Coinbase Eyes Dogecoin Volatility as DOGE ETF Speculation Heats Up

Dogecoin (DOGE) saw significant volatility over the past 24 hours, surging to $0.20 before dropping 7% to $0.191, only to recover slightly to $0.192. The meme coin''s price action was driven by rising speculation around a potential DOGE ETF, with Polymarket data indicating a 51% chance of SEC approval. Despite the brief rally, resistance near the $0.203-$0.204 level remains strong. The increased trading volume suggests growing investor interest, but the market remains cautious. As of June 12, 2025, the DOGE community is closely watching for any regulatory developments that could pave the way for an ETF, which would likely bring more institutional interest to the asset. Coinbase, as a major player in the crypto exchange space, could play a pivotal role in facilitating trading and liquidity for DOGE if such an ETF is approved.

Dogecoin Drops 7% After Brief Rally Amid Rising Hopes of a DOGE ETF

Dogecoin (DOGE) experienced volatile trading over the past 24 hours, initially surging to $0.20 before retreating to $0.191—a 6.63% swing. The meme coin staged a V-shaped recovery late in the session, climbing back to $0.192 amid rising volume, though resistance NEAR the $0.203-$0.204 level remains firm.

Speculation around a potential Doge ETF has intensified, with Polymarket data pricing a 51% chance of SEC approval by 2025. Such a development could unlock institutional capital for the meme coin. Meanwhile, Dogecoin''s integration with Coinbase''s Base network marks its first large-scale entry into DeFi ecosystems through wrapped DOGE.

Technical indicators show three rejections at the $0.204 resistance level with heavy volume exceeding 1 billion units. Support appears to be consolidating near $0.192, where institutional buyers may be quietly accumulating positions despite retail caution.

New Age Meme Coins FARTCOIN and SPX Surge 50% in a Week, Outpacing Broader Crypto Market

Meme coins FARTCOIN and SPX6900 have surged over 50% in the past seven days, dramatically outperforming the broader cryptocurrency market''s 5% growth. FARTCOIN now trades at $1.35, up 55.3%, while SPX reaches $1.69, a 50.23% gain. This rally highlights a shift in investor enthusiasm from established meme tokens like Dogecoin and Shiba Inu to newer entrants.

FARTCOIN''s momentum accelerated after Coinbase added the Solana-based token to its listing roadmap on June 6, triggering an immediate 20% price jump. With a $396 million daily trading volume and $1.33 billion market cap, Fartcoin now ranks as the sixth-largest meme coin. The token''s rise exemplifies how community-driven assets can rapidly gain traction in today''s speculative crypto markets.

Coinbase Listing Fuels Whale Accumulation in Fartcoin as Price Tests Key Resistance

Fartcoin (FARTCOIN), a Solana-based memecoin, has surged 56% in the past week following its June 11 listing on Coinbase. The token now faces a critical test at the $1.65 resistance level amid aggressive whale accumulation and balanced spot market activity.

On-chain data reveals whales injected over $45 million into FARTCOIN, with one wallet accumulating 1.68 million tokens ($2.48M) immediately post-listing. Trading volume spiked to $145.81 million with nearly equal buy/sell pressure, suggesting sustainable price discovery rather than speculative froth.

Technical indicators show bullish momentum despite consolidation near current levels. The Coinbase effect continues to drive institutional interest in meme assets, with FARTCOIN emerging as a standout performer in the category.

Analyst Touts Coinbase as Prime Crypto Play Amid Market Renaissance

William Blair analyst Andrew Jeffrey has initiated a Buy rating on Coinbase (COIN), positioning the exchange as the optimal gateway for growth investors to capitalize on crypto''s resurgence. COIN shares have surged 26% monthly, though year-to-date performance remains flat.

The endorsement coincides with Coinbase''s landmark inclusion in the S&P 500—a first for any cryptocurrency firm. Jeffrey argues the industry''s early-stage volatility and regulatory ambiguities are giving way to maturation, driven by clearer frameworks and expanding utility.

"Token market capitalization and transaction volumes tell the story of an asset class transitioning from fringe to mainstream," the analyst noted, highlighting Coinbase''s institutional-grade infrastructure as a differentiator. The platform''s recent compliance milestones and diversified revenue streams appear to validate this thesis.