Dogecoin Could Draw Greater Institutional Demand After Rex-Osprey ETF Logs $6M First-Hour Volume 🚀
The Rex-Osprey Dogecoin ETF has made a significant impact by recording approximately $6 million in volume within its first trading hour. This unexpected high opening volume has led to a near-10% price rally for Dogecoin (DOGE), indicating strong renewed interest from institutional investors.
The remarkable performance of the ETF highlights the growing appetite for Dogecoin among institutional entities, which could further influence its market dynamics and perception as a viable investment.
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