Dogecoin (DOGE) is registering big gains as ETF launch rumors take the community by storm. According to CoinGecko data, DOGE’s price has rallied 3.8% in the last 24 hours, 20.3% in the last week, 21.7% in the 14-day charts, and 4.6% over the previous month. DOGE’s price has also risen by 154.6% since September 2024.
Is a Dogecoin ETF Launch Confirmed?
According to Bloomberg ETF analyst Eric Balchunas, REX-Osprey’s Dogecoin ETF, DOJE, may launch sometime next week. Balchunas took to X and stated, “Another delay. Launching next week. Mid week. Prob Thur.“
An ETF launch could lead to a massive spike in institutional interest for Dogecoin (DOGE). It will mark the first instance of a memecoin ETF for the US market. Bitcoin (BTC) and Ethereum (ETH) have seen substantial inflows for their ETF products from financial institutions. Both BTC and ETH have hit new all-time highs in 2025, fuelled by consistent ETF inflows. A similar pattern may emerge for DOGE as well.
Despite coming from Bloomberg’s ETF experts, there is still a possibility that the DOGE ETF will not make its debut next week. The SEC recently postponed its decision on the Bitwise Dogecoin ETF to November.
DOGE Price Prediction
Dogecoin’s (DOGE) latest rally may not be due only to the rumors around an ETF launch. There is a high chance that the Federal Reserve will cut interest rates by 25 basis points after its next meeting. The possibility of a rate cut may have boosted investor sentiment.
According to CoinCodex, Dogecoin (DOGE) will rise to about $0.334 on Oct. 7, before facing a correction. Hitting $0.334 from current price levels will translate to a rally of about 28.46%.
Also Read: Dogecoin Investors Ask: Hold, Buy More DOGE or Exit Now?
Dogecoin (DOGE) may not face a correction as predicted by CoinCodex if market conditions continue to be bullish. How things unfold for the memecoin is yet to be seen.
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