### **Dogecoin (DOGE) Update: SEC Delays ETF, What to Watch Out For?**
#### **š DOGE Price Down 2.5% After ETF Delay**
- **SEC delays DOGE ETF decision (Bitwise)** until **June 17, 2025**, with a deadline of October 2025.
- **DOGE is now at $0.1751** (down 4% weekly, but still up 26% in a year).
- **Analysts had already anticipated the delay**, so it is not too surprising.
#### **š Technical Analysis: DOGE Still Has Potential for a Comeback**
- **RSI (50+)** indicates momentum is starting to improve.
- **30-day Moving Average (orange)** is starting to rise, approaching **200-day MA (blue)**.
- **Price targets**:
- **$0.30** (medium-term)
- **$0.70** (end of the year if ETF is approved).
#### **š® Opportunities & Challenges for DOGE**
ā **Polymarket predicts a 69% chance DOGE ETF will be approved in 2025** (up from 52% last week).
ā ļø **If the ETF fails, DOGE may stagnate** ā some traders might shift to new altcoins.
#### **š” Potential Alternative: Solaxy (SOLX)**
- **Layer-2 Solana** with low fees & high speed.
- **SOLX presale has raised $32.4 million**.
- **Current price is $0.00171**, but it will rise in 2 days.
### **š Conclusion**
- **DOGE still has good prospects**, but needs to monitor ETF developments.
- **Solaxy (SOLX) could be an interesting alternative** for diversification.
- **If the ETF is approved, DOGE could rally strongly!**
