Dogecoin ETF Approval Odds Rise to 94% Amid Price Volatility
Dogecoin's price fluctuated between $0.20 and $0.22 over the past week as investors await a catalyst for upward movement.
Approval odds for a Dogecoin ETF on Polymarket have reached 94%, increasing expectations for a price increase.
Potential Price Rally
- Despite recent sideways trading, analysts forecast a possible rally to $1.
- Trader Tardigrade suggests DOGE shows signs of bottom formation, indicating potential for a parabolic rally.
- If following previous bull runs in 2017 and 2021, DOGE could rise to $10.
Institutional interest is growing, with CleanCore planning to establish a DOGE Treasury. Thumzup Media is set to acquire DogeHash Technologies, adding 3,500 mining rigs to enhance its presence in the sector.
This acquisition follows a $50 million stock offering at $10 per share completed in August 2025.
ETF Approval Developments
- Rex Shares may launch its Dogecoin ETF next week after filing with the SEC earlier this year.
- The rising approval odds on Polymarket could lead to significant price movements for DOGE.
Dogecoin ETF approval chances increased to 95%. | Source: Polymarket
Maxi Doge Presale Performance
- Maxi Doge has raised over $1.8 million in its presale, with a target of $2 million.
- Marketed as a rival to other meme coins, it offers up to 169% APY through staking.
- Token details include a price of $0.0002555 and an Ethereum network.
Maxi Doge aims to expand into perpetual markets as it seeks to establish itself as a leading meme coin in 2025.