Meme Coin hype reaches $0.25 threshold, regulators take key positions

Dogecoin is testing key resistance levels near $0.25 due to speculation that the U.S. emoticon ETF may be approved. Currently, the trading price of Dogecoin is around $0.245, and the trading volume is constantly rising. This level is regarded as a psychological barrier. Past attempts to break through this level often end in failure. Analysts point out that despite the lack of strong fundamentals Dogecoin still has cultural appeal and community support. Related emoji coins, such as Shiba Inu and Pepe coins, also show a similar trend. The approval of ETFs may increase institutional investors’ acceptance and liquidity, but regulatory scrutiny may follow.