Here's what's new with Dogecoin :
- *Current Price*: DOGE is trading at $0.1716-$0.1722, with an 8.15% increase in the last 24 hours.
- *Market Capitalization*: The market cap stands at $23.91 billion-$25.82 billion.
- *Recent Developments*:
- *Dogecoin ETF*: Nasdaq has sought US SEC approval for listing a 21Shares Dogecoin ETF, and Grayscale has launched a new Dogecoin Trust to be converted into an ETF.
- *Partnerships*: Dogecoin Foundation's corporate arm has formed a 10 million DOGE reserve to support liquidity.
- *Mining*: Dogecoin mining has heated up, with small businesses cashing in.
- *Price Predictions*:
- *Short-term*: Analysts predict a potential breakout, with targets of $0.65 and $0.3.
- *Long-term*: Some analysts believe DOGE could reach $1, $10, or even higher in the future.
- *Other News*:
- *Elon Musk*: Musk has been involved in various Dogecoin-related endeavors, including a lawsuit over Dogecoin rigging, which he won.
- *Adoption*: Dogecoin continues to see growing adoption, with companies like Tesla accepting DOGE payments.