In the ups and downs of the cryptocurrency market, Dogecoin (DOGE) has recently become the focus. After several consecutive days of decline, Dogecoin's price has strongly rebounded, showing a robust recovery momentum. On Thursday, Dogecoin's trading price steadily approached $0.28, up about 13% from Tuesday's low of $0.25 within a week, a price trend that has caught the attention of market participants.
The key point of this price rebound is the official launch of the first Dogecoin ETF listed in the United States, which began trading on Thursday. REX Shares - Osprey Dogecoin ETF (stock code: DOJE) was successfully launched on September 18, 2025. This milestone event makes DOGE the first meme coin with a regulated ETF, marking an important step for Dogecoin in the mainstream financial market. The ETF cleverly utilizes the Investment Company Act of 1940, significantly shortening the approval process and successfully avoiding the lengthy review of the Securities Act, creating conditions for a rapid market entry.
On the first day of the Dogecoin ETF's listing, it sparked a warm response from the market, with prices showing a significant upward trend. This event is seen by many analysts as a major turning point in the development of Dogecoin. The U.S. Department of Justice's push on related matters is widely regarded as a shot in the arm for the Dogecoin ecosystem, not only expected to attract a large amount of institutional capital but also granting Dogecoin legitimacy and recognition in the mainstream market. A senior market observer pointed out that with the involvement of Wall Street funds, Dogecoin is gradually shedding its purely meme attributes and transforming into a mainstream asset with more investment value. 'Dogecoin has become the first meme coin on Wall Street to have its own dedicated ETF, which significantly enhances its status in the cryptocurrency realm, making it no longer just a joke token but a serious investment target.'
REX - Osprey Fund's ETF experts even described the swift approval as a 'regulatory breakthrough.' In fact, institutional buyers had already positioned themselves before the ETF listing. On Tuesday, CleanCore Solutions announced it had purchased another 100 million DOGE, bringing its total holdings to over 600 million. Behind these preemptive actions is the continuous improvement in regulatory transparency and strong expectations for the approval of the first U.S. listed Dogecoin spot ETF. It can be said that even before the actual impact of the ETF is fully realized, the demand for Dogecoin has significantly risen at the institutional and corporate levels.
With the successful listing of the Dogecoin ETF, analysts and traders in the market have given extremely optimistic forecasts for Dogecoin's future price movements. Many professionals, based on in-depth analyses of market trends and technical patterns, believe that the launch of the ETF will bring a continuous influx of capital to Dogecoin. A senior analyst described a 'bullish wedge' pattern for DOGE through technical charts and boldly predicted that its price could break through to about $1.40, representing a potential increase of around 400% compared to the current price. Investment analysis platform TipRanks summarized: 'Traders generally believe that if institutional funds flood in, the first Dogecoin ETF is highly likely to drive Dogecoin's price up to $1.40, with some optimists even expecting it to reach $5.' Renowned cryptocurrency trader CryptoELlTES also clearly stated on social media: 'After the Dogecoin ETF is launched, my target price for $DOGE is $5!' This means an astonishing growth potential of about 1600% from the current $0.28 to $5.
Of course, these ambitious target prices are not baseless speculation. The core assumption is that a Dogecoin ETF can attract a large influx of funds similar to what early cryptocurrency ETFs triggered. Historically, the launch of a spot ETF often leads to a surge of capital into the cryptocurrency market, thus strongly driving up prices. Analysts have pointed out that the emergence of DOJE is very likely to assist Dogecoin in entering a mature development stage, akin to the previous U.S. spot cryptocurrency funds that attracted billions of dollars in inflows. If this assumption comes true, Dogecoin's price is bound to usher in a magnificent upward trend.
For the current market, the listing of the Dogecoin ETF provides investors with a new investment avenue. Traders can invest in its price movements through the ETF without having to directly hold Dogecoin. This innovative mechanism greatly expands the investment community for Dogecoin, indicating that large investors will pay more attention and significance to Dogecoin.
Looking back at Dogecoin's price history, its trajectory can be described as thrilling. In 2021, as a highly speculative meme token, Dogecoin's price soared like a rocket, reaching a historic high of about $0.73 in May that year, making it one of the top cryptocurrencies by market capitalization at the time. However, the market then faced sudden changes, and the price plummeted. By mid-2022, Dogecoin's price had dropped over 90% from its peak. For most of 2023, Dogecoin's price was trapped in a sideways trend, lacking significant upward momentum. Until the end of 2024, Dogecoin rallied again, rising to about $0.48 in December. However, afterward, the price trend turned downward again until a recent new round of price increases triggered by the ETF listing.
The listing of the Dogecoin ETF undoubtedly injects new vitality and variables into the cryptocurrency market. Its future price movements depend not only on the capital inflow brought by the ETF but also on a multitude of factors such as overall market sentiment, macroeconomic environment, and changes in regulatory policies. While investors focus on the potential investment opportunities of Dogecoin, they must also remain vigilant about market risks and make investment decisions cautiously. Follow Crypto Old East for more exciting interpretations and the latest news in the cryptocurrency market, helping you seize opportunities in the complex and ever-changing cryptocurrency tide. ##BNBChain生态代币普涨
