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Dogecoin (DOGE) Skyrockets 80% in Volume as Price Makes Crucial Rebound
In a surprising turn of events, Dogecoin’s (DOGE) trading volume has experienced an astonishing 80% surge, following a crucial price rebound. This development has left many in the crypto community both intrigued and concerned.
According to recent data, DOGE’s trading volume has reached unprecedented heights, with many market analysts struggling to explain the sudden uptick. While some have speculated about potential ETF-related news, others believe that the surge may be linked to a broader market trend.
Despite this increase, it remains uncertain whether DOGE’s price will continue its upward trajectory or experience a significant correction. As always, investors are advised to perform their own research and consult with financial experts before making any investment decisions.
In related news, the Dogecoin community is closely monitoring the U.S. Securities and Exchange Commission (SEC) as it considers DOGE-related ETF applications. There are four ETF files pending approval: Bitwise Dogecoin ETF, Grayscale Dogecoin ETF, 21Shares Dogecoin ETF, and Osprey Fund Dogecoin ETF.
Grayscale’s ETF application has been postponed until May 21, with the SEC set to provide a response on other crypto ETF filings.
Source: https://u.today/dogecoin-doge-skyrockets-80-in-volume-as-price-makes-crucial-rebound
