Top news about Dogecoin (update — August 2025)
1. Dogecoin spikes 5% driven by acquisition linked to Donald Trump and Fed speech
Dogecoin rose about 5% after confirmation of an acquisition of a DOGE mining firm linked to Trump. At the same time, the announcement of a stablecoin backed by the state of Wyoming and softer comments from Federal Reserve officials fueled institutional flows toward the cryptocurrency.
2. Powell from the Fed takes a more dovish tone — DOGE rises 10% after speech
After Jerome Powell's speech at the Jackson Hole symposium, there was a slight reduction in expectations for higher interest rates. This generated buying momentum in risk assets, including cryptocurrencies. Dogecoin was one of the big beneficiaries, registering an increase of approximately 10%.
3. Elon Musk reinforces support for Dogecoin
Elon Musk recently stated in a video shared on X: 'I like dogs and memes', highlighting the comedic and community aspect of Dogecoin as the 'people's crypto'. The comment went viral and brought greater attention to the coin, especially among retail investors.
Summary: What is driving the appreciation of Dogecoin?
FactorDetailsInstitutional newsAcquisition of mining company and announcement of stablecoin in Wyoming opened the door for institutional inflows.Monetary policySofter Fed speech increased appetite for higher-risk investments.Community sentimentPublic endorsement from Elon Musk reinforced the image of DOGE as part of pop culture and generated enthusiasm among investors.
Conclusion
Dogecoin is in the spotlight again: a combination of technical, macroeconomic, and cultural factors has reignited its shine. The recent appreciation reflects both a more favorable environment for cryptocurrencies and the power of social and institutional influences.
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