Dogecoin Price Surge: Golden Cross and ETF Delay

Dogecoin has surged 24% in the past week and recently confirmed a golden cross on its four-hour chart. This price increase coincides with the emergence of a golden cross, which is when the short-term moving average crosses over the long-term MA. The golden cross invalidated a death cross that appeared in August. The price surge may be linked to the potential launch of a Dogecoin ETF in the US.

Dogecoin (DOGE) has experienced a significant price surge over the past week, rising by 24% to reach $0.2639 as of press time on September 12, 2025. This upward trend coincides with the confirmation of a golden cross on the four-hour chart, a technical indicator that signals a bullish market trend. The golden cross occurred when the short-term moving average crossed over the long-term moving average, invalidating a previous death cross that appeared in August Dogecoin Confirms Golden Cross With 24% Price Surge: Details^[2].

The recent price surge in Dogecoin may be linked to the potential launch of a Dogecoin ETF in the United States. Despite an initial expectation that the first US DOGE ETF, the Rex-Osprey DOGE ETF (DOJE), would launch on September 12, Bloomberg analyst Eric Balchunas reported that the launch has been delayed again Dogecoin price rises despite latest delay of US DOGE ETF launch^[1]. The ETF was expected to list alongside other cryptocurrency ETFs, including Bitcoin (BTC) and XRP (XRP), but the SEC filing indicates that the launch is now scheduled for the middle of next week, likely on Thursday.

The DOJE ETF, which won approval under the Investment Company Act of 1940, is unique in that it does not hold Dogecoin directly but instead relies on a Cayman Islands-based subsidiary and derivatives. This approach is necessary to comply with the act's requirements for diversification and restrictions on single-asset concentration Dogecoin price rises despite latest delay of US DOGE ETF launch^[1]. Balchunas expects the DOJE ETF to have a minimal impact on Dogecoin's price, as investors interested in DOGE already have access to crypto exchange accounts Dogecoin price rises despite latest delay of US DOGE ETF launch^[1].

Institutional interest in Dogecoin has been growing, with CleanCore Solutions, a maker of aqueous ozone cleaning systems, reaching half of its one billion Dogecoin treasury target by purchasing $130 million in DOGE this week Dogecoin price rises despite latest delay of US DOGE ETF launch^[1]. Additionally, Thumzup, a Trump family-linked media corporation, announced plans to acquire 3,500 Dogecoin mining rigs, further indicating the increasing institutional attention towards Dogecoin Dogecoin price rises despite latest delay of US DOGE ETF launch^[1].

Despite the delay in the DOJE ETF launch, the positive market sentiment and growing institutional interest in Dogecoin may continue to drive its price upward. As more Dogecoin ETFs are expected to launch in October or November, the overall impact on Dogecoin's price could be significant Dogecoin price rises despite latest delay of US DOGE ETF launch^[1].