Dogecoin Surges 15% as Inflation Data Stabilizes and Bitcoin ETFs Hit Record Inflows

In mid-May 2025, the Dogecoin (DOGE) market experienced a significant surge, with prices stabilizing above $0.25 and repeatedly testing the key resistance level of $0.28. Market analysts believe that a breakout above this level could push DOGE towards the $0.30 mark. This optimism is fueled by the stabilization of US inflation data and the record-high inflow into Bitcoin ETFs, creating a favorable environment for cryptocurrencies. DOGE, known for its community-driven nature, is seeing renewed interest and valuation.

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On-chain data indicates a rising number of DOGE holding addresses and a significant increase in active wallets, suggesting accelerated retail participation. The DOGE ecosystem is expanding beyond mere coin holding, integrating into various applications such as payment systems, NFTs, and games, thereby enhancing its overall value.

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