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Will DOGE Lead the Memecoin Rally Again?

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Mon, Jan 22, 2024 11:42 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRnkNm2P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXNocmRzcndrc3F0YVcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   [Globe Icon] GLOBAL CRYPTO MARKET CAP 1.6T ▼2.64% (24H) [24H Icon] 24H CRYPTO MARKET VOLUME $40.97B ▲28.73% (24H) [Bitcoin Icon] BITCOIN’S DOMINANCE 49.93% ▲0.24% (24H) FEAR & GREED INDEX [Fear & Greed Index] [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRnkNm2P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPThxanU2dGNyZHl4NFcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRnkNm2P0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9cDFodW5rMDVtM20wVwNzcGNCCmWitlSuZQJKiTFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRnkNm2P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD03djk3OTk0MzAwN2JXA3NwY0IKZaK2VK5lAkqJMVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRnkNm2P0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPXNjenBraTJqOG1vYVcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) All data as of: 22 Jan 2024 10 AM UTC [Gainer Icon] TOP GAINERS 24H% [Project Icon 4] [FXS](~/AAQRxQA~/RgRnkNm2P0Q6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9nYWluZXJzLWxvc2Vycy8_bGlkPXR2cnZ4YnhicjZydVcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲0.18% [Loser Icon] TOP LOSERS 24H% [Project Icon] [SEI](~/AAQRxQA~/RgRnkNm2P0Q6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9nYWluZXJzLWxvc2Vycy8_bGlkPTliaGpxY2Z4a2I4MFcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼10.45% [Project Icon 2] [CHZ](~/AAQRxQA~/RgRnkNm2P0Q6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9nYWluZXJzLWxvc2Vycy8_bGlkPWppdHRlYnhidjE0aFcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼8.59% [Project Icon 3] [LUNC](~/AAQRxQA~/RgRnkNm2P0Q6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9nYWluZXJzLWxvc2Vycy8_bGlkPTZuZmp2NGhkYmZidFcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼8.27%   As the markets closed last week, ETFs finished with substantial gains in assets under management (AUM). Major players like Fidelity and BlackRock saw billions flow into their newly launched spot Bitcoin ETF products. This appetite for crypto exposure highlights the growing mainstream acceptance of digital assets. Let's dive into the latest headlines making waves across crypto. Here's a glimpse at what's trending: - DOGE pumps nearly 18% on rumors of becoming X's payment method 🚀 - Ron DeSantis drops the 2024 race, backs pro-crypto Trump 🇺🇸 - Spot Bitcoin ETFs now boast over $4 billion in AUM 😲 - Judge orders independent fraud examination into FTX collapse 👀 - Virginia rolls out the red carpet for crypto and blockchain industry 🗳 - Ronin wallet receives significant upgrades 🆕 Now, let's explore these stories and more in greater depth:   DOGE To Become X’s Payment Method? 😳 Such hype, much gains for Dogecoin bagholders this week after X triggered rumors of enabling DOGE payments! The memecoin pumped nearly 18% over the weekend- reaching a 7-day high. This buying frenzy ignited shortly after X revealed its '@XPayments' Twitter account on Friday. Despite radio silence so far from the mega platform, the timing triggered speculation that DOGE could feature in X’s future functionality. Both Elon and X’s official accounts dropped these hints here and there. [Read the full story](~/AAQRxQA~/RgRnkNm2P0SIaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9nZWNvaW4tc3VyZ2VzLWFzLXNwZWN1bGF0aW9uLW1vdW50cy1hcm91bmQtcG90ZW50aWFsLXgtcGF5bWVudHMtaW50ZWdyYXRpb24_bGlkPW5xMHB3Z3Zubnk2d1cDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Anti-CBDC Politician Drops Out, Backs Trump