
- Dogecoin price rose 5% on Wednesday to reclaim $0.38 as Donald Trump signed an executive order creating the DOGE department.
- The newly launched DOGE website featured the Dogecoin logo, sparking intense speculation and excitement among DOGE traders.
- In the derivative markets, DOGE bull traders mounted $140 million leveraged long positions betting on further upside.
Dogecoin price rose 5% on Wednesday to reclaim $0.38 as Donald Trump signed the DOGE department into law. Media reports linking the Dogecoin logo to the official DOGE website sparked bullish speculations that a $0.50 breakout could be imminent.
Why is Dogecoin price
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