Dogecoin Price Soars Following New $200 Million Treasury Initiative

A new $200 million Dogecoin Treasury plan spearheaded by Elon Musk’s lawyer Alex Spiro has ignited a surge in the cryptocurrency’s trading volume, pushing its value to new heights. This move comes after months of volatility for the popular meme coin and signals a potential shift in the Dogecoin ecosystem. 45% increase in daily trading volume for DOGE reached $2.58 billion following the announcement of this initiative, highlighting the impact of the news.