The anti-CBDC presidential posse lost a key member this week after Ron DeSantis tapped out of the 2024 race. In a surprise tweet on Sunday night, Florida's governor buckled under the pressure - suspending his campaign bid due to poor primary prospects. DeSantis reaffirmed loyalty to former President Trump. Recently, Donald Trump [showed his support](~/AAQRxQA~/RgRnkNm2P0SKaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9uYWxkLXRydW1wLWNsYWltcy1oZS13aWxsLW5ldmVyLWFsbG93LWNyZWF0aW9uLW9mLWNiZGMtaW4tdGhlLXVzLWlmLXJlZWxlY3RlZD9saWQ9ang1eWhtZ3poanozVwNzcGNCCmWitlSuZQJKiTFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) for crypto by opposing CBDCs. So the US is finally moving towards crypto? [Read the full story](~/AAQRxQA~/RgRnkNm2P0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYW50aS1jYmRjLXByZXNpZGVudGlhbC1jYW5kaWRhdGUtcm9uLWRlc2FudGlzLWRyb3BzLW91dC1wbGVkZ2VzLXN1cHBvcnQtdG8tdHJ1bXA_bGlkPXQyaXprcXZqZzIzY1cDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   $4 Billion Into Bitcoin ETFs 🥹 Freshly approved spot BTC ETFs now wrangle over $4 billion in assets under management just one week post launch! Bloomberg's own ETF analyst Eric Balchunas leaked the latest stats: Fidelity and BlackRock have both brought over $1.2 billion each. Invesco and VanEck also clocked their biggest single-day roundups on Friday - roping in $63 million and $100 million. Can you guess which one of these saw the biggest single-day funds? [Read the full story](~/AAQRxQA~/RgRnkNm2P0SBaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zcG90LWV0ZnMtbmVhcmluZy1kb2xsYXI0Yi1pbi1hdW0tYWZ0ZXItNi1kYXlzLXNpbmNlLWxhdW5jaGluZz9saWQ9N2gxaW95MHVjZ3FiVwNzcGNCCmWitlSuZQJKiTFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   How To Track Smart Money in the Crypto Space [How To Track Smart Money in the Crypto Space](~/AAQRxQA~/RgRnkNm2P0RnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaG93LXRvLXRyYWNrLXNtYXJ0LW1vbmV5LWluLXRoZS1jcnlwdG8tc3BhY2U_bGlkPWdjY3RwMXcwODB1ZVcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Navigate the complex crypto universe by learning how to follow the trail of smart money and make informed decisions! [READ MORE](~/AAQRxQA~/RgRnkNm2P0RnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaG93LXRvLXRyYWNrLXNtYXJ0LW1vbmV5LWluLXRoZS1jcnlwdG8tc3BhY2U_bGlkPWUzZjRhMzk4cmh2ZVcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   FTX Is Still Here… After endless legal ping pong, a judge finally ordered FTX to subject itself to an independent fraud examination this week. The ruling overrides a previous decision allowing CEO John Ray III to self-investigate with his centrally appointed team. Citing massive debts exceeding $5 billion, the court emphasized only a neutral outsider can objectively determine what events led to the spectacular collapse. Concerns swirled over FTX execs and lawyers holding glaring conflicts of interest from their disastrous pre-bankruptcy decisions. Some also believe the token price was manipulated to benefit the execs. [Read the full story](~/AAQRxQA~/RgRnkNm2P0SXaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZnR4LXdpbGwtYmUtaW52ZXN0aWdhdGVkLWJ5LWluZGVwZW5kZW50LWV4YW1pbmVyLWFjY29yZGluZy10by10aGlyZC1jaXJjdWl0LWNvdXJ0LW9mLWFwcGVhbHM_bGlkPWgzZXp2MzV2YmkxZlcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Virginia’s Bill About Miners and Validators The state rolled out the red carpet for crypto this week thanks to a landmark bill! Dubbed Senate Bill No. 339, the legislation aims to nurture a thriving blockchain industry within Virginia borders. With the bill now undergoing Senate review, Virginia seems to be waking up to future-proofing itself for blockchain growth. Rather than reactive whack-a-mole bans, the legislation fosters healthy experimentation - delivering jobs, tax revenues and