• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Dogecoin's Success: Institutional Buying and ETF Expectations Boost Price

Dogecoin's Success: Institutional Buying and ETF Expectations Boost Price

user avatar

by Giorgi Kostiuk

2 hours ago


Dogecoin (DOGE) continued its rally this week, gaining nearly 20% due to growing institutional demand and ETF launch expectations.

ETF Launch Anticipation for Dogecoin

An ETF for Dogecoin under the ticker **DOJE**, managed by Rex-Osprey, is expected to give traditional investors direct access to DOGE’s price changes. However, Bloomberg senior ETF analyst **Eric Balchunas** noted that the launch, originally expected this week, has been delayed until September 12.

“Another delay. Launching next week. Prob Thur,” Balchunas wrote on X, pointing to a likely start on Thursday.

CleanCore Solutions' Investment Supports DOGE Growth

Dogecoin's rally was amplified by institutional interest from **CleanCore Solutions (NYSE American: ZONE)**, which disclosed two large DOGE purchases, raising its total holdings to over **500 million DOGE worth more than $125 million**.

CleanCore has partnered with the **Dogecoin Foundation’s commercial arm, House of Doge**, to position DOGE as a reserve asset while expanding its role in payments and tokenization.

Market Outlook for Dogecoin

DOGE’s weekly rally pushed prices to about **$0.25**, the highest since mid-August, according to CoinGecko. Among the top ten cryptocurrencies, excluding stablecoins, Dogecoin’s performance was unmatched.

Still, DOGE remains far below its 2021 all-time high of **$0.73**. The key question facing investors is whether ETF approval and institutional inflows can sustain long-term growth.

As institutional demand builds and mainstream financial products expand access, Dogecoin's evolution from a meme token to a recognized digital asset continues to gain momentum.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

YMIR Treasure Token: A New Step in the Legend of YMIR Ecosystem

chest

Introducing the YMIR Treasure token, a key element for successful adventures in Legend of YMIR.

user avatarGiorgi Kostiuk

BlackRock Examines Tokenization of ETFs to Expand Financial Opportunities

chest

BlackRock is harnessing blockchain technology to tokenize funds, enabling 24/7 ETF trading and broadening investor access to financial markets.

user avatarGiorgi Kostiuk

KuCoin Partners with Golfer Adam Scott for Brand Expansion

chest

KuCoin and Adam Scott signed a multi-year agreement to boost trust and visibility in the crypto and sports industries.

user avatarGiorgi Kostiuk

BlackRock Explores ETF Tokenization: A New Path to Investing

chest

BlackRock is exploring ETF tokenization using blockchain technology, which could revolutionize access to financial markets.

user avatarGiorgi Kostiuk

The Impact of Gold's Record Surge on Bitcoin and Altcoins — Market Dynamics Explained

chest

Gold has reached a new high of $3,675, breaking its correlation with Bitcoin while shifting investor focus toward altcoins.

user avatarGiorgi Kostiuk

Nordea Introduces Two Sustainable ETFs in Switzerland

chest

Nordea Asset Management has launched two sustainable ETFs on the SIX Swiss Exchange, reflecting the growing interest in sustainable investments.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.