Dogecoin Price Drops Despite $200 Million Treasury Initiative, Musk’s Lawyer Spearheads Project

Despite news of a new $200 million treasury initiative backed by Elon Musk’s lawyer, Alex Spiro, Dogecoin’s price has declined. This decline comes as the cryptocurrency faced uncertainty and lack of clarity surrounding the project’s details and potential launch timeline. While analysts anticipate a 30% surge for Dogecoin based on its technical signals, traders remain cautious due to the absence of concrete information regarding the initiative.