Dogecoin currently trades at just $0.35 per token, but with a series of potential tailwinds in the pipeline, could now be a good buying opportunity while it's still below the milestone price of $1?
Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,822 +2.6% Ethereum (CRYPTO: ETH) $3,
Dogecoin (CRYPTO: DOGE) has caught the interest of traders following the first application for a Dogecoin spot exchange-traded fund.
That's not confirmed, but it's the fear of the market today and fear and uncertainty aren't things the market likes. Tech has fueled a lot of the market's gains over the past two years so it's no surprise it will fuel its fall as well.
Another day, another cryptocurrency rally for investors to talk about. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are among the three megacap crypto tokens on the move higher today.
Dogecoin shows renewed market strength as it breaks above key resistance at $0.330, with technical indicators supporting potential movement toward $0.40 while maintaining crucial support at $0.3150.
Dogecoin fell hard on Monday, dropping below $0.31 as Bitcoin, Solana, and other coins echoed the stock market's dive.
Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock exchange.
Bitwise has filed for a Dogecoin ETF, and crypto bettors on Polymarket believe there are now much higher chances a $DOGE ETF will be approved.
Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.
Most of the major cryptocurrencies are in the green Friday morning, including Bitcoin and Dogecoin, but Trump's Solana token sits in the red.
New cryptocurrency investors should stick to proven assets and several big meme coins, according to a prominent trader on social media.