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Dogecoin ETF Tops Charts Amid 23% Rally: Bloomberg Analyst

By WebDeskJanuary 6, 20262 Mins Read
Dogecoin ETF Tops Charts Amid 23% Rally: Bloomberg Analyst
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According to senior ETF analyst at Bloomberg, Eric Balchunas, a 2x Dogecoin (DOGE) ETF is currently among the best-performing ETFs of 2026, along with a 2x single stock semiconductor ETF. DOGE had quite a historic year in 2025 with the launch of its first spot ETF in the US. Let’s discuss if increased ETF inflows will push the memecoin’s price.

Best performing ETFs to start the year are a 2x Dogecoin ETF and a 2x single stock semicounductor ETF. Do with this information what you will.. pic.twitter.com/7s2P6kZB6g

— Eric Balchunas (@EricBalchunas) January 5, 2026

Will Dogecoin ETF Inflows Push The Memecoin To $0.20?

Dogecoin doge meme coin currency
Source: Reddit

ETFs played a vital role in the 2025 crypto market cycle. Bitcoin (BTC) and Ethereum (ETH) hit new all-time highs thanks to high ETF volume. 2025 also saw the launch of several crypto-based ETF products. XRP, Solana (SOL), Dogecoin (DOGE), etc., all saw ETF debuts last year. We could see positive price actions of all assets due to high ETF inflows. If the memecoin continues on its current trajectory, it could reclaim the $0.20 mark.

The crypto market seems to be recovering from its late-2025 losses. Dogecoin (DOGE) is also following the current market rebound. According to CoinGecko data, DOGE’s price has rallied 0.4% in the last 24 hours, 22.8% in the last week, 14.6% in the 14-day charts, and 8.2% over the previous month. Despite the recent turnaround, DOGE’s price is still down by a massive 60.9% since January 2025.

Dogecoin price chartDogecoin price chart
Source: CoinGecko

Dogecoin’s (DOGE) latest price upswing could be due to the ETF performance. The rally also comes amid other memecoins making big gains. Pepe (PEPE), Bonk (BONK), and Shiba Inu (SHIB) have registered some of the highest gains in the weekly charts today. DOGE’s rally could be a part of the larger memecoin resurgence.

Also Read: BlackRock Sees Largest Single-Day Bitcoin ETF Inflow in 3 Months

According to CoinCodex analysts, Dogecoin (DOGE) will rally over the coming weeks, but will not hit the $0.20 mark. The platform anticipates the memecoin to hit $0.1923 on Jan. 29, 2026.

Dogecoin price predictionDogecoin price prediction
Source: CoinCodex


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