Dogecoin Surges 5% as Rex Osprey's DOGE ETF Launch Nears Approval
ByAinvest
Saturday, Sep 13, 2025 1:34 am ET1min read
DOGE--
Technical analysis suggests a potential rally toward $0.39 if buying pressure sustains above $0.25 and breaks the neckline at $0.28. However, failure to hold $0.24 support could invalidate the upside momentum and raise the risk of a possible retracement toward $0.22 [1].
Institutional interest and the upcoming ETF launch have significantly boosted Dogecoin's bullish outlook. CleanCore Solutions, a publicly traded company, recently purchased approximately $130 million worth of Dogecoin, indicating growing institutional appetite for the cryptocurrency [2].
The Dogecoin price prediction is under the spotlight, with speculations of the first spot ETF spurring a 20% rally this week. The Rex-Osprey Doge Exchange Traded Fund (DOJE) is set to launch on September 12th, beginning trading on US exchanges under the ticker symbol DOJE [3].
Moreover, CleanCore's acquisition of 500 million DOGE, worth approximately $130 million, signifies a significant milestone in the institutionalization of Dogecoin. This move is part of the company's strategy to build a digital asset treasury, aiming to secure up to 5% of the circulating supply of Dogecoin [3].
As Dogecoin transitions from a hype-driven coin to an asset of value, meme traders are shifting to rival meme coins. An emerging meme coin, Maxi Doge, is capitalizing on this opportunity with a unique twist on Dogecoin, leveraging modern-day gym bro humor fused with the DOGE theme [3].
The Dogecoin price prediction of $1 by the end of 2025 appears feasible with sustained institutional backing and market sentiment. However, investors should remain cautious and monitor technical indicators closely to navigate potential market volatility.
Dogecoin price rose 5% on Thursday, breaking the $0.25 level for the first time in nearly a month, following the imminent approval of a Dogecoin ETF filing by Rex Osprey. The ETF launch is expected to attract institutional investors and enhance market depth and liquidity. Technical analysis suggests a potential rally toward $0.39 if buying pressure sustains above $0.25 and breaks the neckline at $0.28. Failure to hold $0.24 support could invalidate the upside momentum and raise the risk of a possible retracement toward $0.22.
Dogecoin (DOGE) experienced a notable price increase on Thursday, breaking the $0.25 level for the first time in nearly a month. This surge came on the heels of the imminent approval of a Dogecoin ETF filing by Rex Osprey. The ETF launch is anticipated to attract institutional investors, thereby enhancing market depth and liquidity [1].Technical analysis suggests a potential rally toward $0.39 if buying pressure sustains above $0.25 and breaks the neckline at $0.28. However, failure to hold $0.24 support could invalidate the upside momentum and raise the risk of a possible retracement toward $0.22 [1].
Institutional interest and the upcoming ETF launch have significantly boosted Dogecoin's bullish outlook. CleanCore Solutions, a publicly traded company, recently purchased approximately $130 million worth of Dogecoin, indicating growing institutional appetite for the cryptocurrency [2].
The Dogecoin price prediction is under the spotlight, with speculations of the first spot ETF spurring a 20% rally this week. The Rex-Osprey Doge Exchange Traded Fund (DOJE) is set to launch on September 12th, beginning trading on US exchanges under the ticker symbol DOJE [3].
Moreover, CleanCore's acquisition of 500 million DOGE, worth approximately $130 million, signifies a significant milestone in the institutionalization of Dogecoin. This move is part of the company's strategy to build a digital asset treasury, aiming to secure up to 5% of the circulating supply of Dogecoin [3].
As Dogecoin transitions from a hype-driven coin to an asset of value, meme traders are shifting to rival meme coins. An emerging meme coin, Maxi Doge, is capitalizing on this opportunity with a unique twist on Dogecoin, leveraging modern-day gym bro humor fused with the DOGE theme [3].
The Dogecoin price prediction of $1 by the end of 2025 appears feasible with sustained institutional backing and market sentiment. However, investors should remain cautious and monitor technical indicators closely to navigate potential market volatility.
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