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REX-Osprey Launches First Dogecoin ETF, Analyst Predicts $5 Price Target
Crypto analyst CryptoELITES predicts that Dogecoin (DOGE) could reach $5, contingent on the launch of DOGE ETFs.
- The first Dogecoin ETF by REX-Osprey is launching, providing institutional investors with spot exposure to DOGE.
- This ETF could drive significant capital into the DOGE ecosystem, potentially catalyzing a price rally to $5.
- More Dogecoin ETFs might emerge as the SEC approves generic listing standards for faster crypto ETF listings.
- Grayscale, Bitwise, and 21Shares have filed for a DOGE ETF, which could further enhance liquidity in Dogecoin.
- CryptoELITES previously cited historical cycles and past gains as reasons for DOGE's potential rise to $5.

Another analyst, DOGECAPITAL, maintains a $10 target for Dogecoin based on historical cycle trends. The analyst suggests substantial upside this year if patterns hold true.
- DOGECAPITAL's analysis shows the possibility of DOGE reaching up to $36 in this cycle.
- The current Dogecoin price is approximately $0.28, with a 6% increase in the last 24 hours.
