According to U.Today, Dogecoin has experienced a significant surge in trading activity, with the volume of derivatives on DOGE increasing by over 90% in the past 24 hours. CoinGlass reports that the turnover of Dogecoin perpetual futures has reached $1.69 billion, nearly doubling from the previous day. Additionally, CoinMarketCap data shows that the volume of DOGE trading on the spot market rose by 64.99% to $1.05 billion. This brings the total DOGE turnover across various markets to approximately $2.7 billion. Given Dogecoin's market cap of $17.83 billion, this represents a 15% increase in trading activity. The heightened interest in Dogecoin is likely driven by market speculation and renewed rumors of a potential DOGE ETF. Crypto enthusiast CryptoKaleo recently reignited discussions on the topic, suggesting that efforts to launch a Dogecoin ETF could be underway for next year. The significant retail-driven volume seen in stocks like AMC and GME, along with the popularity of Bitcoin ETFs, indicates that a DOGE ETF could attract substantial interest. While the possibility of a Dogecoin ETF remains uncertain, the current surge in trading volume and market attention highlights the growing enthusiasm for the meme cryptocurrency.