Dogecoin ETF Race Heats Up: Can DOGE Surge to $0.4?

The crypto market has faced challenges in Q1 2025 due to geopolitical tensions, but the Dogecoin ETF race is gaining momentum, potentially driving DOGE back to $0.4. As the meme coin captures investor interest, the introduction of a Dogecoin ETF could mark a turning point for its price trajectory.

Dogecoin ETF Race Heats Up: Can It Push DOGE Back to $0.4?

The crypto market has struggled in the first quarter of the year amidst geopolitical tensions. However, the Dogecoin ETF race is heating up, potentially pushing DOGE back towards $0.4. The meme coin, which has long been intriguing for cryptocurrency investors, may see a surge amid the arrival of its own investment vehicle. Both the cryptocurrency and US stock markets have struggled in April, but the prospect of a Dogecoin ETF could reverse DOGE’s losing streak.

Dogecoin Order Block Points To 50% Rise

A new technical analysis suggests that Dogecoin (DOGE) is forming a bullish reversal structure that could lead to a 50% price surge to $0.234 from its current market value of $0.15. David Perk, a crypto analyst on TradingView, has shared a detailed chart analysis based on the Order Block (OB) and Candle Liquidity Sweep (CLS) model, predicting the potential price increase.

From Joke To Juggernaut: Dogecoin Gets Nod From Global Asset Giant

Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed significantly from its origins as an online meme. The company cited Dogecoin’s whopping 130,000% price appreciation over the last decade and an annual growth rate of 125% since its inception as evidence of its longevity within the turbulent crypto space. User adoption has nearly doubled in recent years, reflecting its rise from an online joke in 2013 to a significant player in the market.

21Shares Joins DOGE ETF Race in the U.S.

21Shares has submitted a filing to the U.S. Securities and Exchange Commission (SEC) requesting approval to launch a Dogecoin [DOGE] exchange-traded fund (ETF). Grayscale and Bitwise made similar submissions in Q1 2025, heating up the race for the first U.S. spot memecoin ETF. As of recent, Doge ETF approval odds were above 60%, with bettors pricing a 64% approval chance for 2025 on Polymarket.