Why are Bitcoin and Ethereum reaching new highs while Dogecoin struggles?

Bitcoin and Ethereum have recently set new highs, reflecting investor interest in cryptocurrencies with practical use cases. Meanwhile, Dogecoin remains over 70% lower than its peak, as institutional investors shift focus away from meme coins.

Experts highlight that Dogecoin’s lack of use cases contributes to its current struggles. While potential ETF approvals may generate interest, the long-term viability of Dogecoin is uncertain, limiting its appeal to serious investors.

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