Dogecoin Price Eyes $3 Target Amid Grayscale Listing Speculations
The post Dogecoin Price Eyes $3 Target Amid Grayscale Listing Speculations appeared on BitcoinEthereumNews.com.
Dogecoin price has gained notable attention recently, with its price soaring nearly 4% today during writing. Amid this, Grayscale has sparked further market optimism hinting towards a potential listing for DOGE on its platform, along with other top tokens like TON, and WLD, among others. This move has fueled speculations if the leading meme coin could target the brief $3 mark in the coming days. DOGE Rally Amid Grayscale Listing Speculations The leading meme coin, Dogecoin price rallied today, amid a positive sentiment noted in the broader crypto market. This also reflects the growing confidence of the market participants towards the digital assets space. Amid this, a recent Grayscale update appears to have bolstered the market confidence. In the latest announcement, the leading investment asset management firm has added Dogecoin, Worldcoin, TON, and 32 other crypto to its Asset Under Consideration list. Meanwhile, the assets under consideration are the “possible candidates” that the firm considers and could witness a potential listing on the platform. However, it’s worth noting that the crypto on that list is still not listed and may not get added as well in the coming days. Notably, Grayscale currently has around 27 tokens under its product suite, which includes Bitcoin, Ethereum, and XRP, among others. Usually, a listing from these top platforms tends to boost the market sentiment. Besides, Grayscale, being a leading player in the investment sector, could propel a rally in assets with its listing. For instance, XRP price rallied in September after the firm also launched the XRP Trust, indicating the growing confidence of the investors. Dogecoin Price Targets $3 Target The recent listing speculations have fueled optimism in the market, with many now anticipating DOGE to hit $3. A recent Dogecoin price analysis cites several broader market conditions and historical trends, and hints…
Filed under: News - @ October 15, 2024 9:20 am