Dogecoin Surges 3.95% Amid Buenos Aires Tax Adoption and Dogecoin ETF Filing on Nasdaq

Dogecoin (DOGEUSDT) experienced a 3.95% price increase over the past 24 hours, with the current price at 0.14339 USDT according to Binance. The uptick in price is likely attributed to several positive developments, including Buenos Aires accepting Dogecoin for tax payments, increased speculation about Tesla re-enabling DOGE payments, and the filing of a Dogecoin ETF by 21Shares on Nasdaq, all of which have contributed to heightened institutional and public interest. Despite mixed trading sentiment and reduced whale activity, technical indicators and recent news have supported bullish momentum. Dogecoin’s market capitalization stands at approximately $23 billion, with 24-hour trading volumes surpassing $1 billion and the price fluctuating between 0.13716 and 0.14505 USDT.