U.S. Senate crypto bill pushes Dogecoin up 8%, but reforms are far from complete

2026-01-17 13:00:12

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【Crypto World】Recently, the draft cryptocurrency bill in the U.S. Senate has caused a ripple in the market. After the announcement, Dogecoin immediately surged by 8%, and the market reaction can be described as quite敏锐.

The core reason is quite clear—the draft involves asset classification issues. According to the bill, assets that already have spot ETF support and are listed on exchanges (such as Dogecoin) may be incorporated into a relatively friendly regulatory framework, avoiding being labeled as “auxiliary assets,” which is a more stringent tag. For holders of such assets, the classification differences directly affect trading freedom and future liquidity.

However, investors need to stay calm. Although the upward trend looks promising, this bill is still in the draft stage, and there is still significant room for changes. More importantly, the bill addresses regulatory identity issues but avoids the real challenges faced by Dogecoin itself—the limited application scenarios and stagnant ecosystem growth. Short-term policy benefits can boost prices, but long-term value still depends on the project’s own development.

DOGE0.9%

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TokenRationEater

· 1h ago

You're excited even before the draft has passed; this wave of DOGE might just be a short-term bait. The Doge ecosystem remains the same; regulatory friendliness ≠ promising project. Wake up. Theoretically positive, but let's wait until it actually materializes... It's too early to hype now.

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HappyMinerUncle

· 7h ago

It's just a draft, don't get too excited. This 8% increase is just hype. The ecosystem remains stagnant. So what if regulations are friendly? Doge is still that dog. Let's wait until it actually lands before talking. Right now, it's just a signal for the leeks to take the bait. This is the core issue—classification optimization does not equal the emergence of application scenarios.

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SingleForYears

· 7h ago

It's another bill that's good news, but once it actually gets implemented, it'll probably get shot down again.

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StealthDeployer

· 7h ago

Another hype news, let's wait until it actually lands, now it's just 8%, uh... --- Honestly, regulatory friendliness ≠ promising coins. The issue with Dogecoin isn't the bill at all. --- They started celebrating during the draft stage. These people really should calm down. --- The ecosystem is stagnant and they still want to rely on policies to boost the market? Dream on. --- Excited about 8 points? The market sentiment really can't hold up. --- Having a good regulatory framework is useless if there's no application scenario. Who's buying if there's no use case? --- The bill isn't even official yet, but it seems like it's already settled. Laughable. --- Wait, so Dogecoin is now relying on this set of things to support it? --- I think after this wave of rise, it will fall back. Don't get caught off guard. --- The problem isn't the classification; it's what this coin actually does, really.

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