DOGE Rallies 6% Ahead of Anticipated ETF Launch

DOGE Rallies 6% Ahead of Anticipated ETF Launch

Dogecoin (DOGE) has surged by 6% in the past 24 hours, driven by optimism surrounding the expected launch of the first Dogecoin ETF. Traders are bullish, with some predicting a parabolic rally towards $0.35–$0.40 if DOGE breaks through key resistance levels.

The DOGE price reached a daily high of $0.2530 on September 10, 2025, up from $0.2385 the previous day. This rally follows a week of anticipation, with the DOJE ETF (Dogecoin ETF) expected to debut on Thursday, September 12, according to Bloomberg's Eric Balchunas .

Traders are closely monitoring DOGE's performance, with CryptoWizardd noting repeated rejections at $0.25-$0.26, but a decisive breakout could open the door to a significant price increase . More Crypto Online highlighted DOGE's bounce from support, with wave (3) expected to lift prices towards $0.277 without overstretching the move .

The ETF launch is seen as a major catalyst, with Polymarket odds for Dogecoin hitting $0.25 in September 2025 peaking at 91% . Nate Geraci, president of ETF Store, predicts a "wild" next two months for crypto ETFs, with the DOJE ETF likely to launch this week .

While the ETF approval is a significant bullish signal, traditional traders have historically viewed Dogecoin as a joke investment. However, with an ETF approval, this perception could rapidly change. Crypto analyst XForceGlobal predicts a "textbook 5-wave move" for DOGE, with a realistic target around $1 .

Despite the optimism, REX, in its filing for the DOGE ETF, warned investors of substantial risks associated with Dogecoin investments, noting its price is subject to "rapid price swings, changes, and uncertainty" .

In addition to the ETF launch, DOGE has seen increased institutional adoption. The House of Doge Inc. and CleanCore Solutions announced a strategic partnership to launch the first foundation-backed DOGE treasury, supported by 21Shares . This move aims to promote DOGE's use in payments, tokenization, and commercialization, accelerating institutional adoption and market demand.

With the DOJE ETF launch imminent and increased institutional interest, DOGE is poised for a potential rally. Traders and investors should closely monitor DOGE's performance and consider the risks associated with its highly volatile nature.