The post Dogecoin (DOGE) Market Cap Surpasses Porsche Amid ETP Launch. Top Altcoins Dominate the News Cycle appeared on BitcoinEthereumNews.com.

Altcoins are surging and dominating headlines, with Dogecoin (DOGE) surpassing luxury automaker Porsche by market cap amid news of a DOGE ETP launch. Top altcoins such as Cardano (ADA), Ripple (XRP), Stellar (XLM), and Ether (ETH) continue to gain impressively, signalling the imminent arrival of the altcoin season.  Altcoins have dominated headlines in recent days with continued gains. Ethereum (ETH) surged over 7% in the past week and comfortably trades above $3,500. Large-cap altcoins, including Ripple (XRP), Cardano (ADA), and Stellar (XLM), also enjoy a week of double-digit gains.  Join us as we explore the top gainers and potential winners as the altcoin season inches closer.   Dogecoin (DOGE) Memecoin OG Dogecoin (DOGE) has dominated headlines since Donald Trump’s recent victory over Kamala Harris in the US presidential election. Over the past 30 days, DOGE surged a whopping 194% and is now the 7th largest crypto with a market cap nearing $60 billion. After starting its journey in the industry as a joke, DOGE quickly became a household name, transitioning into one of the most profitable investment opportunities.  Dogecoin (DOGE) surged in popularity and value after Donald Trump’s election victory and the president-elect’s announcement of the Department of Government Efficiency, nicknamed DOGE. According to Trump, DOGE will pave the way for his administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditure, and restructure Federal Agencies – Essential to the “Save America” Movement.” Elon Musk and Vivek Ramaswamy will co-lead the newly created department.  DOGE is expected to surge after DeFi Technologies introduced Valour Dogecoin (DOGE) ETP on Sweden’s Spotlight Stock Market. The ETP will allow retail and institutional investors to gain exposure to DOGE without directly owning the asset. Amid Dogecoin’s increasing popularity and momentum, the token managed to flip luxury car maker Porsche’s market cap. With a market cap exceeding…

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Filed under: News - @ November 30, 2024 2:14 am