Dogecoin price could surge by 200% as the SEC reviews multiple ETF applications, fueling speculation of a breakout beyond its all-time high of $0.739. Analysts predict DOGE could reach anywhere between $3 and $10 if an ETF gains approval.
Dogecoin ETF Filings Fuel Market Optimism
With major financial firms like Grayscale Investments, CoinShares, and WisdomTree submitting Dogecoin ETF applications, market sentiment is shifting bullish. The SEC has officially acknowledged Grayscale’s filing, marking the start of its formal review process. If approved, a Dogecoin ETF could attract institutional investment, significantly boosting liquidity and price action.
Regulatory attitudes toward cryptocurrencies seem to be evolving. The SEC recently dropped its lawsuit against Coinbase, a move that some interpret as a softening stance on crypto regulations. This shift has fueled optimism regarding ETF approvals for altcoins like XRP, Litecoin, Hedera, and Dogecoin. Analysts argue that an approved DOGE ETF could be a game-changer, driving a major rally in the token’s value.
Analysts Forecast DOGE Price Ranges from $3 to $10
Several prominent analysts foresee substantial price increases for Dogecoin in the coming months. Javon Marks projects a strong bullish trend, while Basic Trading identifies key levels at $0.2, $0.5, and $5, pointing out that DOGE has historically seen massive surges during previous bull cycles.
Crypto analyst Ali Martinez suggests that if Dogecoin maintains support between $0.16 and $0.19, it could rally as high as $3. Likewise, Trader Tardigrade has drawn comparisons between DOGE’s current market structure and the 2017 bull run, hinting at a potential rise to $1.7.
Other experts have set even higher price targets. Dima Potts argues that if Dogecoin follows its historical trend, it could reach $10 in a strong bull market. Many traders remain optimistic that DOGE could exceed its previous all-time highs, making the potential ETF approval a pivotal catalyst for explosive growth.
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