🚀 Wall Street Suits Finally Want a Piece of Doge Pie, Y’all! But Will They Get It? 🐕

by

Well folks, gather ’round and let me tell you about the latest tomfoolery in the world of that there joke currency that ain’t so much of a joke no more. 🎪

Seems like them fancy folks at 21Shares have done gone and joined the circus, throwing their hat in the ring for a Dogecoin ETF, like a hound dog chasing after the same bone as Bitwise and Grayscale. Lord have mercy! 🎩

Now, them gambling types over at the prediction markets reckon there’s a 64% chance of this whole shindig getting approved – down from 75% when them Bloomberg boys were yappin’ about it in February. Ain’t that something? 🎲

I tell you what, it’s like watching a bunch of cats trying to herd themselves. The miners – bless their hearts – are hoarding them DOGEs like my Aunt Polly hoards her preserves. Meanwhile, them big-money fellows with their billion-DOGE wallets are dumping faster than a riverboat gambler with a losing hand. 🃏

And the regular folks? Why, they’re about as interested as a cat in a roomful of rocking chairs. Social activity’s drier than a sermon on a Sunday afternoon. 😴

Price-wise, that dog’s been kicked back to November levels, sitting at fifteen cents like a stubborn mule. Might hold there like my old suspenders, might not. 🤠

If she breaks down, we might see her slide down to a dime or even six cents – cheaper than a cup of coffee at the general store! But if them bulls can wrangle it above that there 200-day moving average at quarter-dollar, well… that’d be finer than frog hair split four ways! 🐸

Read More

2025-04-11 07:05