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Dogecoin soars 38% as renewed interest propels it multi-year high

  • Dogecoin has surged by nearly 38% in the past 24 hours, reaching a year-to-date high of $0.44.
  • The rally is fueled by market optimism and Elon Musk's association with the cryptocurrency.
  • Retail interest in Dogecoin is increasing, with a significant rise in new wallets holding DOGE.
  • Institutional players are also showing engagement with Dogecoin, signaling growing recognition of the asset.

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