The cryptocurrency market continues to show volatility, particularly with the recent developments surrounding Dogecoin. Bitwise Asset Management is seeking approval from the US Securities and Exchange Commission for its Dogecoin ETF, which could provide regulated access to this popular meme coin.

Currently, Dogecoin is facing a downturn, trading at $0.1923 after a 12.51% decline in the last 24 hours. The price previously peaked at $0.2239 before falling to a low of $0.1876. Despite this recent decline, projections for 2025 suggest a bullish outlook for Dogecoin, with expectations of significant price increases in the coming months.

• Analysts anticipate that the asset could reach as high as $0.83047 in March, indicating a potential 330% return on investment.
• Forecasts for April suggest a rise to $0.70023.
• However, the community expects a longer wait before Dogecoin approaches the $1 mark.

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