Today Dogeday And the big day for Dogecoin, the biggest breast coin. Even though we don’t feel the effects of this in the graph, this year is different. For the first time, the belief that Altcoins could receive ETF approval has increased so that we have seen applications for many crypto currencies, including Dogge in a few months.
Dogecoin Day
The biggest breast coin for market value Dog It has been ranking for years. Even though there are those who have been the throne for a short time, Dogge is still in place. Elon Musk and 2021 in 2021, approaching the target of $ 1, Dogecoin 2025 entered April 20 at a price of $ 0.15.
But there is something that makes this year different from others. Doge etf We are more close to ETF approval this year with applications. The deadline will be filled in November and the management of the renewed SEC is no longer in the presidential seat.
Dogge, which maintains leadership with over $ 23 billion market value, circulates 14.4 million new tokens per day. The buyers are still strong compared to the new daily token supply exceeding $ 2 million. In alternative breast coins, such a regular daily supply price could constantly push to new bottoms.
According to Anndy Lian, Dogecoin takes this power from a mixture of several factors.
- Enthusiastic Dogecoin community.
- Easy accessible.
- The fact that speculative earnings are the best examples of stories.
Unlike Bitcoin or Ethereum, Dogcoin‘s inflationist supply – by adding approximately 5 billion coins a year – prices can be accessible, typically under $ 1, which makes it psychologically attractive for individual investors. ”
It is one of the most important details of the breast -oriented branding and strongness of the individuals who are particularly young and internet enthusiasts, especially according to Lian.
Doge etf
The closest decision date in May. Started by Bitwise, Grayscale, 21shares and Osprey Dogecoin (Doge) Spot ETF applications are available. Grayscale’s application will take a decision on 21 May. It would not be surprising that the SEC, which postponed decisions for many Altcoins, decides to postpone a 75 -day postponement for this application.
Breast Coins Explaining that it cannot be evaluated within the scope of the securities or investment contract in the near future, Perhaps we will approve the Doge ETF with others before the end of the year and we will see a breast coin as well as classic investment instruments.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
