Dogecoin ETFs Fuel Record $2.85 Million Rise Amidst Bullish Trading

Dogecoin experienced a notable surge this week, reaching new heights fueled by bullish trading activity. The meme coin rallied over 10% and outpaced larger cryptocurrencies like Bitcoin and XRP on Wednesday. This growth was further supported by the launch of new exchange-traded funds (ETFs), attracting significant capital from both retail and institutional investors. A prominent analyst observed a potential buying signal based on technical analysis, highlighting expectations for continued gains in the near term.