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Dogecoin (DOGE) has surged 80% amidst renewed market excitement and significant liquidation imbalances. Elon Musk's X post reignited bullish sentiment, and investor optimism is growing with Bitwise moving closer to launching a Dogecoin spot ETF. DOGE price has recovered to $0.18, with a 61% chance of reaching $0.20 this month, according to Polymarket.

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