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Home»ALTCOIN NEWS»Dogecoin ETF: While there is a brake, the whale is $ 23.35b
ALTCOIN NEWS

Dogecoin ETF: While there is a brake, the whale is $ 23.35b

By Crypto FlexsMay 21, 20253 Mins Read
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Dogecoin ETF: While there is a brake, the whale is $ 23.35b
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TOP DOG MEME COIN accidentally found another obstacle in the ETF (Exchange Traded-Fund) application. If ETF products are implemented in the stock market, many doors of Dogecoin (DOGE) will open, including great liquidity improvement.

The SEC did not rush to bring Dogecoin to the stock market.

But the SEC does not rush to accept the documents needed for this problem. Instead, the Securities and Exchange Commission (SEC) is looking for public opinion on this issue. According to this message, the SEC wants to know what people think about submitting a small number of ETFs, including GrayScale’s Dogecoin Trust.

Other ETF products for praise or rejection of the public include the deformation of the XRP ETF, and 69%of the voters of Polymarket are expected to live by the end of 2025. The new chairman of the total SEC Paul Atkins and his team should be through more than 70 encryption ETF submissions.

In most cases, the ultimate deadline is October 2025, but more optimistic opinion is expected to expect the SEC to move this summer.

Dogecoin Whale Activity Fuel 3 months Peak Stunt

Today’s blockchain data points out conflicting feelings between retail password fans and large holders. The largest Dogecoin holder is equipped with 60.9b Dogecoin tokens, and it is worth about $ 23.3 billion when trading progresses to this POW blockchain.

Obviously, 60.9b-The decorated meme coin tokens are not all conveyed to accumulate in their early wallets. Although one of the two major players took off to keep one encryption whale in a decentralized cryptographic wallet, other major players benefited and pushed Doge’s Chaikin Money Flow (CMF) into negative value.

The Dogecoin (DOGE) technology setting, which is currently converted to $ 0.2263 in the moment, is still a great state. Based on the day chart, the 26-17 -year -old residence means that the Shiba Inu Theme Mew Coin was evaluated.

Currently, Dogecoin is priced at 3.5 cents from 3.5 cents, up to $ 0.26, with a market cap of $ 5 billion, depending on Coingeko Price Tracking Data.

on the other way

  • According to seasonal ETF market commentators such as Bloomberg’s James Seyffart, it is completely normal to expect SEC’s delay and decision -making delay. “No matter how friendly this SEC is,”.

Why this is important

Traditionally, the password inclusiveness of the regulated market is a testimony that Dogecoin has grown up in the original meme coin state, adding an appeal to Altcoin in the problem.

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