The DOG of Bitcoin Memecoin - Can it Flip DOGE?
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币界网报道：A new memecoin called "Dog Bitcoin" (DOGBTC) is gaining traction, with its market cap briefly surpassing Dogecoin (DOGE) on Monday. The token, which combines the branding of Bitcoin and Dogecoin, saw its price surge over 250% in 24 hours before retracing. Analysts attribute the spike to speculative trading and social media hype, though some warn of potential volatility risks. The project claims to offer faster transactions than Bitcoin while maintaining meme appeal, but critics question its long-term utility. The rapid rise highlights continued investor interest in meme-driven crypto assets despite broader market caution.
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