June 12, 2025 at 21:00 Dogecoin latest price

(24-hour Dogecoin price trend)

Okay, here's an article draft based on the information you provided. I've aimed for readability and a slightly more engaging tone, keeping in mind the speculative nature of cryptocurrency news.

Dogecoin (DOGE) Surges Amid Musk-Trump Reconciliation Rumors and ETF Hopes

June 12, 2025, 21:00 – Dogecoin (DOGE), the meme-inspired cryptocurrency, is experiencing a renewed surge in interest, fueled by a combination of market dynamics and speculation surrounding potential catalysts. Currently priced at $0.18809671111321, with a 24-hour trading volume of $1,305,205,802.6481, DOGE has seen its price decrease by 6.44% in the last 24 hours.

Despite the price decline, recent positive sentiment has been palpable. A circulating supply of 149,654,936,383.71 DOGE contributes to a circulating market cap of $28,149,601,335.632.

The recent excitement surrounding Dogecoin can be attributed to a confluence of factors:

• "Musk-Trump Reconciliation" Sparks Rally: Rumors of a potential reconciliation between Elon Musk, a long-time Dogecoin advocate, and Donald Trump have ignited the market. Speculation suggests that a renewed endorsement from either figure could significantly boost DOGE's visibility and appeal, mirroring past instances where Musk's tweets sent the cryptocurrency soaring. Reports indicate that this potential "meeting of the minds" contributed to a single-day surge of 6% in DOGE's price.
• ETF Approval Hopes Soar: The prospect of a Dogecoin Exchange-Traded Fund (ETF) has become a major talking point. Analysts are now estimating an 80% probability of SEC approval for a DOGE ETF, a development that would open the cryptocurrency to a wider range of institutional and retail investors.
• Liquidation Clearance and Bullish Sentiment: Recent data suggests that a significant amount of leveraged positions – reportedly $4.6 billion worth – have been liquidated, potentially clearing the path for a more sustainable upward trend. This "bottoming out" phase has emboldened bullish investors, who are now eyeing ambitious price targets.
• **Eyes on $0.70 and Beyond:** Fueled by the recent positive developments, some analysts are predicting a substantial rally for Dogecoin, with a near-term target of $0.70. The more audacious are even suggesting a potential surge to $1, representing a historic 2670% increase from current levels. This optimism is based on the belief that a DOGE ETF approval could usher in a new era of mainstream adoption.

SEC's Role in the Spotlight

The Securities and Exchange Commission (SEC) remains a key player in Dogecoin's future. The timing of a potential DOGE ETF approval is uncertain, but some believe that the SEC may be inclined to expedite the process, potentially paving the way for a faster-than-expected rally.

Disclaimer: Cryptocurrency investments are inherently risky. This article is for informational purposes only and does not constitute financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.