Deep Tide TechFlow News, on November 27th, according to Cointelegraph, driven by Musk's continued endorsement and the anticipation of the first DOGE ETP product launch, Dogecoin's market value reached 57.8 billion USD, surpassing the market value of automotive manufacturer Porsche at 56.1 billion USD.

Earlier news, DeFi Technologies' subsidiary Valour announced the launch of the first DOGE ETP. The company's Nordic region head Johanna Belitz stated that this move is based on the surge in Dogecoin demand brought about by the results of the U.S. elections and the Musk effect.