ChainCatcher Message, Dogecoin (DOGE) has sparked a craze in the market! According to Cointelegraph, thanks to Musk's support and news of a potential DOGE ETP launch, DOGE's market capitalization surged by over 175% in just a month. This growth brought its market cap to $57.8 billion, successfully surpassing the $56.1 billion market cap of automotive giant Porsche.

This phenomenon has attracted widespread attention to the potential of digital currencies. As DOGE's market cap rapidly climbs, investors and analysts are beginning to reassess the status and influence of digital currencies in the global economy. Although market volatility still exists, DOGE's performance has undoubtedly become a highlight of the recent digital currency market.