Dogecoin's Coronation Moment: The First DOGE ETF Ushers in a New Era of Meme Asset Mainstreaming

Triumph for Supporters – A Bottom-Up Financial Revolution

In the eyes of supporters, the launch of the Dogecoin ETF is a great victory for bottom-up, community power. It eloquently proves that in the world of Web3, the social consensus and cultural values of a large, loyal, and active community are no less important than complex technical white papers or grand business plans.

The final victory of community power Maja Vujinovic, head of digital assets at FG Nexus, noted that Dogecoin's ability to get ETF approvals ahead of other altcoins clearly demonstrates "the community's ability to push assets into a compliant financial structure." This is no longer just a game dominated by the tech elite or venture capitalists, but a successful reverse output of popular culture forces to Wall Street and regulators. It validates a core concept of Web3: value can be co-created and defined by users and communities, rather than given by centralized...

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