🔥🔥🔥 How High Could Dogecoin ($DOGE ) Surge If a #DogeETF Gets Approved?
The potential approval of a Dogecoin (DOGE) Exchange-Traded Fund (ETF) could significantly boost its price, much like the market's response to #BitcoinETFs . An approved DOGE ETF could attract institutional investments, increasing liquidity and making the $1 price target more attainable.
Currently, DOGE is trading at $0.1376, down 5.7% amid a broader crypto market downturn. However, if DOGE captures 5.11% of Bitcoin ETF volume, its price could surge by 440%, reaching $0.7371—just above its all-time high. Dogecoin's unique meme coin status and strong community, coupled with potential institutional support, could push it past $1, giving it a $146 billion market cap.
With backing from Elon Musk and potential governmental endorsements, DOGE has the potential to outperform both Bitcoin and Ethereum post-ETF approval.
