DOGE Holds Steady Amid Trump’s $1.6T Economic Bill Controversy

As President Trump’s $1.6 trillion economic bill sparks debates over Medicaid and food aid cuts, Dogecoin (DOGE) remains unaffected, trading at $0.22616. This article explores DOGE’s resilience amid political turbulence and its current market position.

Trump’s Economic Bill Spurs Market Reactions as DOGE Remains Unaffected

President Trump’s proposed economic bill, touted as a $1.6 trillion mandatory spending cut, has ignited debates over its focus on Medicaid and food aid programs. The WHITE House frames the legislation as a pillar of fiscal discipline, with Deputy Chief of Staff Steve Miller emphasizing its exclusion of discretionary spending adjustments.

Amidst the political fray, dogecoin (DOGE) emerges unscathed due to Senate rules that shield it from mandatory spending cuts. The Supreme Court’s intervention to freeze a DOGE transparency order adds another layer of complexity, questioning its classification as a federal agency.

Market participants observe the developments with cautious interest, as the bill’s broader implications for digital assets remain uncertain. DOGE’s resilience highlights the cryptocurrency sector’s unique position at the intersection of policy and decentralized finance.

Dogecoin Extends Rally as Whale Activity Signals Market Confidence

Dogecoin’s bullish momentum continues unabated, with the meme cryptocurrency breaking through key resistance levels as institutional interest grows. The DOGE-USD pair surged 6.43% in 24 hours, climbing from $0.218 to $0.230 on substantial trading volume.

Technical indicators reveal a robust uptrend, with the formation of higher lows and higher highs establishing $0.225 as firm support. Market technicians identify a ’bull flag’ pattern, suggesting potential for further upside with some analysts targeting $0.65 if current buying pressure persists.

The rally coincides with increased whale accumulation, reflecting growing confidence in alternative assets amid global economic uncertainty. Trading volumes exceeding 300 million Doge at support levels confirm strong institutional participation in the move.

SEC Delays Dogecoin ETF Approval, Traders Shift Focus to PassiveFi Project Unilabs

The U.S. Securities and Exchange Commission has deferred its decision on a Dogecoin ETF until June, creating uncertainty among DOGE investors. This regulatory hesitation coincides with growing interest in Unilabs, an AI-powered PassiveFi platform offering real yield mechanisms.

Market participants are increasingly viewing Unilabs’ presale as a viable alternative during Dogecoin’s regulatory limbo. The project’s algorithmic investment strategies and exponential growth trajectory are drawing capital from frustrated meme coin speculators.