Investors Snub Dogecoin After US Crypto Reserve With Many Looking At The Altcoin Tipped To Become The Next XRP
The post Investors Snub Dogecoin After US Crypto Reserve With Many Looking At The Altcoin Tipped To Become The Next XRP appeared on BitcoinEthereumNews.com.
A sense of optimism for new regulations swept through the crypto universe after President Donald Trump revealed a U.S. Crypto Strategic Reserve. The project will assist in making digital assets such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) part of America’s new financial system. Dogecoin (DOGE) is not a part of this official list and is losing favor among investors who are looking for tokens with more institutional support. In this changing situation, there is a new entry named Remittix (RTX) which is being considered by investors as a promising new favorite altcoin who are unhappy with DOGE’s ambiguous situation. U.S. Crypto Reserve Surpasses Dogecoin Dogecoin at $0.2024 after being snubbed by Trump’s crypto reserve President Trump’s effort to create a national crypto reserve is a huge change from the previous administration’s efforts to limit crypto assets. This can only mean that cryptocurrencies might become immensely important in America’s economic policy. The SEC is scaling back its investigations of major projects, and major companies are looking at crypto ETFs, but they are not looking at Dogecoin for the reserve list. The majority of DOGE coin holders are worried about the future of the coin because of this exclusion. Some are even converting their money into reserve member altcoins or those which have sure chances of being utilized extensively. Dogecoin, which once flourished because of meme culture and celebrity adoption, is suffering in an economy filled with tokens of practical applications. DOGE is currently trading at around $0.2024 and has lost much of its early momentum, particularly with Trump’s project to “make America the Crypto Capital of the World” not providing it with official support. Although DOGE can still pump during hype seasons, some investors worry if it can continue to grow in the long term without…
Filed under: News - @ March 7, 2025 10:19 pm