- The potential launch of the Dogecoin ETF in 2025 is gaining momentum, fueled by the successes of the Bitcoin and Ethereum ETFs in 2024.
- A 230% rise in DOGE price over 34 days signals strong bullish momentum and growing investor interest.
- Experts predict DOGE will reach $3, with favorable regulatory changes and ETF approval driving future growth.
The potential debut of a Dogecoin ETF in 2025 has garnered considerable attention, particularly after the successful launches of Bitcoin and Ethereum ETFs in 2024. With the rise of a pro-crypto administration led by President-elect Donald Trump and the With the growing mainstream adoption of cryptocurrencies, many are speculating that Dogecoin could be next in line for an ETF debut.
Currently, Dogecoin ranks as the seventh largest cryptocurrency, valued at $60 billion. This is far from just a joke. The current regulatory environment makes it a strong contender for an ETF. ETF Store President Nate Geraci sharing a quote from Bloomberg analyst Eric Balchunas on X, stating: “Today’s satire is tomorrow’s ETF.” » Geraci added: “Could we see a DOGE ETF in 2025? Maybe.
ETF Speculation Fuels Dogecoin’s Rise
Speculation surrounding a potential Dogecoin ETF has sparked a bullish rally in its price. Reports of an ETF filing coincided with a 6.02% price rally in just 24 hours, pushing DOGE to $0.4305. Over the past 34 days, DOGE’s value has soared 230%, from $0.13 to $0.43. This upward trajectory has attracted the attention of top traders and analysts, who are highlighting strong technical patterns pointing to further gains.
Legendary trader Peter Brandt and crypto analyst @Kultigin83 have identified a “continuation flag in progress” on the DOGE/USD chart, a pattern that suggests bullish momentum remains robust. According to their analysis, the price could reach a target of $0.66 if the pattern plays out successfully. Brandt confirmed the observation, noting“Yes, if this is completed, it would indeed be considered a continuation flag in progress.”
The running continuation flag pattern usually forms during strong uptrends. This is a brief consolidation phase before the price resumes its rise. DOGE formed a flag pattern after rising from below $0.19 to $0.39, creating the pole. The consolidation phase saw the price fluctuate between $0.340 and $0.48, creating the flag itself. Analysts predict a breakout around the $0.50 mark, with potential targets of $0.66 to $0.70 depending on the height of the pole.
Experts Predict Dogecoin to Hit $3
Beyond technical analysis, some experts predict even greater gains for Dogecoin. Crypto Scofield, a prominent market commentator, has with complete confidence predicted a future rally that could propel DOGE to $3. Another analyst, Ash Crypto, another expert, predicts that DOGE could achieve this bold goal within six months to a year.
With regulatory changes looming, including the expected departure of SEC Chairman Gary Gensler in 2025, the path forward for approval of a Dogecoin ETF appears more promising. If these factors align, DOGE could not only secure its place in the ETF market but also maintain its bullish momentum, providing substantial returns to investors.
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