Dogecoin is making waves again: ETF gambling, practical applications, and price surges
This damn cryptocurrency market is really exciting! Recently, Dogecoin (DOGE) has started to stir things up again, from ETF gambling to commercial applications, various news has turned the price upside down. Let's dive into these hot topics!
The tough battle for ETFs Although no institutions have officially submitted applications yet, Bloomberg's analysts have already stated that a Dogecoin ETF will eventually materialize. Especially after the approval of Bitcoin ETFs, financial giants like BlackRock have begun to eye the meme coin market. However, the regulators are not easily fooled; the fact that the top ten addresses control 40% of the circulating supply is definitely going to be a stumbling block in the approval process.
Explosive commercial scenarios If we talk about the most practical progress, we have to look at Elon Musk, this crazy boss. Recently, Tesla charging stations have started accepting DOGE payments, and the X platform (formerly Twitter) has also been rumored to integrate Dogecoin tipping features. Even the damn adult website PH has added a DOGE payment channel; the speed of application scenario expansion is simply ridiculous!
Price roller coaster Look at this crazy dog market! On February 15, it shot up to $0.27856, with an intraday surge of 3.2%, and a trading volume of $2 billion has completely filled the trading pool. Analysts are now divided into two camps: the conservatives say that the main uptrend will start in April, while the radicals believe it could break historical highs by August. However, the whales need to be careful; 90% of the chips are concentrated in their hands, and they could easily give you a swift execution.
Now the entire market is betting on whether Musk will continue to succeed in promoting it or if the regulators will strike hard. What do you think, folks? Can Dogecoin really turn things around this time, or will it just be another wave of getting chopped? Let’s see in the comments! #BNBChainMeme热潮 #加密货币普及 #XRP看涨还是看跌? #美国加征关税 #DOGE冲冲冲