Much institutionalization? Dogecoin's surge has been fueled by more than just retail traders

Quick Take

  • Dogecoin has surged over the last few months as retail traders flock to the popular meme coin.
  • In some corners of the market, there are signs of institutionalization. 
Retail investors have mostly been behind the stratospheric rise this year in the price of dogecoin. But some institutions are jumping in, too.

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