. Large single-day redemptions can drive the weekly total even when smaller inflows appear on other sessions. That pattern can leave prices steady while positioning shifts in the spot ETF market.
Bitcoin traded around $70,000 during the weekend after a volatile week. Ethereum held near the $2,000 area. ETF flows do not always track price each day. Still, persistent outflows can signal weaker demand. Many investors prefer regulated funds over direct exchange exposure.
Some forecasts also point to more downside risk. Standard Chartered said Bitcoin could fall toward $50,000 before a recovery. The bank also cut its end-2026 target. CryptoQuant has pointed to $55,000 as a bear-market bottom zone based on on-chain pricing bands and loss metrics.
Recent positioning events have shaped sentiment. Analysts described the October 10, 2025, sell-off as a leverage shock. It liquidated more than $19 billion in one day. US policy headlines also drew focus in February 2026. President Donald Trump nominated former Fed governor Kevin Warsh to lead the Federal Reserve. Lawmakers have moved toward confirmation hearings.
Traders now watch whether X turns the timeline trading plan into a live product. Launch timing and partner choices can shape adoption. They also watch ETF flows for signs of stabilization. A rebound in net inflows could support sentiment alongside moves around macro data and product updates.
