Dogecoin's market value surpasses 61 billion dollars. According to CoinGecko data, Dogecoin has risen by as much as 150% in the past month, driven by the celebratory market following Trump's victory and the support of Tesla founder Elon Musk, with a market value exceeding 61 billion dollars, surpassing well-known companies like Benz and Porsche. As of the writing, Dogecoin is priced at 0.4145 dollars, with a 24-hour increase of 6.8%. ETP stands for Exchange Traded Products, which in Chinese is called: "交易所交易产品". Unlike buying individual stocks, ETPs are a way to securitize various assets (such as stocks, bonds, and commodities) and package them into financial products that can be traded on exchanges. Investors can indirectly participate in the fluctuations of these underlying assets through ETPs, achieving diversified investments. With the launch of the Dogecoin ETP, this could become another important bullish catalyst, leading to a potential price surge of 100%, rising to 0.78 dollars. Many analysts have already predicted that Dogecoin could reach the 1 dollar mark by the end of the year, which could make it one of the best-performing assets in this bull market.
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