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Cryptocurrency News Articles

Dogecoin ETF Ignites 42% Surge & VeChain Forms Bullish Setup as Unstaked Draws Crowds With a $1M Giveaway

May 21, 2025 at 03:30 am

Crypto markets are heating up again, but this time it's not just Bitcoin pulling headlines. Three projects, Dogecoin, VeChain, and Unstaked, are dominating conversations

Dogecoin ETF Ignites 42% Surge & VeChain Forms Bullish Setup as Unstaked Draws Crowds With a $1M Giveaway

Crypto markets are heating up again, but this time it’s not just Bitcoin pulling headlines. Three projects, Dogecoin, VeChain, and Unstaked, are dominating conversations for entirely different reasons. The SEC’s recognition of a Dogecoin ETF has triggered a sharp price jump, while VeChain (VET) bullish trend patterns point toward an extended rally.

Meanwhile, Unstaked is drawing a rapidly growing crowd with its $1 million giveaway and over $6.3 million raised in presale. Together, they’re forming a new narrative in the top trending crypto market; one that blends regulation, technical indicators, and active user participation.

As each project moves on its own path, investors are now taking a closer look not just at the charts, but at what’s driving momentum beneath the surface.

Dogecoin ETF Sparks Strong Market Reaction

The announcement that the U.S. Securities and Exchange Commission (SEC) has officially acknowledged a Dogecoin ETF filing by asset manager 21Shares sent immediate shockwaves through the market on Monday. The ETF proposal, filed on April 9, is designed for institutional investors seeking direct price exposure to the memecoin.

With a review period that could span up to 240 days, this marks the first formal step and could be crucial for memecoin investing in 2024. The ETF, which is still pending approval, will track the price of DOGE and allow for efficient investment in the cryptocurrency through traditional financial channels.

The response has been swift. Dogecoin rose 6.29% in 24 hours to $0.2404, erasing both short-term and long-term losses. Over the past week, DOGE posted a staggering 42.19% price gain, as market participants reacted not just to the ETF announcement but also to growing confidence in crypto under a pro-industry U.S. administration.

Market analysts now place $0.27 as a short-term price target for DOGE, provided it maintains support above $0.22. Otherwise, a steeper correction toward $0.19 could occur. The Dogecoin ETF conversation isn’t just sparking price action, it’s reintroducing DOGE as a serious institutional asset in the top trending crypto space.

Vechain (VET) Bullish Trend

While Dogecoin benefits from regulatory optimism, Vechain (VET) is gaining attention for a completely different reason: technical momentum. After jumping 27% last week, the altcoin is now showing signs of a potential 89% rally, according to technical patterns confirmed by analysts.

Vechain is forming an inverted head-and-shoulders pattern, often seen as a bullish reversal indicator in technical analysis. The neckline of this pattern is at $0.032, and if breached, the price is projected to reach $0.061, surpassing even the 78.60% Fibonacci retracement level at $0.058.

At the moment, VET trades around $0.029 following a 4.65% intraday pullback, largely due to market-wide corrections after Bitcoin slipped below $103,000. Yet, the Vechain bullish trend remains intact, as the asset maintains support above the 100-day EMA, with a pending positive crossover of the 50-day and 100-day EMAs.

However, not all signals are aligned. A possible bearish crossover in the MACD and signal lines introduces a short-term cautionary tone. Still, for many technical traders, Vechain’s current structure places it firmly among the top trending crypto plays to watch.

Unstaked’s $1M Giveaway Fills Presale Quickly As Token Surprises

Unlike Dogecoin, which is largely driven by meme culture, and Vechain (VET), which is focused on technical analysis, Unstaked is attracting attention for different reasons: a rapidly growing community, tangible incentives, and a product architecture built for utility.

Despite not being a meme token, Unstaked has successfully attracted investors from the meme-era tokens by channeling their energy into structured, purpose-driven engagement. This is evident in Unstaked’s presale, which has now surpassed $6.3 million.

The project’s core framework combines AI-powered intelligence systems with decentralized finance tools, positioning users as participants rather than passive holders. Its Proof of Intelligence model rewards informed contributions, aiming to foster long-term value creation.

DeFi accessibility, clear liquidity protection, and upcoming integrations with utility-driven applications place Unstaked on a sustainable path forward. The centerpiece of its community push is the $1,000,000 competition, offering 20 winners $50,000 each in $UNSD for completing social tasks, inviting others, and contributing at least $100.

With a

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