The price of Dogecoin has risen by 12.67% in the past 24 hours, reaching $0.3379. The coin has also seen a 9.6% increase in trading volume, with over $11.6 billion traded in a single day. Despite experiencing a drop in price over the past week, Dogecoin is expected to continue recovering and has the potential for further growth. On-chain data indicates intense activity within the Dogecoin ecosystem, particularly from large investors. There is speculation that a Dogecoin exchange-traded fund (ETF) could become a reality in the future, as the regulatory landscape in the U.S. becomes more favorable. With positive market sentiment around Bitcoin reaching its all-time high, Dogecoin may reach the $0.4 price mark in the short term if it breaks through the $0.35 resistance level.



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