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Dogecoin ETF Launch Sparks Wall Street Buzz Despite 10% Price Drop

The launch of the first-ever Dogecoin ETF ($DOJE) has ignited strong Wall Street interest despite DOGE’s 10% price drop, fueling bullish price predictions and soaring trading volumes.

Dogecoin ETF Launch Sparks Wall Street Buzz Despite 10% Price Drop
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Dogecoin Price Prediction: Can ETF Inflows Push DOGE Toward $1?

Dogecoin (DOGE) may have tumbled 10% in the past 24 hours, but the debut of the first-ever Dogecoin ETF has Wall Street analysts leaning toward a bullish outlook. The new fund, REX-Osprey Dogecoin ETF ($DOJE), launched on Thursday and immediately attracted overwhelming demand, signaling a potential shift in how both retail and institutional investors engage with the original meme coin.

$DOJE ETF Sees Explosive Debut

The $DOJE ETF wasted no time making headlines. Within minutes of launch, more than $50 million worth of shares had already been exchanged. This strong start underscores the appetite for regulated exposure to Dogecoin, which until now has largely been limited to spot markets on crypto exchanges.

According to data from REX-Osprey’s official website, assets under management (AUM) have climbed to $4 million since inception. While still small compared to Bitcoin and Ethereum ETFs, the early momentum suggests that Wall Street and retail investors alike are keen to explore the new product.

The ETF is being hailed as a game-changer, ushering in a new era for meme coins in traditional finance.

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Dogecoin Price Under Pressure but Support Looms

Despite the ETF excitement, DOGE faced intense selling pressure, dropping 10% in a single day. Trading volumes, however, told a different story. Over the past 24 hours, volumes exploded by nearly 200%, reaching $5 billion — about 14% of Dogecoin’s circulating market cap.

This surge in activity reflects the scale of market liquidations, which are now nearing $2 billion across the crypto space. Still, analysts suggest such shakeouts can create fresh entry points.

DOGE is approaching a critical trend line support at $0.22. If this level holds, a bounce could trigger renewed bullish momentum. On the upside, a breakout above $0.40 would likely confirm a bullish trend and open the door for a potential move toward the symbolic $1 mark.

Wall Street Eyes Dogecoin’s Next Move

With ETF inflows increasing, institutional attention is starting to circle around Dogecoin. The thinking is straightforward: as more capital flows into $DOJE, demand for DOGE itself will climb, putting upward pressure on price.

For many on Wall Street, Dogecoin is no longer just a meme coin — it’s becoming a tradable asset class with regulated access. This shift in perception could set the stage for significant volatility as new capital enters the market.

Maxi Doge ($MAXI) Presale Adds to Meme Coin Mania

While DOGE takes the spotlight with its ETF milestone, another meme coin is trying to steal the show: Maxi Doge ($MAXI). Unlike more conservative plays, Maxi Doge brands itself as the “overcharged Shiba” that thrives on chaos and market volatility.

The Maxi Fund commits 25% of presale proceeds to high-risk, high-reward plays — doubling down when others pull back. According to the project’s mission, moderation is “boring,” and $MAXI’s goal is to press harder during downturns rather than retreat.

Investors interested in joining the so-called $MAXI army can access the presale through the project’s official website, connecting a wallet like Best Wallet to buy tokens early. Payment options include both existing crypto and traditional bank cards.

The Road Ahead for DOGE and Meme Coins

The debut of the Dogecoin ETF has already made waves across Wall Street, legitimizing the token in a way few would have predicted during its early meme-driven days. Yet, the near-term picture remains volatile, with DOGE caught between surging ETF optimism and heavy market liquidations.

Should the $0.22 support hold and ETF inflows accelerate, Dogecoin could soon enter a new price discovery phase. A confirmed breakout above $0.40 would only strengthen bullish predictions, keeping the $1 milestone in focus.

Meanwhile, with spin-offs like Maxi Doge ($MAXI) adding to the frenzy, it’s clear that meme coins are entering their boldest chapter yet — fueled by both Wall Street and retail traders who thrive on volatility.

Dogecoin ETF Launch Sparks Wall Street Buzz Despite 10% Price Drop

Dogecoin ETF Launch Sparks Wall Street Buzz Despite 10% Price Drop
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1 Comment

  1. 24 November 2025, 19:37

    […] REX Financial and Osprey Funds. On September 18, their product started trading under the “DOJE” ticker. It does not, however, provide spot-only exposure. For this reason, Grayscale’s […]

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