
- Dogecoin price holds firmly above the $0.25 level on Wednesday, buoyed by institutional interest and ETF speculations.
- Bloomberg analyst hinted Dogecoin ETF is ‘likely’ to be approved and considered a commodity by the US SEC.
- Dogecoin Age Consumed remains flatlined at 19 billion, down 90% from February 3 peaks, as long-term holders show reluctance to sell.
Dogecoin (DOGE) price holds firmly above the $0.25 level on Wednesday, while on-chain data links DOGE’s resilient performance to institutional interest and long-term investors’ reluctance to sell the token amid Exchange Traded Funds (ETFs) speculations.
DOGE shows resilience as crypto market tumble
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