Forget About Dogecoin ETF Impacting DOGE Price, But This Tokenized ETF Platform Can Rise 10x in 30 Days
The post Forget About Dogecoin ETF Impacting DOGE Price, But This Tokenized ETF Platform Can Rise 10x in 30 Days appeared on BitcoinEthereumNews.com.
Despite the excitement surrounding the Dogecoin ETF, DOGE price remains largely stagnant, trading at $0.33, showing little movement over the past 24 hours. Even Elon Musk’s latest commentary about the Department of Government Efficiency (D.O.G.E.)—has not propelled DOGE price higher. The reality is, despite the buzz, the Dogecoin ETF doesn’t seem poised to make the significant price impact many hoped for. On the other hand, DTX Exchange is drawing increasing attention for its platform, combining the best of DeFi and TradFi. With its VulcanX blockchain, boasting an incredible 200,000 transactions per second (TPS), DTX is set to redefine the tokenized ETF market. In fact, analysts predict that DTX could rise 10x in just 30 days as its final presale round draws to a close. Dogecoin ETF Filing Stirs Speculation Amid Stagnant Price Action Bitwise Asset Management has officially filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a Dogecoin ETF, marking a pivotal moment for meme coin investments. The move aligns with a growing institutional interest in memecoins, driven by their liquidity and market influence. Source: Tradingview Despite the excitement surrounding the ETF filing, DOGE price remains in a consolidation phase, with key resistance at $0.3300 and support at $0.3150. Elon Musk’s recent announcement about the Department of Government Efficiency (D.O.G.E.) sparked curiosity within the Dogecoin community, although it did not directly impact the DOGE price. Market analyst BlockchainBaller remains optimistic, projecting a potential price surge beyond $0.48, citing DOGE ETFs under review and Musk’s continued influence as key factors. However, technical indicators, including the MACD and RSI, suggest persistent bearish momentum, raising questions about DOGE price to break out of its current range. DTX Exchange: Redefining Trading With 10x Growth Potential In contrast to DOGE’s speculative nature, DTX Exchange is developing a comprehensive platform for…
Filed under: News - @ February 2, 2025 10:11 pm