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Dogecoin, once a joke in the crypto world, is gaining legitimacy with the recent launch of its first exchange-traded product (ETP) in Sweden, yet the absence of a dedicated Dogecoin ETF raises questions among industry experts. Despite its cultural significance and devoted community, analysts like Nate Geraci express confusion over the lack of ETF filings for DOGE, suggesting it could be a missed marketing opportunity. As the crypto ETF landscape evolves, the potential for a Dogecoin ETF by 2025 remains a topic of interest.
Charles Hoskinson, the creator of Cardano (ADA), has sparked speculation on social media with a post about a pet he claims could lead to the next big meme coin. He described the animal as so "memeable" that he won't photograph it, fearing it could inspire a rival to popular tokens like Dogecoin and Shiba Inu. This has led to discussions about a potential new project that could boost Cardano's market presence.
Chainlink (LINK) has broken a five-month price barrier as whale activity increases. Meanwhile, the Shiba Inu team, led by Lucie, has shared a bullish forecast predicting SHIB could reach $0.000081, with potential gains exceeding 180%. Despite a significant drop in its burn rate, SHIB has seen a 23% growth recently, currently trading at $0.00002845.
BlackRock's Ethereum ETF has surged to the top four rankings, driven by record inflows. Meanwhile, Cardano (ADA) has gained over 8%, currently trading at $1.0749, with expectations of sideways movement between $1.00 and $1.10 until the week's end. In the Bitcoin market, whales are actively purchasing dips, with the price recovering to $98,650 after a recent drop.
Yuri Molchan
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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