🚨📰🗞️ Dogecoin Revival? $500M Bet Sparks Rally
Bit Origin's stock soared 90% after announcing plans to build a $500M Dogecoin treasury, funded by $400M in share sales and $100M in debt. The news sent DOGE up 12%, with analysts eyeing further gains.
Why It Matters:
First major U.S. firm to adopt DOGE as a reserve asset, citing its low fees and strong community.
Growing institutional interest—DOGE ETF odds now at 90% for 2025 approval.
Retail buzz is returning, with Google searches nearing peak levels.
Price Outlook:
Short-term target: $0.23 (current) → $0.30+ if ETF approved.
Long-term speculation: Some predict a $5 DOGE in a meme coin resurgence.
While still 67% below its ATH, Dogecoin’s mix of institutional backing and retail hype could fuel a major comeback.
Sources: BeInCrypto