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The price of Dogecoin increased by 2.3% over the past 24 hours, breaking the resistance level of $0.17 amid renewed optimism regarding inflows from the Bitcoin ETF.
As Bitcoin exchange-traded funds attract over $40 billion in assets under management since their approval, speculation is growing about what a Dogecoin exchange-traded fund could mean if DOGE were to capture just 30% to 50% of the inflows of Bitcoin ETFs.
Bullish coming with a recovery of $0.17
Dogecoin (DOGE) indicates an upcoming bullish week with a recovery of $0.17.
The Dogecoin (DOGE) rose by 2.3% in the last 24 hours to trade at $0.173, amid intensified speculation about a potential Dogecoin ETF after Nasdaq's official submission for the listing of the 21Shares Dogecoin ETF.