DOGE Day 2025: Community Celebrates as ETF Speculation Grows

On April 20, 2025, the Dogecoin community marked another annual Doge Day, a celebration that began in 2021 and aligns with global cannabis culture. Despite its meme origins, Dogecoin maintains its position as the 8th largest cryptocurrency by market cap, even with a daily inflation rate of $2.16 million. Experts like Anndy Lian note its affordability continues to draw retail investors. Now, speculation about a potential ETF approval looms, potentially reshaping Dogecoin’s future.

Doge Day 2025: Dogecoin Community Celebrates with Possible ETF Approval on Horizon

On April 20, 2025, Dogecoin holders celebrate Doge Day, a festive occasion born in 2021 that coincides with global cannabis day. Four years after its inception, Dogecoin remains the 8th largest crypto worldwide, despite a daily inflation of $2.16 million. Its low price point continues to attract small investors, according to expert Anndy Lian. A major event could soon reshape the landscape of this iconic memecoin: the potential approval of a Dogecoin ETF by the US SEC. Currently, four Dogecoin ETFs are awaiting approval, with decisions expected as early as May.

Dogecoin Stirring Intrigue with High Bullish Bias

Dogecoin (DOGE) is intriguing investors at $0.1560, with a slight daily uptick and a weekly dip. A crypto analyst reveals that a striking 72.13% of Binance users are long on Dogecoin futures, dwarfing the 27.87% short positions. This bullish bias is accompanied by volatile chart patterns, and altcoins like Minotaurus (MTAUR) are riding the market’s hum. It remains unclear whether DOGE supporters are onto a breakout or if their Optimism is a setup for a shakeout.

Blockchain Cloud Mining – A Smart Way for Dogecoin (DOGE) Holders to Earn

Despite the turbulent global markets, Dogecoin (DOGE) is seen as a SAFE haven by some. The president supports the establishment of a national Dogecoin reserve, aiming to integrate cryptocurrencies into the national vision. This support may lead to a shift in the leadership’s approach towards digital currencies. Focus on Blockchain Mining, a leading cloud mining brand, offers methods to help individuals start earning daily from Dogecoin mining.