looked past the demise of Elon Musk’s D.O.G.E. department, as it climbed Monday in Asian markets, driven by renewed optimism sparked by Grayscale’s forthcoming introduction of a DOGE coin ETF.
CoinDesk market data shows that DOGE was trading around $0.145 on Monday, with a daily gain of over 3%, outpacing the roughly 0.6% rise in the CoinDesk 20 Index (CD20) and the CoinDesk Memecoin Index.
DOGE is rallying into a wave of newly approved spot ETFs, with Grayscale’s GDOG set to begin trading and Bitwise’s rival DOGE product potentially going live under the 20-day 8(a) window, creating a rare bullish catalyst even as whale selling and weak technical keep near-term price action fragile.
At the same time, BTC and ETH remain sharply lower on a weekly…
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Source www.coindesk.com
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