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Dogecoin Takes a Major Step Toward Institutional Adoption as 21Shares Launches $DOGE ETP
The cryptocurrency market has witnessed a significant shift in recent times, with institutional investors increasingly taking notice of previously overlooked or dismissed digital assets. In a major breakthrough, 21Shares has announced the launch of the Dogecoin ETP ($DOGE), marking a crucial step towards mainstream acceptance and adoption by institutional players.
Dogecoin’s volatility remains one of its defining characteristics, with prices plummeting as much as 63% in just a few days. However, this volatility is not without precedent, as we have seen it happen before. The recent large-scale sell-off of over 1.32 billion Dogecoin tokens by whales, or large holders, raises concerns about the short-term price pressure.
Source: https://nulltx.com/dogecoin-takes-a-major-step-toward-institutional-adoption-as-21shares-launches-doge-etp/
