Dogecoin rises 6% due to ETF frenzy, long-term value remains questionable.

Dogecoin ($DOGE) rose by 6% due to the ETF craze, but its long-term value remains in doubt. Although interest in $DOGE ETFs has increased, briefly pushing its price above $0.40, it quickly fell back to $0.35. Large holders have been buying and selling significant amounts of $DOGE in the short term, reflecting the market's volatility and uncertainty. Nevertheless, interest in Dogecoin remains high, with investors hoping for a 16% increase again. However, with the emergence of new meme coins, $DOGE's liquidity is declining, and skepticism about its long-term value is growing. Investors need to exercise caution and not be swayed by market noise.