In the cryptocurrency market, Dogecoin, VeChain, and TRUMP Coin continue to capture investor attention. Let’s explore the current status of these assets and their potential prospects.
Dogecoin Holds Steady Near $0.21
Dogecoin remains one of the most popular meme cryptocurrencies, trading around $0.21 after failing to hold above $0.23. Traders are cautious as the cryptocurrency faces repeated rejections at higher levels. Exchange data shows over $10 million in outflows this week, which may indicate quiet accumulation by buyers at current levels. Dogecoin has defended the $0.20 mark this summer, keeping buyers interested.
VeChain: Hayabusa Upgrade and Its Prospects
VeChain is back in the spotlight following its successful Hayabusa upgrade, which received nearly unanimous support. This update aims to reduce inflation and improve staking mechanisms. Analysts like Michaël van de Poppe believe the project is positioning for its next rally phase, with VET consolidating near $0.024. If the price can push through $0.03, it opens the door for a much stronger advance.
TRUMP Coin and ETF Application
TRUMP Coin is making headlines again after Canary Capital filed for an ETF based on this cryptocurrency in the U.S. If approved, this would provide investors with regulated exposure through traditional brokerage accounts, which is rarely seen in the meme coin sector. Following this news, TRUMP price rose by 10%.
Investors in the cryptocurrency market should closely monitor established assets like Dogecoin, breakout-ready projects such as VeChain, and the politically charged TRUMP Coin.
