#Dogecoin Holds Strong in Top 10 as #ETF Hopes and Treasury Initiatives Spark Renewed Interest

Dogecoin $DOGE has once again proven its staying power in the cryptocurrency market, holding a firm spot among the top ten digital assets by market capitalization. Despite being labeled as a “memecoin,” Dogecoin continues to outperform rivals in the same category, demonstrating its enduring relevance among both retail and institutional investors.

With ongoing discussions about pending ETF approvals and crypto treasury adoption on Wall Street, momentum around Dogecoin is building. Yet, the path forward remains nuanced, as short-term volatility and broader market corrections have left traders weighing whether DOGE’s next big move will be a breakout rally or a delayed recovery.

Wall Street Turns Its Eye to Dogecoin

For years, Dogecoin was dismissed as little more than a joke currency. But 2025 has been different. Institutional players are now eyeing #DOGE seriously thanks to ETF speculation and the potential integration of DOGE-backed treasuries. These initiatives are designed to give corporations and funds new ways to diversify their #crypto exposure.

Interestingly, while other crypto treasuries have fueled optimism and lifted token prices, CleanCore Shares’ announcement of a Dogecoin-backed treasury product was met with a muted response. The stock even fell shortly after the announcement, suggesting investors are still cautious about DOGE’s role in institutional strategies.

Still, the move is significant. It marks one of the first instances of Dogecoin being considered for corporate treasury management—a development that signals mainstream finance may be warming up to the coin’s potential utility beyond memes and speculation.

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