Is Dogecoin’s Resurgence a Bull Run or Just a Short-Term Recovery?

Dogecoin is currently trading around $0.15, despite experiencing a 0.75% decline in the past 24 hours. This resurgence has investors wondering if we’re witnessing the start of a sustained bull run or just a temporary bounceback in the face of a broader market recovery. Increased trading volume further contributes to this momentum. Factors like the recent surge in Dogecoin, along with developments like 21Shares’s fifth application for a Dogecoin ETF, have boosted investor confidence and fueled speculation about long-term price stability.