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“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing

  • Dogecoin, once considered a meme coin, is gaining credibility as 21Shares expresses strong bullish sentiments following its ETF filing.
  • 21Shares released a report positioning Dogecoin as a serious portfolio addition, stating that it has moved beyond its meme coin reputation.
  • The firm outlined bullish scenarios for Dogecoin, predicting potential significant price increases and emphasizing its advantages in investment portfolios.
  • In contrast, potential bearish and neutral scenarios were also discussed by 21Shares, highlighting the uncertainties surrounding Dogecoin's future price performance.

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