Dogecoin Jumps Aboves 10 Cents: What Is Going On?
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Dogecoin (CRYPTO: DOGE) surged above 10 cents, reaching a two-month high as investor interest increased, with trading volume up 138% to $4.07 billion. Analysts noted a bullish breakout above $0.1018, targeting $0.1172, supported by rising volume. Dogecoin has re-entered a key support-resistance zone, indicating a potential trend shift. Institutional access expanded with 21Shares listing a physically backed Dogecoin ETP on Xetra, enhancing regulated market access. A U.S. Spot Dogecoin ETF also saw its first daily net inflow of $459.8K since mid-April.
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