Dogecoin ($DOGE) is once again stealing the spotlight, this time backed by Wall Street enthusiasm! The very first Dogecoin ETF launched in the U.S. has set records on day one. Within just the first hour of trading on the CBOE, the ETF clocked in over $6 million in volume — nearly 6x the average debut volume for traditional ETFs. 📈🔥
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🔹 ETF Opens a New Era
This isn’t just hype — it’s a major milestone for DOGE. The debut proves that institutional and traditional investors are officially embracing meme coins. If history is any guide, big catalysts like this often reset DOGE’s price floor permanently. Remember January 2021? From $0.007 to a 423% jump in one day, never looking back under 1 cent, instead building support around $0.03-$0.05.
The ETF could deliver a similar wave of liquidity and long-term revaluation. 🚀
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🔹 Key Price Levels
Analysts, including Ali Martinez, highlight these crucial zones:
👉 Breakout above $0.29 = new bullish cycle begins.
👉 First targets: $0.36 – $0.45, with potential to form a new higher support range.
Based on ETF inflows, I personally expect DOGE to challenge $0.45 this quarter. 💎🐶
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🔹 Regulation & Sentiment
The SEC is reviewing more ETF applications (Grayscale, Bitwise, etc.) with updates due in mid-October. A wave of approvals could further unlock meme coin potential. Meanwhile, the crypto market as a whole is warming up with a +2% daily gain, boosting sentiment across the board.
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🔹 Ripple Effect on New Projects
DOGE’s hype is already spilling over. New meme-based projects like Pepenode, blending P2E and meme culture, have raised $1.6M in presales, showing retail excitement is alive and well.
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📌 Summary: The Dogecoin ETF debut is a historic catalyst. If DOGE can hold above $0.29 and push through $0.36, the path to $0.45 and beyond looks wide open. This could mark the beginning of a new long-term bull chapter for the king of meme coins. 🚀🐕💰
#DOGE #ETF #CryptoAlert #BİNANCESQUARE
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