Dogecoin Soars as First ETF Approvals Spark New Investment Wave

The cryptocurrency world is buzzing with excitement following news of the SEC’s potential approval for the first Dogecoin exchange-traded fund (ETF). This development has triggered a surge in Dogecoin’s price, reaching $0.24 and pushing its market capitalization over $35 billion in just 24 hours. Experts attribute this rise to both the growing DeFi applications and increased institutional investments.