Dogecoin Surges 9% As Dogecoin ETF Launch Nears

Zinger Key Points

Dogecoin DOGE/USD has surged above 23 cents as anticipation builds around the launch of the first Dogecoin ETF this week.

CryptocurrencyTickerPriceMarket Cap7-Day Trend
DogecoinDOGE/USD$0.2353$35.5 billion+8.6%
Shiba InuSHIB/USD$0.00001273$7.5 billion+3.7%
PepePEPE/USD$0.00001012$4.3 billion+4%

Trader Notes: Prominent analyst Kevin highlighted Dogecoin's monthly stochastic RSI crossovers, which have historically signaled clear moves in both bull and bear markets.

He stressed that continuation hinges on macro factors such as Fed policy, inflation, and labor data.

Crypto chart analyst Ali Martinez pointed to the TD Sequential flashing a sell signal, warning of a potential short-term retracement if DOGE fails to hold key support.

Trending Crypto Products
Earn Up to 3% Back in Bitcoin and Crypto on Every Purchase You Make
Earn Up to 3% Back in Bitcoin and Crypto on Every Purchase You Make
Invest Your IRA or 401(k) in Real Estate, Crypto, and More with IRA Financial
Invest Your IRA or 401(k) in Real Estate, Crypto, and More with IRA Financial

Javon Marks drew on historical cycle data, suggesting DOGE could surge from ~$0.23 to $2.28+ (an 860% gain) if past bull cycles repeat and macro conditions remain favorable.

Another trader Astekz noted that recent developments around Dogecoin Digital Asset Treasury (DAT) could position DOGE beyond meme coin status, attracting institutional capital and speculative flows.

Community News: ETFPrime Podcast host Nate Geraci stated that the first Dogecoin ETF, Rex-Osprey DOGE ETF (DOJE), is likely to launch this week.

He added that the next two months could be "wild" for crypto ETF launches. The speculation has fuelled momentum across the meme coin sector.

Read Next: 



DOGE/USD Logo
$DOGEDogecoin - United States dollar
$0.20021.99%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
88.89
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...