🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Dogecoin in October: Sustainable rally or bullish trap?
DOGE shows no signs of slowing down. In the last 24 hours, it gained 4.61%, consolidating a weekly increase of 14.12% that takes advantage of the “Uptober” momentum and speculation about a possible Dogecoin spot ETF.
Whales accumulate silently
On-chain data paint an interesting picture: whales bought more than 30 million DOGE (≈$7.86 million) on October 6, while nearly $700 million in DOGE were withdrawn from centralized exchanges last week. Translation: tight supply + institutional buying = real bullish pressure.
The ETF factor: approval before the end of the month?
The SEC continues reviewing applications from Bitwise and Grayscale to launch a spot ETF. We already saw the debut of the RexShares Osprey Futures ETF ($DOJE) in September. If approved, DOGE could see an influx volume that breaks the current ceiling.
Technical: no oversold signals yet
A decisive close above $0.27 opens the door to $0.30. The downside: if it breaks $0.24, a pullback to $0.195 is likely.
Macro context: BTC at $125k, altcoins on fire
Bitcoin has already surpassed $125k, BNB is up 17%, crypto cap at $4.29T. Altcoin rotation is underway. **DOGE could ride this wave as long as Bitcoin stays $120k floor(.
Critical levels to watch
$0.27 )resistance( → $0.26 )intermediate support( → ETF updates at the end of October )key catalyst