Crypto analyst Ali Martinez forecasts that Dogecoin (DOGE) could reach $15 as Bitwise and Rex Shares apply for spot Dogecoin ETFs in the United States.
Martinez's analysis shows a long-term ascending channel for DOGE, with the upper boundary projected to climb above $10 and potentially touch $15 by late 2025.
The approval and launch of Dogecoin ETFs could attract institutional and retail investment, driving DOGE towards higher valuations.
Bitwise has officially applied to register a Dogecoin ETF, which could hit the market as early as April.