Doge Day: The Dogecoin community celebrates its iconic memecoin
On April 20, 2025, Dogecoin holders celebrated the already traditional Doge Day, a festive day that started in 2021. While the DOGE community shows unwavering enthusiasm, a major event could soon redefine the landscape of this iconic crypto: the possible approval of a Dogecoin ETF by the U.S. SEC.
For the past 4 years, this tradition mixes humor, memes, and passion for this iconic crypto. However, this day could be overshadowed by the disastrous daily inflation of over 2.16 million dollars. Approximately 14.4 million DOGE are created every day, generating frequent criticism of its inflationary economic model.
While Doge Day is in full swing, the community keeps a close eye on the SEC. In fact, no fewer than four applications for a Dogecoin ETF are currently under review: Bitwise, Grayscale, 21Shares, and Osprey. Key decisions are expected between May and October 2025.
-Bitwise: possible response starting May 18.
-Grayscale: decision expected by May 21 at the latest.
-21Shares and Osprey: still in pre-examination phase.
The approval of a Dogecoin ETF by the SEC could propel the memecoin to new heights. According to analysts, such a decision would attract massive institutional investments, increasing DOGE's liquidity and credibility. Some estimate that the price could rise to 0.30 dollars or even triple, depending on the volume of inflows.
