{"id":9460,"date":"2025-01-24T09:16:55","date_gmt":"2025-01-24T09:16:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9460"},"modified":"2025-01-24T09:16:55","modified_gmt":"2025-01-24T09:16:55","slug":"recent-dogecoin-doge-developments-bitcoin-btc-volatility-and-more-bits-recap-jan-24","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9460","title":{"rendered":"Recent Dogecoin (DOGE) Developments, Bitcoin (BTC) Volatility, and More: Bits Recap Jan 24"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Dogecoin\u2019s (DOGE) price remains volatile as anticipation builds around potential ETF approvals from firms like Bitwise and Osprey Funds.<\/li>\n<li>Bitcoin (BTC) has been hovering between $101,000 and $109,500 in the past few days, with the volatility likely driven by the political changes in the USA.<\/li>\n<li>The launch of TRUMP and MELANIA meme coins sparked massive hype, but recent drops and scam risks highlight the dangers involved with the niche.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-380300\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/RECAP_CB-37-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>DOGE on the Spotlight<\/h2>\n<p><span data-preserver-spaces=\"true\">The <\/span><span data-preserver-spaces=\"true\">biggest<\/span><span data-preserver-spaces=\"true\"> meme coin drew the crypto community\u2019s attention on January 21, when its price experienced a double-digit spike in a matter of minutes. The rally was fueled by the newly established Department of Government Efficiency (D.O.G.E.), which <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/dogecoin-price-explodes-as-department-of-government-efficiency-website-adds-meme-coin-logo\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">featured<\/span><\/a><span data-preserver-spaces=\"true\"> the asset\u2019s logo on its official website.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Dogecoin\u2019s valuation surged to $0.40, but the rally was short-lived. Currently, it is worth around $0.36 (per CoinGecko\u2019s data), while D.O.G.E.\u2019s website removed the logo from its front page.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_380297\" aria-describedby=\"caption-attachment-380297\" style=\"width: 579px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-380297\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4.png\" alt=\"DOGE Price\" width=\"579\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4.png 1052w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4-300x207.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4-1024x708.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4-768x531.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-4-50x35.png 50w\" sizes=\"auto, (max-width: 579px) 100vw, 579px\"><\/a><figcaption id=\"caption-attachment-380297\" class=\"wp-caption-text\">DOGE Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">It is important to note that further announcements coming from the agency may continue to impact the token. After all, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trumps-d-o-g-e-promises-to-slash-bureaucracy-heres-what-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">D.O.G.E.<\/span><\/a> <span data-preserver-spaces=\"true\">is led<\/span><span data-preserver-spaces=\"true\"> by Elon Musk, <\/span><span data-preserver-spaces=\"true\">who is<\/span><span data-preserver-spaces=\"true\"> an outspoken advocate of the OG meme coin and often endorses it on X.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite its enhanced volatility, Dogecoin has been the subject of numerous bullish predictions lately<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> One of the biggest optimists is the popular analyst Ali Martinez, who <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/could-dogecoin-doge-hit-15-analysts-point-to-this-key-factor\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">envisioned<\/span><\/a><span data-preserver-spaces=\"true\"> the price exploding to $15. He based his prediction on the potential approval of Bitwise\u2019s filing to launch a Dogecoin exchange-traded fund (ETF).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The company submitted its application with the SEC on January 22, while <\/span><span data-preserver-spaces=\"true\">prior to<\/span><span data-preserver-spaces=\"true\"> that, REX Advisors and Osprey Funds jointly filed to introduce an ETF that includes exposure to DOGE.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">BTC\u2019s Rollercoaster\u00a0<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The primary cryptocurrency also <\/span><span data-preserver-spaces=\"true\">passed through<\/span><span data-preserver-spaces=\"true\"> severe turbulence in the past few days. It <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-btc-sees-new-ath-chainlink-link-explodes-15-daily-market-watch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">hit<\/span><\/a><span data-preserver-spaces=\"true\"> a new all-time high of almost $110,000 on January 20 (hours before Donald Trump\u2019s inauguration) but fell to approximately $101,000 once the Republican officially became America\u2019s 47th President. The plunge was likely <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/over-200b-wiped-from-crypto-markets-after-trump-ignores-crypto-in-ceremony-speech\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">caused<\/span><\/a><span data-preserver-spaces=\"true\"> by Trump\u2019s speech, which did not include any comments about the crypto industry.