Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The news broke after the company submitted its registration to the Delaware Department of State’s Division of Corporations on Jan.
Dogecoin posted gains Tuesday thanks to its token logo being included on the website for the waste-cutting initiative Donald Trump calls the Department of Government Efficiency (DOGE), but it's losing ground today amid catalysts that are causing investors to become more cautious about some meme coins.
Dogecoin (DOGE), often regarded as the original memecoin, has been at the centre of speculation. While the broader cryptocurrency market remains volatile, the introduction of the Official TRUMP meme token has sparked discussions about whether Dogecoin could reach $1 by 2025,
Meme coin ETFs pegged to Dogecoin or the newly-minted TRUMP could arrive as soon as April because of this SEC rule, say analysts.
Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s bnb gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%.
Dogecoin ( DOGE 5.88%) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. The popular meme coin's token price was up 3% over the past 24 hours as of 11:40 a.m. ET. Bitcoin 's price was down 0.9%, and the price of Ethereum was down 1.6%.
With meme coins crashing like a meteor shower, Dogecoin burns the brightest. Will DOGE price drop under $0.30 as the crypto market turns red?
There has been a wave of crypto ETF filings after Gary Gensler stepped down, including requests to launch DOGE, BONK and TRUMP ETFs.
Following frantic price movements before and after Trump’s inauguration, the crypto market is beginning to cool off. Trump meme coin crashes, sending bearish sentiments to other altcoins like Pepe and Dogecoin.
Others wagered that he would reference “Dogecoin,” the cryptocurrency supported by Trump’s “first buddy” Elon Musk. Bettors placed $108,638 on the possibility that another nominee will ...