According to Fox News, US Representative Mike Flood publicly praised Dogecoin (DOGE) for its significant achievements over the past three months, highlighting the cryptocurrency's rapid growth and mainstream recognition. Flood emphasized, however, that for DOGE and the broader crypto market to sustain momentum and credibility, Congress must advance comprehensive regulatory frameworks. This statement signals increased political attention to crypto assets and may drive heightened volatility and trading opportunities for DOGE in the short term, as regulatory developments directly impact investor sentiment and market liquidity (Source: Fox News, May 31, 2025).