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BTCC / BTCC Square / TheCurrencyAnalytics /
Dogecoin Rides Institutional Wave and Technical Surge—Meme Coin Defies Skeptics Again

Dogecoin Rides Institutional Wave and Technical Surge—Meme Coin Defies Skeptics Again

Author:
TheCurrencyAnalytics
Published:
2025-06-06 15:20:07
5
3

Dogecoin Price Surges with Institutional Support and Technical Breakout

Wall Street's latest plaything? Dogecoin. The once-dismissed meme asset just ripped through resistance levels as institutional money piles in—proving even 'joke' tokens get the last laugh when liquidity floods the crypto casino.

Technical breakout or temporary sugar high? Charts show DOGE clearing its 200-day moving average, while CME futures open interest hits record highs. Traders are betting big on the Shiba Inu-themed asset, though veterans know these rallies often end with retail investors holding the bag.

Love it or hate it, Dogecoin's latest pump underscores crypto's golden rule: money flows where the hype goes. Just don't remind the 'fundamentals' crowd when the music stops.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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