A Draft Bill Would Give Dogecoin The Same Legal Status As Bitcoin, Are Meme Coins Back?
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No.
Shit, this seems like a joke. I thought DOGE was done, weren’t we done with that? Like, it’s a dead meme. I know that everyone was praying for the great meme reset of 2026, but it hasn’t happened. We’re not going back to DOGE and pepe and all that garbage, it’s cringe guys, please, let it die…
Except, NO! Because the Senate Banking Committee’s newest draft legislation would create non-ancillary asset classification (whatever that means) for XRP, Solana, Dogecoin and Bitcoin, basically putting them all on a level legal footing.
It’s what the founding fathers would have wanted
I mean, all this is probably a good thing. I know the whole point is deregulation and decentralisation and a lack of government interference and all that but also all you crypto bros also want this to be taken seriously and used as a proper currency.
So here we are, this is one more step toward legitimacy. Litecoin, Hedera, Dogecoin, Chainlink, XRP, Solana and BiGbuttCoin will all get the same regulatory treatment as Bitcoin and Ethereum.
It really is the year of the Dogehwwhh (sorry, I just vomited in my mouth a little) with a soaring price, beating out Bitcoin just a few days ago.
Likewise Ethereum is predicted to hit $40,000 by 2030 and Bitcoin will ATH this year according to Standard Chartered.
No doubt this latest news will add to their gains too.
So that’s exciting.
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