Will Dogecoin (Doge) be a cash-settled futures contract?
As a cryptocurrency and finance practitioner, I'm interested in understanding the potential for Dogecoin (Doge) to evolve into a cash-settled futures contract. Could you elaborate on the likelihood of this happening? Given Dogecoin's unique market positioning and its growing community, how do you see the potential for it to transition into a futures market, where investors can hedge their positions and speculate on future price movements? Additionally, what factors would need to be considered for such a transition to occur, and what challenges might arise in the process?