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Dogecoin soars 38% as renewed interest propels it multi-year high – TON BOT

Dogecoin soars 38% as renewed interest propels it multi-year high

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Bitcoin’s surge towards an all-time high has sparked renewed interest in the crypto market, with Dogecoin also seeing a significant increase. Dogecoin jumped by nearly 38% in the past 24 hours, reaching a year-to-date high of $0.44. This rise is attributed to market optimism and Elon Musk’s association with the memecoin. Institutional players are also showing interest, with Canadian firm Spirit Blockchain Capital acquiring Dogecoin Holdings. This growing institutional interest could lead to a Dogecoin-related ETF in the future.

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