Dogecoin (DOGE) surges by 5% following the launch of Valour Dogecoin SEK ETP on the Spotlight Stock Market.
The Valour Dogecoin ETP aims to provide Nordic investors with a regulated way to invest in Dogecoin without directly purchasing it.
Analyst Alan Santana predicts potential shakeouts and corrections in the Dogecoin market but believes this is the beginning of a bullish cycle.
Santana highlights the breaking of long-term resistance, descending trend, and the highest volume since 2021 as positive indicators for Dogecoin's price growth.