Dogecoin has recently skyrocketed like a rocket —— as soon as the ETF launched, it sold like crazy, with prices soaring, and even institutions came with 300 million cash to buy in. Some experts even said "Reaching 1 dollar is not a dream, it's a math problem"! Just how wild is this operation?
The ETF had an explosive first day: 5.81 million dollars in transaction volume, soaring 140% compared to analysts' predictions!
If we talk about the hottest "newcomer" in the crypto space recently, it has to be DOJE ETF! This is the first Dogecoin ETF in the United States, and on its debut day, it completely stunned the market — in the first hour of trading, it sold 5.81 million dollars, equivalent to over 36 million RMB!
Even more outrageous is that this performance exceeded analysts' predictions by 140%, almost like "the underachiever suddenly scored first in class!" You should know that ordinary new ETFs often take several weeks to reach this liquidity, but DOJE managed it before lunch, faster than a buy-one-get-one-free deal at a bubble tea shop.
Those in the know understand that ETFs are like "the official entrance ticket for cryptocurrencies." Previously, buying Dogecoin required fiddling around on exchanges; now it can be accessed through stock accounts, making it easy for everyone, including seniors. No wonder some say: "This is not issuing a fund; it is clearly opening a VIP channel for Dogecoin!"
Price jumped three levels: 24-hour increase of 13.9%, 7-day surge of 38%, just a breath away from 0.3 dollars!
With the popularity of ETFs, Dogecoin's price directly enters "runaway mode":
🎄In the past 24 hours, it surged 13.9%, equivalent to the cost of a hot pot in a day;
🎄In 7 days, it has accumulated a surge of 38%, which is much more than your salary increase;
🎄Now it has reached 0.2963 dollars, just 0.0037 dollars away from the 0.3 dollar barrier, making people anxious like being just 0.5 points short of passing an exam!
This is the highest price since January this year, and the market is focusing on this key level. Some experienced investors say: "0.3 dollars is like a community access control; rush past and you can take the elevator straight to the top floor!" What excites everyone even more is the statement from the legendary trader – this person who once bought BONK for 16,000 dollars and eventually made 13.7 million dollars said: "The craziness of Dogecoin hasn't started yet; the parabolic phase is just about to begin!"
Institutions are crazy to invest 300 million: 500 million coins are still not enough; they want to buy another 500 million!
Retail investors are going crazy, and institutions have directly started "stock-up mode"! The American company CleanCore recently announced that it secretly bought 500 million Dogecoins within a few days, which is about 150 million dollars at the current price, and they plan to buy another 500 million in the next 30 days, with total investments nearing 300 million dollars!
This operation left netizens dumbfounded: "This is not buying coins, it is clearly wholesale!" You have to know that 300 million dollars can buy over 30 million cups of milk tea. Now, if it is all converted to Dogecoin, do institutions know some insider information? Even more astonishingly, from the weekly chart, Dogecoin's recent rise has left #Solana, #XRP, and #Ethereum, these "top students," behind, clearly becoming the "dark horse" in the altcoin class!
Is reaching 1 dollar not a dream? The expert says this is a "mathematical problem"!
The hottest topic now is: Can Dogecoin really reach 1 dollar? Unipcs bluntly stated that this is not just shouting slogans but "mathematical certainty":
Step 1: ETFs bring in a steady stream of new funds (the first day's popularity has been validated);
Step 2: Institutions continue to increase their positions (CleanCore's 300 million is just the beginning);
Step 3: Break through the key level of 0.3 dollars, triggering follow-up buying.
According to the current momentum, as long as it stabilizes at 0.3 dollars, the next stop could be 0.5 dollars, or even 1 dollar! Some analysts calculated: Dogecoin's market cap is currently about 40 billion dollars, to reach 1 dollar, the market cap needs to triple, which sounds exaggerated, but think about how it surged from 0.002 dollars to 0.74 dollars in 2021; who would dare to say it's impossible?
Summary: Get on board or wait and see? Remember these 3 signals!
Dogecoin now feels like a roller coaster; thrilling but also dangerous. Here are a few key points for the family:
Focus on the 0.3 dollar barrier: if it stabilizes, it's like pressing the rocket launch button; if it falls back, you might have to wait for the next wave;
Watch the ETF fund flow: If DOJE continues to attract funds, it indicates that the official army is still entering the market;
Don't chase the highs! Don't chase the highs! Don't chase the highs! Even if you want to get on board, wait for a pullback to around 0.25 dollars for more stability.
A lone tree cannot make a forest; a solitary sail cannot travel far! In this circle, if you don't have a good network and insider news from the crypto world, I suggest you follow Lao Wang for market trends; he will help you profit and get on board. Welcome to join the team!!!
