Dogecoin ETF Approval: Could DOGE Finally Reach $1?
- Sammy Salmela
- Sep 9
- 2 min read
Article with AI Analysis:
Date: 9 September 2025
Source: Adapted from Cointelegraph reporting
Introduction
Dogecoin, the meme coin that started as a joke, is suddenly on the brink of a historic moment. With the first US Dogecoin ETF expected to launch this week, traders and institutions alike are asking the same question: how high can DOGE go?
The answer may surprise many. Analysts see $0.50 in the near term, $1 as the big psychological milestone, and even multi-dollar levels if momentum builds.
First Dogecoin ETF Launch
The Rex-Osprey DOGE ETF (ticker: $DOJE) is set to be the first Dogecoin ETF approved in the United States. For the first time, traditional investors will have access to DOGE through a regulated financial product.
This is more than symbolism it represents a new stream of capital. Institutional money, pension funds, and conservative investors who avoided crypto wallets can now gain exposure.
ETF Store president Nate Geraci described the upcoming months for crypto ETFs as potentially “wild.”
Technical Setups Point Higher
Charts tell a story of pent-up energy.
On the weekly timeframe, DOGE is forming an ascending triangle, with a breakout level at $0.27. A close above this line could trigger a rally toward $0.50.
On the monthly chart, a cup-and-handle pattern suggests a move as high as $1.40 once $0.42 resistance is broken.
Stretching the analysis further, the pattern depth projects an ambitious $3.65 target.
Some bold analysts, such as XForceGlobal, even claim DOGE could reach $10 under Elliott Wave projections.
Can Dogecoin Break $1?
Breaking $1 would be both a technical achievement and a cultural milestone. For many, Dogecoin is more than price action it represents the fusion of internet culture and mainstream finance.
With optimism running high and institutional capital entering the picture, the once-mocked “meme coin” may soon turn into a serious player in global markets.
AI-Powered Sentiment Analysis
Our AI analysis of this article revealed:
sentiment_score: 0.78 – Strongly positive, reflecting excitement around the ETF launch.
Financial Sentiment: 0.83 – Very bullish, driven by institutional adoption and technical breakout patterns.
Polarity Score: 0.21 – Clear optimism outweighing caution in the narrative.
Subjectivity Score: 0.37 – Moderate objectivity; analysis is data-driven but also carries speculative excitement.
Interpretation: These scores suggest that the market mood is optimistic but not euphoric there is confidence in DOGE’s future, yet room for debate.
Read More
👉 Read the full article on cointelegraph.com
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Disclaimer
This article was generated using AI and reviewed for accuracy. The information presented is for educational purposes only and should not be construed as financial advice. Always consult with a professional before making investment decisions.
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