Regulators test the waters of cryptocurrency market, Dogecoin is expected to ride the wind and waves

Dogecoin (DOGE) surged to $0.26 early Wednesday, fueled by interest from retail and institutional investors. Despite speculation that Dogecoin ETFs may be listed in the U.S., analysts warn that regulatory delays may occur. Trading volumes have increased by 34% over the past week, driven by social media hype and retail activity. The Securities and Exchange Commission (SEC) ongoing scrutiny of the ETF has resulted in mixed investor sentiment, but its adoption rate continues to grow, with trading volumes rising 27% in the past month, especially in the Asia-Pacific region.