Current Price and Market Cap
#BinanceHODLerSTO Dogecoin's current price is $0.1742, with a 2.9% increase in the last 24 hours. Its market capitalization is approximately $25.97 billion, ranking it as the 8th most popular cryptocurrency.
Recent News and Developments
#Dogecoin ETF*: The Nasdaq exchange has filed a proposal to list a Dogecoin ETF, with 21Shares US LLC as the asset manager. This move could potentially increase Dogecoin's adoption and price.
- *SEC Delays*: The US Securities and Exchange Commission (SEC) has delayed its decision on the Bitwise Dogecoin ETF and Franklin Templeton's proposed XRP product, with new deadlines set for June 15 and June 17, respectively.
- *Elon Musk*: Despite reports of Elon Musk's potential exit from Tesla, Dogecoin's price remained relatively stable, with Musk being a known supporter of the cryptocurrency.
- *Mining Firm*: Z Squared, a Dogecoin mining firm, is merging with biopharmaceutical company Coeptis to go public and expand its mining operations ¹.
Market Trends and Predictions
- *Price Prediction*: Some analysts predict that Dogecoin could reach $1 in 2025, driven by potential spot ETFs and increased adoption.
- *Market Sentiment*: Dogecoin's price has decreased by 4.23% in the past week, but its market capitalization remains stable ¹.
