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“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing

Bitcoinist LogoBitcoinist22h ago

“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing - Bitcoinist

Quick Summary:

Dogecoin (DOGE), once dismissed as an internet joke due to its meme coin origins, is now making a strong comeback, as 21Shares, a leading asset management firm, goes ultra-bullish on it.

For its bullish case scenario, the firm noted that the DOGE price has significantly outperformed many altcoins over the past year.

The report also highlighted the advantages of adding Dogecoin to investment portfolios, revealing that a modest 1% allocation to DOGE, within a 60/40 investment structure already enhanced with a 3% Bitcoin allocation, could significantly improve overall returns.

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“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 02:00:11 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28314751

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 19 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing" has 494 words across 36 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "“Dogecoin Is Not Just A Meme Coin Anymore,” 21Shares Goes Super Bullish After ETF Filing" was covered 22 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 19 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://apeiron.beamstart.com/news/dogecoin-is-not-just-a-17461516311222

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