Dogecoin (DOGE) has witnessed significant bullish momentum in recent days, driven by whale activity, ETF developments, and renewed investor confidence.
Whales have accumulated 590 million DOGE in the past 24 hours, indicating strong investor confidence despite short-term volatility.
The possibility of a Dogecoin ETF gaining regulatory approval within 75 days has boosted market sentiment and may attract institutional investors.
Elon Musk's remarks dismissing concerns and his lighthearted comments have contributed to Dogecoin's rally and reignited investor enthusiasm.