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Despite a fluctuating market, Dogecoin (DOGE) is showing bullish signs and could be heading for a significant price breakout, according to crypto analyst Ali Martinez.

The Japanese firm Metaplanet has significantly expanded its bitcoin treasury, acquiring an additional 518 BTC for approximately $61.4 million.

Dogecoin, the original meme coin, is being challenged by PENGU, a new Solana-based token from the Pudgy Penguins NFT project.

According to unconfirmed reports, the cryptocurrency firm Paxos is seeking a U.S. trust bank license. This move could significantly broaden its operations and influence in the stablecoin market, though the company has not yet made an official announcement or filing.

The Trump administration is pushing hard to establish the U.S. as a global leader in cryptocurrency, with the president recently reiterating his bullish stance on Bitcoin and altcoins.

Avalanche (AVAX) is showing a strong technical setup, having formed a double bottom on its weekly chart, a pattern that often signals a reversal.