$DOGE: What should we expect after its exclusive Live ETF?

$DOGE coin is among the crypto space’s superstars, making a name for itself among bosses like $BIT and so on. Dogecoin has seen a realistic ebb and flow in its valuation and impressively made millions of fanatics within the space since its launch. While its ETF narrative is accumulating momentum, a top financial legend, Bitwise, is on a mission to launch the token’s ETF. What should we expect of the Token’s price after its ETF goes live, a new price high? Unravel this mystery with me.

New Development on Track of $DOGE

Besides the token trading at a new price mark of $0.17, low of 1.22% in the previous 24 hours, presently, $DOGE is also a central part of the rising ETF domain. This quality made it worth exploring, thereby attracting giants like Bitwise, which expressed their desire. The desire isn’t just about exploring it, but also launching DOGE ETFs. Though, according to new information, there has been a delay by the US Secretary in the Bitwise DOGE ETF decision. The schedule for new deadline approval is around June 15, 2025.

List of Delayed Decision Today

From the President of ETF Store’s X platform, Nate Geraci, who is the Host of ETF Prime and Co-Founder of The ETF Institute, the following list displays some delayed decisions by the SEC;

Franklin SOL & XRP ETFs
Grayscale HBAR ETF
Bitwise DOGE ETF
Staking in Franklin and Fidelity ETH ETFs, along with Franklin Crypto ETF
In-kind creates and redeems on Invesco Galaxy BTC and ETH ETFs

I think all will be approved this year. From Nate Geraci

Hopefully, regarding concerns about the token’s price expectation, there is a backbone poised enough to support it. The ETF narrative will assist it to achieve a new price high of about $0.74. According to a statement made by an analyst, Ali;

Dogecoin may soon witness a new price high of $0.74 if the token tries to hold support, securing a monthly close above $0.20. “If $DOGE can secure a monthly close above $0.20, it could precede for a rally toward its all-time high of $0.74. Such a breakout would prompt strong bullish momentum and potentially attract increased investor interest.”

Ali Martinez

In conclusion, from the analysis of the analyst, there are possibilities of the token gaining a new high price after its ETF goes live. Nevertheless, digital assets are full of surprises, and in the world of crypto, everyone is advised to do his/her research. Hang around as we bring you more news in detail. At Btradec, we do our best to deliver accurate information. Don’t forget to subscribe to our newsletter and share with friends and family.

Tags: $DOGE, Ali Martinez, Dogecoin, Nate Geraci

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