Valour Inc. has launched the first-ever Dogecoin Exchange Traded Product (ETP) on Sweden’s Spotlight Stock Market.
The new Dogecoin ETP allows investors to gain exposure to DOGE's market performance without the complexities of direct ownership.
Analysts believe that the introduction of the Dogecoin ETP, along with other bullish factors, could drive a 100% price rally for DOGE, potentially reaching $0.78 or even $1 by the end of the year.
The popularity and demand for Dogecoin have been boosted by the results of the US elections and the influence of Elon Musk, further driving the potential for a price surge.