$DOGE
🚨Dogecoin (DOGE) Eyes ETF Hopes🚨
Dogecoin is showing more resilience than SHIB, but the bullish case still hinges on speculation.
The Dogecoin price is holding steady near the $0.21 support, despite experiencing a pullback from its local top at $0.25.
Dogecoin futures Open Interest recently surpassed the $3 billion milestone, reflecting renewed trader confidence. Meanwhile, analysts like Ali Martinez believe Dogecoin is forming a bullish flag on lower timeframes – preparing for a potential 40% upside.
For these bullish predictions to materialize, Dogecoin needs stronger trading volume. As of August 19, Dogecoin is trading for $0.22 following a minor 1.13% intraday decline.
Beyond futures activity, Grayscale has recently filed an application for a Dogecoin ETF. If approved, this would make Dogecoin the first meme coin to secure a US-listed ETF, legitimizing meme coins and opening doors for broader institutional participation.
