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TronWeekly

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Dogecoin (DOGE) Poised for Explosive Bullish Breakout Amid DeFi Expansion

  • Dogecoin is showing bullish momentum after breaking out of a falling wedge pattern, potentially leading to a parabolic rally if it closes above $0.26.
  • The launch of wrapped DOGE (wDOGE) on Coinbase's Base network expands DOGE’s utility in DeFi and smart contracts, signaling increased adoption.
  • The odds of a U.S. spot DOGE ETF approval by 2025 have surged to 74%, driving higher institutional interest in Dogecoin.
  • Despite a short-term dip in price, Dogecoin (DOGE) is trading at around $0.1904, with significant institutional engagement and potential for a bullish surge.

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