Institutional interest in Dogecoin has been on the rise over the last few years, especially with the filing of multiple Dogecoin Exchange-Traded Funds (ETFs) . This has essentially taken DOGE, which began as a joke, from the realm of a meme into more serious territory with the likes of Solana and XRP. House of Doge, the corporate arm of the Dogecoin Foundation, has highlighted this rising institutional interest, revealing the drivers behind this attention.

Why Institutions Are Watching More For Dogecoin

House of Doge outlines four major reasons why institutions are now watching Dogecoin more and more. These reasons have taken it from being a meme coin driven purely by hype from the community to a cryptocurrency that is being propelled forward by its growing utility.

The first out of

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