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💹 Larry Ellison Overtakes Elon Musk as World’s Richest! Oracle’s stock has been on fire, fueled by the global AI adoption wave and major cloud partnerships. This rally skyrocketed co-founder Larry Ellison’s net worth, putting him ahead of Elon Musk in the billionaire rankings. 🔹 Oracle stock rally → Ellison’s wealth surges 📈 🔹 Tesla shares under pressure → Musk slips 📉 🔹 Billionaire leaderboard reshuffled overnight 🌍 For traders, this highlights how AI-driven momentum is shaping not just markets, but also the wealth game at the very top.

🐕📈 || Dogecoin ETF Debut: Speculation or Mainstream Milestone for Crypto?” The approval of the first U.S. Dogecoin ETF (DOJE) marks a historic yet controversial moment in the crypto industry. While some view it as validation of community-driven assets, others argue it institutionalizes speculation in a meme-born token. Let’s explore the implications 👇 --- ◆ A First-of-Its-Kind Approval The Rex-Osprey Dogecoin ETF (DOJE) is the first U.S. ETF for Dogecoin. Unlike Bitcoin ETFs approved under the Securities Act of 1933, DOJE gained approval under the Investment Company Act of 1940, a framework usually reserved for mutual funds and diversified ETFs. --- ✦ How the ETF Works BlackRock’s spot Bitcoin ETF holds BTC in custody. DOJE, however, gets exposure through a Cayman Islands subsidiary and derivatives, since 1940 rules require diversification. This makes DOJE a unique structure compared to standard spot ETFs. --- ➤ The Speculation Debate Critics argue: Dogecoin was created as a joke. Its unlimited supply undermines long-term scarcity. Investors could simply buy DOGE directly without paying ETF management fees. Supporters counter: Dogecoin has matured into a top-10 cryptocurrency by market cap. An ETF introduces custody, compliance, and transparency, opening the door for institutional money. --- ◆ Why Dogecoin and Not Others? Out of 92 crypto ETF applications pending with the SEC, Dogecoin’s approval has surprised many. It leapfrogged projects with deeper use cases, sparking frustration among developers of more “serious” blockchains. Yet, some analysts highlight that community-driven momentum was a decisive factor. Dogecoin’s cultural presence, media exposure, and Elon Musk’s backing gave it an edge over technically advanced but less visible projects. --- ✦ Tokenomics Concerns DOGE has no maximum supply, unlike Bitcoin’s 21M cap. Around 5 billion new DOGE are minted each year. Analysts warn this inflationary model risks undermining long-term value. --- ➤ A Gateway for More Memecoin ETFs? The approval of DOJE doesn’t mean the floodgates are open. Regulatory requirements for liquidity, surveillance, and custody readiness remain barriers. However, Rex-Osprey already has filings for Trump (TRUMP) and Bonk (BONK) ETFs, signaling more memecoin products could follow. --- ◆ Blurring the Line Between Meme & Market The DOGE ETF raises a fundamental question: Are memes now a legitimate part of finance? Supporters: ETFs bring legitimacy and broaden adoption. Skeptics: Wrapping a meme in an ETF doesn’t change its fundamentals — it just makes speculation look professional.$DOGE --- ✦ Final Takeaway The launch of the Dogecoin ETF reflects a paradox of crypto: innovation and entertainment are deeply intertwined. Whether DOJE becomes a milestone for adoption or a symbol of institutionalized speculation, one thing is clear — memecoins are no longer just internet jokes; they’re stepping onto Wall Street. ---

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🚨 BREAKING: Oracle founder Larry Ellison’s net worth surged +$107B to $400B, surpassing Elon Musk to become the world’s richest person as $ORCL jumps +43% today.