Dogecoin ETF Hits $6M in First Hour Signals Potential $0.45 Rally
The post Dogecoin ETF Hits $6M in First Hour Signals Potential $0.45 Rally appeared on BitcoinEthereumNews.com.
Dogecoin has regained momentum after the launch of the first U.S. Dogecoin exchange-traded fund (ETF), which quickly established itself as one of the most successful crypto-based debuts on record. Trading began on the CBOE exchange, and, within the first hour, the fund amassed $6 million in volume. Blocknews reported on X that the ETF had already reached $6 million in trading activity, 6X the average volume typically seen on an ETF’s first day. This update from Blocknews sparked debate over whether the ETF can serve as a long-term catalyst for Dogecoin’s price. With additional ETF applications awaiting regulatory approval, momentum from the launch could prove to be a turning point for the token. The strong reception also demonstrated not only growing institutional interest in Dogecoin but also the increasing willingness of traditional investors to engage with meme coin markets. Source – 99Bitcoins YouTube Channel Dogecoin (DOGE) Price Analysis Expert Ali Martinez recently highlighted on X a historical Dogecoin chart capturing the coin’s explosive breakout in late January 2021. Ali’s chart on X shows that $DOGE traded quietly around $0.007-$0.008 before a sudden 423% surge in a single day pushed it into new territory. Despite heavy profit-taking afterward, the price never returned to sub-penny levels and instead established a new floor around $0.03-$0.05, setting the stage for later parabolic rallies. Ali also noted that breaking above $0.29 could serve as a critical trigger, opening the path for DOGE to advance toward $0.36 and potentially $0.45. Such a move would establish a stronger base at higher prices and reinforce long-term momentum, especially as ETF-driven demand and institutional inflows continue to build. The 2021 breakout illustrates how Dogecoin can leverage major catalysts to reset its trading range permanently, even amid short-term volatility. Dogecoin ETF Fuels Meme Coin Interest The ETF’s successful debut has raised expectations…
Filed under: News - @ September 30, 2025 5:26 pm