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DOGE is leading
Grayscale's application for a $DOGE ETF to the U.S. Securities and Exchange Commission has been accepted, marking an important milestone for Dogecoin investors. This development could pave the way for the first meme coin ETF, with DOGE leading the way.
*Current Market Status*
- The current price of DOGE is $0.23
- Market Cap: 36.88 billion USD
- Increased by 3.92% in the last 24 hours.
*What's next?*
The acceptance of the application by the U.S. Securities and Exchange Commission is a positive signal, but the regulatory process may be lengthy and complex. A final ruling is expected to be made within the next 240 days. If approved, this ETF could enhance market liquidity and provide retail investors with a regulated channel to access DOGE¹ ².
*Market Impact*
This news has sparked interest in DOGE, with a price increase of 5% after the application. As the highest market cap meme coin, DOGE continues to dominate this space. Will this ETF become the next big event for DOGE³? #美7月PPI年率高於預期 #Gate Alpha 巔峰交易賽