Since the beginning of 2025, Dogecoin (DOGE) has faced various developments. The first significant event for Dogecoin was a remarkable surge in transactions following Donald Trump’s inauguration as the new US president. This increase led analysts to predict a potential price growth for Dogecoin. However, the positive trend abruptly halted due to the removal of Shiba Inu dog image from the Department of Efficient Government website led by Elon Musk. Subsequently, with the introduction of Trump meme coin (TRUMP) and a severe market decline, Dogecoin became one of the top 10 most affected digital currencies. On the other hand, a positive event for Dogecoin was Bitwise’s request to launch an Exchange-Traded Fund (ETF) on the Dogecoin market, potentially increasing its credibility and market acceptance.
