Dogecoin ETF Hype Sparks Price Surge and Bold Predictions
Dogecoin jumped 2.3% in 24 hours to $0.173 after Nasdaq filed to list the 21Shares DOGE ETF, triggering fresh excitement in the crypto market. Over the past week, DOGE outperformed major coins with an 11.9% gain, fueled by hopes that a DOGE ETF could mirror the success of Bitcoin ETFs.
Bitcoin ETFs have attracted over $40 billion since January. If Dogecoin ETFs draw just 30% to 50% of that, analysts predict DOGE could rise to between $0.34 and $0.50 — a potential upside of up to 190%.
The 21Shares ETF would hold DOGE directly, and with a June 15 SEC decision looming, traders are watching closely. If approved, DOGE could shift from meme coin to mainstream financial asset, drawing billions in institutional inflows.
