Doge Day: The Dogecoin Community Celebrates Its Iconic Memecoin

This April 20, 2025, Dogecoin holders celebrate the now traditional Doge Day, a holiday born in 2021, parallel to World Cannabis Day. While the DOGE community displays undimmed enthusiasm, a major event could soon redefine the landscape of this iconic cryptocurrency: the potential approval of a Dogecoin ETF by the US SEC.

Doge Day is celebrated on April 20, 2025, by the Dogecoin community, four years after its creation.

Dogecoin remains the 8th cryptocurrency in the world despite a daily inflation of $2.16 million.

Its low price remains attractive to small investors, according to expert Anndy Lian.

Four Dogecoin ETFs are pending SEC approval, with decisions possible as early as May.

An approval could triple the price of DOGE, attracting institutional capital.

A memecoin with an impressive capitalization

The Dogecoin community is celebrating Doge Day this April 20th, a day dedicated exclusively to DOGE. For four years, this tradition has blended humor, memes, and passion for this iconic cryptocurrency. However, this day could be marred by the disastrous daily inflation of more than $2.16 million. Approximately 14.4 million DOGE are created each day, prompting frequent criticism of its inflationary economic model.

However, this inflation also represents an advantage for some individual investors. Blockchain expert Anndy Lian explains:

While Doge Day is in full swing, the community is keeping a close eye on the SEC. In fact, no fewer than four Dogecoin ETF applications are currently under review: Bitwise, Grayscale, 21Shares, and Osprey. Key decisions are expected between May and October 2025.