prestige long term. What policies are they trying to implement that will benefit miners and validators? [Read the full story](~/AAQRxQA~/RgRnkNm2P0SRaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdXMtdmlyZ2luaWEtc3RhdGUtc2VuYXRvci1wcm9wb3Nlcy1iaWxsLXByb3RlY3RpbmctZGlnaXRhbC1hc3NldC1taW5lcnMtYW5kLXZhbGlkYXRvcnM_bGlkPTd6bXllcm82OHNieFcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Ronin Wallet Powers up The brains behind Axie Infinity rolled out a serious glow-up for the Ronin wallet this week! Following recent P2E pivots, Sky Mavis injected the Ronin blockchain's signature self-custody portal with a stack of upgrades. While the NFT gaming landscape is growing rapidly, the OG continues honing its features to maintain an edge. What upgrades were introduced? [Read the full story](~/AAQRxQA~/RgRnkNm2P0SJaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZ2FtaW5nLWJsb2NrY2hhaW4tcm9uaW5zLW1vYmlsZS13YWxsZXQtYWRkcy1ldGhlcmV1bS1wb2x5Z29uLWJuYi1jaGFpbi1zdXBwb3J0P2xpZD1tNTducmg0ZWl1MG1XA3NwY0IKZaK2VK5lAkqJMVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   And that’s a wrap! See you tomorrow with more crypto stories.   [Apple Store](~/AAQRxQA~/RgRnkNm2P0RLaHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9hcHAvY29pbm1hcmtldGNhcC9pZDEyODIxMDcwOTg_bHM9MSZsaWQ9ZnN2YjBtOXNuNjczVwNzcGNCCmWitlSuZQJKiTFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [Google Play](~/AAQRxQA~/RgRnkNm2P0RhaHR0cHM6Ly9wbGF5Lmdvb2dsZS5jb20vc3RvcmUvYXBwcy9kZXRhaWxzP2lkPWNvbS5jb2lubWFya2V0Y2FwLmFuZHJvaWQmaGw9ZW5fVVMmbGlkPWdvZXcwN2V2em9xY1cDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Twitter](~/AAQRxQA~/RgRnkNm2P0QyaHR0cHM6Ly90d2l0dGVyLmNvbS9Db2luTWFya2V0Q2FwP2xpZD1zaWpybDN1emRwNjhXA3NwY0IKZaK2VK5lAkqJMVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [Telegram](~/AAQRxQA~/RgRnkNm2P0QraHR0cHM6Ly90Lm1lL0NvaW5NYXJrZXRDYXA_bGlkPWxxbWk0bGxkbGR2ZlcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Facebook](~/AAQRxQA~/RgRnkNm2P0Q3aHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0NvaW5NYXJrZXRDYXA_bGlkPTg2MHF5bjhhM2J5elcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [Instagram](~/AAQRxQA~/RgRnkNm2P0Q5aHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9jb2lubWFya2V0Y2FwLz9saWQ9MDJmd2l2OGpyemZpVwNzcGNCCmWitlSuZQJKiTFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [LinkedIn](~/AAQRxQA~/RgRnkNm2P0RAaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvY29pbm1hcmtldGNhcC8_bGlkPTc4Z2s1czZ1bzd4NFcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ~/AAQRxQA~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~[Update Preferences | Unsubscribe](~/AAQRxQA~/RgRnkNm2P4TWAmh0dHBzOi8vMDUuZW1haWxpbmJvdW5kcHJvY2Vzc2luZy5jb20vcHJlZmVyZW5jZV9jZW50ZXIvdjEvZXlKaGJHY2lPaUpTVXpJMU5pSjkvZXlKemRXSWlPaUp3WTNZeElpd2lhV0YwSWpveE56QTFPVEl6TnpNMkxDSmxlSEFpT2pFM016YzBOVGszTXpZc0ltUWlPaUlrTUNSblJFMVFjMHBIU3pBMFNtVTVNR05vUmpSdlVYcFJQVDBrTWxoU01rZG5OV0ZqVUhkU0syOXRXRXQ1YkZsbGJUaDZWa3RSVTFoVVkxbDFVMmRYWVhaRFFreG9kbmxGT1hNeVl6Rk1hVXBrTDFnNFpXOU9YRzVvUlRoVklpd2lhQ0k2SWpBMUxtVnRZV2xzYVc1aWIzVnVaSEJ5YjJObGMzTnBibWN1WTI5dElpd2lZeUk2SWpJek5EZ2lMQ0p0SWpvaU5qVmhaR1JrTURGaU0yUXpOamt3TURSalltSmhPV0ZoSW4wL2wzNXRtYTh5Nzg2WmNncUZ1SHJSZjRreGx5TEE0QTNieC1Kc3F6VDZGSnZqN090YnJSd0xnbUxkSXlsTWtpblYyQ0I0X3ptRHFyXy1lWnpDV1YxcWsxRTJmaGpqYnpId0VjcXJuaUljdFg3bUQ4WlBRNjlfSEcwYTc4ZkZCVkRLWmpmSDN6b2xjRHp5anNmbHA3N2dlSlhCSWNXNVlxR1laQnpPRVhtN1JoVF9sUmRCaW1XZXZkaktGVkE3aU53N1hFRXlkSWs2MjBIc1QwWTZrcVVWejFjM3Nsa0ZhNzBVVjFwWTRsXzA4a1BlYkhYTG5TcEs3LVdLckZaWDlQZTktTWRhMTBib1RsLUcxNHZhTkZ3aGZfS081c0p6cWdudVBhN3VZQnRkSE5sdDVOSjd3eEFHdTFUUkYtWjhmQkV1ZGxrQW4ySTc3OVkxdHBiWTFYdC1tQVcDc3BjQgplorZUrmUCSokxUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) © 2024 CoinMarketCap CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States

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