SEC has acknowledged Nasdaq's filing for the 21Shares US Dogecoin ETF, initiating the official review period.
Dogecoin futures open interest surged by 70% to $1.65 billion, indicating increasing speculative interest.
The current price of DOGE is at $0.2343 with a market cap of $34.98 billion; a daily close above $0.25 could trigger a price rally.
Crypto analyst Trader Tardigrade forecasts a potential price breakthrough for Dogecoin as it mirrors previous patterns that led to significant rallies.