Shocking! BlackRock may launch a Dogecoin ETF, with prices aiming for the peak of $50!
Speaking of Dogecoin, everyone has been quite concerned lately, especially after hearing that BlackRock, this major asset management company, might apply for a DOGE ETF this year. The price of Dogecoin might just surge straight to $50!
BlackRock has been doing quite well with Bitcoin and Ethereum ETFs, managing an enormous amount of money. If it extends its reach to a Dogecoin ETF, who wouldn't be excited? Many people believe that BlackRock has the strength and experience; with them in the mix, Dogecoin's price is sure to rise.
Furthermore, Grayscale, another investment company, has also taken the initiative by setting up a Dogecoin trust for institutional giants. I've heard that the SEC has officially taken over Grayscale's Dogecoin ETF application, making this matter seem increasingly credible.
Just look at Dogecoin's price; it's been quite strong recently, rising by two to three percent in a single day.
Some bold individuals are saying that Dogecoin could rise to $1 this time; even more crazily, some believe that if BlackRock steps in, Dogecoin could soar to $50 in the long term!
However, to be fair, whether BlackRock will actually apply for a DOGE ETF this year is still uncertain. After all, aside from Bitcoin and Ethereum, they haven't dealt with other cryptocurrencies yet. BlackRock might have some reservations about altcoin ETFs, especially since the SEC has been keeping a close eye on this area.
Next, I will prepare some suitable coins for bottom fishing as a recovery plan. If you're feeling lost and helpless, leave a message for me to see you; choices matter more than effort!
