The Bitwise spot DOGE ETF could launch within 20 days through an automatic approval process, a potential bullish catalyst for Dogecoin price predictions.
Bitwise’s approach places the meme coin ETF on a 20-day countdown to automatic approval under Section 8(a) of the Securities Act, barring SEC intervention.
The fast-track comes as price action aligns with more bullish narratives like ETFs. Since the filing, the Dogecoin price is up over 12%.
Broader FUD tied to the U.S.-China trade war, U.S. government shutdown, and fears of slowing economic growth appears to have taken the back seat as smart money reenters the market.
Whales accumulated over 200 million DOGE tokens during Sunday trading, an apparent move to position ahead of ETFs over de-risking.
Once approved, spot DOGE ETFs stand to open the floodgates to fresh TradFi demand and institutional-level exposure.
Dogecoin Price Prediction: Could Approval Flip the Scales?
The refocus on the ETF narrative comes as DOGE sets its sights on the breakout of a year-long ascending channel setup.
With its lower boundary now affirmed as a launchpad, a breakout attempt is in play, supported by increasingly bullish momentum indicators.
DOGE / USD 1-day chart, ascending channel eyes breakout. Source: TradingView.The RSI has made a sharp rise back towards neutral, a sign of significant buy pressure, while the MACD histograms growing lead above the signal line puts the prevailing trend firmly in the hands of the bulls.
An advance to reclaim the $0.20 demand zone as psychological support could confirm a renewed breakout push, targeting previous highs at $0.50 for a 200% gain.
A fresh touchpoint for capital inflows, like ETFs, could push this even further, putting the coveted $1 milestone in focus for a potential 450% gain.
However, a breakdown scenario remains a possibility with limited support below $0.15, risking a potential 50% crash back to pre-bull run levels at $0.09.
Maxi Doge: Dogecoin Hype Could Offer a Bigger Breakout Play
If past cycles prove anything, it’s that Doge-branded tokens carry the strongest social momentum.
Shiba Inu carried the torch from Dogecoin in 2021, then Floki, Bonk, Dogwifhat, Neiro, and most recently Dowge. Every bull run eventually delivers its own parabolic Doge-themed runner.
This time around, imminent spot ETFs and the DOGE-1 lunar mission create the perfect environment for a new frontrunner, and speculators are eyeing Maxi Doge ($MAXI) as the next moonshot.
The hype is already translating into numbers.
The $MAXI presale has brought in almost $4 million, with early backers currently enjoying a high 78% APY on staking rewards.
For those who missed out on the Doge wave before, MaxiDoge could be the next opportunity to catch a meme coin breakout before it runs.
To buy early, visit the official Maxi Doge website here and connect a crypto wallet (such as Best Wallet).
Visit the Official Maxi Doge Website HereThe post Dogecoin Price Prediction: DOGE ETF Could Launch in 20 Days – Is Smart Money Quietly Loading Up DOGE? appeared first on Cryptonews.
