The odds of a Dogecoin exchange-traded fund (ETF) getting approved in 2025 have risen to 54%, according to data from Polymarket. If approved, it would be the first meme coin ETF and could potentially trigger a rally in Dogecoin's price, pushing it beyond $1. Despite a growing bearish influence on the price of Dogecoin, whales have been buying large amounts of the cryptocurrency at a discount, indicating confidence in a potential bullish comeback. Additionally, with increasing support for crypto projects from the Trump administration, the chances of an altcoin ETF approval have significantly increased. This, coupled with institutional demand and mainstream adoption, could lead to Dogecoin surpassing the $1 milestone.
Content Editor ( cryptonewsz.com )
- 2025-02-06
Dogecoin Eyes $1: Will ETF Approval Make It Happen?
