How High Could Dogecoin Price Go If A DOGE ETF Is Approved?

Quick Summary:

Given the previous market response to Bitcoin ETFs, an approved Dogecoin ETF would likely attract substantial institutional investment and enhance market liquidity.

The approval of a DOGE Exchange-Traded Fund (ETF) could significantly impact the Dogecoin price, potentially driving it to new heights.

This surge in demand could push the price of Dogecoin well above its current levels, making the $1 mark a more realistic target for investors.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Price Analysis Dogecoin price Doge Dogecoin price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 05:33:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 23211774

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Main Topics: Crypto

Official Website: coingape.com

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