Mon Nov 24 09:30:00 UTC 2025: Okay, here’s a news article summarizing and rewriting the text:

Dogecoin Jumps on ETF Hopes Despite Musk’s Department’s Demise, Cat Coins Gain Ground

Asian Markets – Dogecoin (DOGE) surged over 3% in Monday’s Asian trading session, bucking the overall market trend and outperforming both the broad crypto market (CD20) and the meme coin index. The rally is primarily fueled by optimism surrounding the imminent launch of Grayscale’s Dogecoin Trust ETF (GDOG), slated to begin trading on the NYSE Arca tomorrow, and potential competition from Bitwise.

This bullish catalyst comes even as whale selling and weak technical indicators suggest near-term price volatility for DOGE. While Bitcoin (BTC) and Ether (ETH) are down significantly on the week, DOGE is attracting attention due to the ETF’s potential to broaden investor access.

Interestingly, the news arrives alongside confirmation that Elon Musk’s Department of Government Efficiency (D.O.G.E), created following a deal between Musk and former President Trump, has been dissolved eight months ahead of schedule. Despite Musk’s historical influence on DOGE’s price movements, the recent surge seems primarily driven by the ETF news.

While Dogecoin continues to generate buzz, a surprising trend is emerging: cat-themed meme coins are outpacing their dog-themed counterparts. Data indicates that the market capitalization of cat-themed coins has grown by 4.2% compared to the 4% gain seen in dog-themed coins. This suggests a potential shift in meme coin preferences within the crypto community.

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