Ruvi AI Gains Traction as Dogecoin ETF Influx Rekindles Speculation

The cryptocurrency market has seen a surge in activity with the launch of the Dogecoin spot ETF trading under the ticker DOJE, which attracted approximately $30 million from investors this week. This influx of capital has revived interest in the largest meme token, with its price hovering around $0.1058.

Analysts note that the inflows into Dogecoin are sentiment-driven rather than tied to fundamentals, as the token's value is largely dependent on speculation and attention from investors. In contrast, Ruvi AI's decentralized superapp is gaining traction due to its transparent buyback mechanic and deflationary tokenomics.

Ruvi's platform revenue funds open-market buybacks of its token, RUVI, which are then permanently burned, reducing the circulating supply and making the model deflationary by design. This approach stands in stark contrast to Dogecoin, which has uncapped annual issuance and pays holders nothing for activity.