The potential approval of the ETF for Dogecoin and two other coins is significant, highlighting the advantages of Dogecoin.

Currently, DOGE, PEPE, and XRP are the three tokens most likely to pass the ETF approval.

DOGE stands out particularly, attracting many speculators due to its high volatility; its strong community influence is also remarkable, turning it into a popular speculative asset in the Korean won market.

On the Upbit platform, DOGE's 24-hour trading volume ranks third, only behind XRP and HBAR. With the recent approvals of BTC and ETH spot ETFs, discussions regarding a DOGE spot ETF have surged.

Analysts point out that while there is still regulatory uncertainty regarding DOGE ETF approval, its high liquidity and strong community strength are enough to support its candidacy as a highly promising ETF. For this reason, Fei believes in Dogecoin's long-term potential and sees great promise ahead.

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