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the following days, BTC continued to experience substantial volatility. On January 23, it <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/btc-faces-massive-volatility-above-100k-as-liquidations-surge-to-300m\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">spiked<\/span><\/a><span data-preserver-spaces=\"true\"> to $106,000 after US Senator Cynthia Lummis hinted that \u201cbig things are coming\u201d for the asset.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The crypto community speculated that the news could be related to the potential establishment of a strategic BTC reserve in the US. However, President Trump <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-signs-executive-order-to-consider-national-digital-asset-stockpile-report\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">signed<\/span><\/a><span data-preserver-spaces=\"true\"> an executive order to review the creation of a \u201cNational Digital Asset Stockpile,\u201d expanding the scope of the effort to other cryptocurrencies.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the aftermath, BTC\u2019s price tumbled to $103,000 before rising to its current $105,300 (per CoinGecko\u2019s data).<\/span><\/p>\n<figure id=\"attachment_380298\" aria-describedby=\"caption-attachment-380298\" style=\"width: 579px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-380298\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8.png\" alt=\"BTC Price\" width=\"579\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8.png 1042w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8-300x207.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8-1024x708.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8-768x531.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-8-50x35.png 50w\" sizes=\"auto, (max-width: 579px) 100vw, 579px\"><\/a><figcaption id=\"caption-attachment-380298\" class=\"wp-caption-text\">BTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">TRUMP and MELANIA<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Lastly, we will touch upon some of the most trending meme coins lately: those issued by the US President and his wife. Official Trump (TRUMP)<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/donald-trumps-official-meme-coin-cracks-top-40-altcoins-crypto-community-reacts\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\"> saw the light of day<\/span><\/a><span data-preserver-spaces=\"true\"> on January 18, and hours later, its market capitalization reached a whopping $14.5 billion. The surge was <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/official-trump-surpasses-pepe-as-binance-coinbase-join-the-trump-craze\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">fueled<\/span><\/a><span data-preserver-spaces=\"true\"> by massive hype and support from leading exchanges such as Binance and Coinbase.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">America\u2019s first lady also <\/span><span data-preserver-spaces=\"true\">dived in<\/span><span data-preserver-spaces=\"true\">, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-token-crashes-over-50-as-melania-trump-launches-meme-coin\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">launching<\/span><\/a><span data-preserver-spaces=\"true\"> a meme coin called Melania Meme (MELANIA). Its market capitalization also soared into the billions, although it did not reach TRUMP\u2019s dimensions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, both tokens have plunged significantly in the last few days, showcasing the unpredictable and volatile nature of the meme coin niche. In addition, scammers have supposedly <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/watch-out-scammers-prey-on-trump-themed-meme-coin-frenzy\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">created<\/span><\/a><span data-preserver-spaces=\"true\"> multiple fake websites offering dubious services with TRUMP and MELANIA, with the sole purpose of conning unsuspecting victims.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">People <\/span><span data-preserver-spaces=\"true\">who are<\/span><span data-preserver-spaces=\"true\"> about to enter the ecosystem should first do proper research and invest only as much as they are ready to lose.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/recent-dogecoin-doge-developments-bitcoin-btc-volatility-and-more-bits-recap-jan-24\/\" rel=\"nofollow\">Recent Dogecoin (DOGE) Developments, Bitcoin (BTC) Volatility, and More: Bits Recap Jan 24<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Dogecoin\u2019s (DOGE) price remains volatile as anticipation builds around potential ETF approvals from firms like Bitwise and Osprey Funds. Bitcoin (BTC) has been hovering between $101,000 and $109,500 in the past few days, with the volatility likely driven by the political changes in the USA. The launch of TRUMP and MELANIA meme coins sparked [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9460","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9460"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9460\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}