Dogecoin Price Rallies 20%: Key Reasons Behind DOGE's Recent Jump

Dogecoin, an emblematic creation born from an internet meme, has experienced a remarkable surge of 20% in recent trading sessions, capturing the attention of investors amidst a broader downturn in the cryptocurrency market. This surge comes at a pivotal moment as Coinbase Derivatives, the derivatives arm of the renowned US-based crypto exchange, announces its intention to introduce cash-settled futures contract products for Dogecoin (DOGE) by April 1.