Dogecoin Surges As New US Crypto Law Fuels Altcoin Rally
Dogecoin surged 37% in a week, crossing 27 cents on Monday as volume jumped 56% to $6.1 billion, according to Benzinga. The rally followed Trump’s signing of...
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Dogecoin surged 37% in a week, crossing 27 cents on Monday as volume jumped 56% to $6.1 billion, according to Benzinga. The rally followed Trump’s signing of the GENIUS Act, which created a major regulatory framework for digital assets. The law brought long-awaited clarity, prompting a reassessment of the crypto market and a capital shift from Bitcoin to higher-risk assets, such as Dogecoin. Analyst Ali Martinez projected DOGE could reach 33 to 40 cents if it holds support near 25 cents after a technical breakout. The rally gained momentum after Bit Origin announced plans to establish a Dogecoin treasury, making it the first public company to adopt the memecoin as a reserve asset.
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