#DogeETF is here! On 9/11, will the memecoin explode in the fourth quarter? 💥
Breaking news! The DOGE ETF (DOJE) launched by REX-Osprey will officially debut on September 11! Various rumors about the Dogecoin ETF have finally materialized, and FOMO sentiment has skyrocketed 🔥
This fund is unleveraged and is the first ETF in the U.S. linked to 'non-utilitarian assets.' The craze for ETFs and DAT (Digital Asset Treasury Bonds) is heating up—currently, the SEC has over 30 crypto ETFs pending approval, including TRUMP, PENGU, and other memecoins. Every time an ETF launches, it could attract retail and institutional investors to jump in madly 📈
Looking at the technicals, #DOGE is also strong! The price has broken through key trendlines, with bullish outlooks in the short, medium, and long term. The Ichimoku Cloud shows it is firmly above the cloud and baseline 💪 Since the low point on 7/27, DOGE has reached new highs. There is a risk of large-scale short liquidation (about 45 million USD DOGE around 0.267 USD), while 36 million USD high-leverage longs are driving the price up 💥
Additionally, DAT is also making significant moves. CleanCore Solutions has added 285 million DOGE, expected to increase to 1 billion next month, accounting for nearly 5% of the circulation. Historical seasonal trends also indicate that memecoins may see a rebound by the end of the year 📊
To summarize: Under the dual hype of ETF + DAT, DOGE has already become the 'leader' of the memecoin rebound 🐕🔥, and may continue to gain strength in the coming weeks of the fourth quarter.