Dogecoin and Shiba Inu Explode: New ETF Launch Sparks Wild Market Frenzy

Meme coins break into mainstream finance as ETF approval sends shockwaves through crypto markets.

Market Mayhem Unleashed

Dogecoin and Shiba Inu just got the institutional stamp of approval—and traders are going absolutely wild. The newly launched ETF products triggered immediate buying pressure, sending both assets on a vertical climb that left traditional finance veterans scratching their heads. Volume spikes hit unprecedented levels as retail and institutional money flooded in simultaneously.

The ETF Effect

This isn't just another crypto pump—it's structural validation that even joke assets can become serious business when wrapped in enough financial engineering. The launch demonstrates how quickly Wall Street will embrace anything that generates fees, even if it started as an internet meme. Trading desks that once mocked dog-themed tokens now scramble to allocate capital alongside diamond-handed retail investors.

New Reality Check

While purists debate whether institutional adoption defeats crypto's decentralized ethos, pragmatists count their gains. The market's response proves that liquidity trumps ideology every time—and that traditional finance will happily monetize even the most unlikely assets if there's profit to be made. Just don't expect the bankers to understand the memes behind the money.

The REX-Osprey DOGE ETF is set to begin trading today, sparking notable activity in Dogecoin’s trading volume and price chart. Meanwhile, on the shiba inu front, short-term resistance thresholds are being closely monitored.

ContentsDogecoin’s Resistance Test Ahead of ETF LaunchShort-Term Price Outlook for Shiba Inu

Dogecoin’s Resistance Test Ahead of ETF Launch

Dogecoin$0.250826 has seen a rise of over 15% in the past week, climbing to $0.2494. Intraday trading has reached $0.253, and traders are focusing on the $0.2680 level. However, trading volume has decreased by more than 11%, dropping to $3.24 billion, which serves as a critical indicator for price movement.

The launch of the ETF is expected to make Dogecoin more accessible to both individual and institutional investors. This could potentially stimulate buying and selling activities. Dogecoin previously surged to $0.4672 in December 2024 and reached an all-time high of $0.7376 in May 2021. The market is keenly observing the impact of the new ETF on its price.

Short-Term Price Outlook for Shiba Inu

Shiba Inu has risen by 1.53% over the last 24 hours, reaching $0.00001310. The memecoin has tested resistance at the $0.00001320 level on the hourly chart and could MOVE towards $0.00001350 if a breakout occurs.

In the medium term, SHIB coin is trading away from significant support and resistance points. Hence, it is more likely to fluctuate within the range of $0.00001250 to $0.00001350. Whether the price will hold this range will become more apparent in the coming days.

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