Dogecoin Rockets 8% Amid ETF Frenzy & Whale Accumulation—Meme Coin Grows Teeth
Wall Street's latest flavor of irrational exuberance comes with a Shiba Inu face. Dogecoin—the internet's favorite joke-turned-juggernaut—just ripped an 8% gain as institutional players pile into the meme asset.
### ETF Speculation Fuels the Fire
Traders are front-running potential DOGE ETF approvals, despite regulators treating crypto filings like a game of whack-a-mole. Volume spiked 300% on derivative markets as hedgies 'diversify' into assets that once paid for Reddit tipping.
### Liquidity Tsunami Meets Meme Magic
CEX order books show seven-figure DOGE buys hitting the tape—proof that 2025's 'smart money' still chases the dumbest narratives. Meanwhile, retail FOMO lingers near 2021 levels, because nothing teaches like unlearned lessons.
As one Goldman alum quipped: 'We underwrite Dogecoin ETFs now. The barbarians aren't at the gate—they're mooning us from a Tesla.'