- Dogecoin’s bullish streak
- First Dogecoin ETF
Peter Brandt, one of the adopted commodity merchants, has taken notice of Dogecoin’s most up-to-date breakthrough, describing it as “enormous.”
On Sept. 13, the whimsical meme cryptocurrency surged by greater than 11% earlier than paring some positive factors.
Dogecoin’s bullish streak
The most recent surge got here after the meme coin soared by roughly 18% over three days.
In actual fact, DOGE is now on observe to document its fifth consecutive day within the inexperienced.
That is on observe to be Dogecoin’s longest bullish streak since July. Again then, the meme token reached a neighborhood peak of $0.287. It has since plunged by roughly 34% inside simply 12 days to a neighborhood low $0.188 earlier than seeing a average restoration.
The inventory managed to eke out one other inexperienced month in July after which remained within the inexperienced in August, nevertheless it was a reasonably shut name.
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Now, September, regardless of being a traditionally bearish month for cryptocurrencies, is on observe to be Dogecoin’s greatest month of 2025 with a present acquire of roughly 36%. That is on observe to be Dogecoin’s greatest month since November 2024, when it soared by greater than 161%.
First Dogecoin ETF
As reported by U.Right this moment, the very first US-based Dogecoin ETF is on observe to debut within the U.S. subsequent week. The launch of the ETF is anticipated to be a strong bullish catalyst that can lastly permit DOGE to achieve a footing above the $0.30 stage.
That mentioned, it’s value noting that the construction of the REX-Osprey ETF is totally different from conventional spot ETFs that must undergo a prolonged approval course of.
As reported by U.Right this moment, the SEC just lately delayed making a choice on Bitwise’s spot Dogecoin ETF proposal, which is a reasonably normal process that market members mustn’t learn an excessive amount of into.