Recent Dogecoin (DOGE) Developments, Bitcoin (BTC) Volatility, and More: Bits Recap Jan 24

TL;DR

• Dogecoin’s (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 massive hype, but recent drops and scam risks highlight the dangers involved with the niche.

DOGE on the Spotlight

The biggest meme coin drew the crypto community’s 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 featured the asset’s logo on its official website.