Reported 5 days ago
Dogecoin's price increased by 7.5% today, following the SEC's acceptance of Greyscale's application to create a Dogecoin ETF, which sets the stage for a review process. This movement coincided with gains in the S&P 500 and Bitcoin, raising hopes for increased investor interest similar to what happened with Bitcoin ETFs last year. However, Dogecoin's nature as a meme coin may pose challenges to its approval and value stability.
Source: YAHOO