Dogecoin Leads Altcoin Rally Amid ETF Speculation: Is $1.50 the Next Big Target?

Dogecoin (DOGE) is leading the altcoin market higher as speculation surrounding a potential Rex-Osprey Dogecoin ETF ￰0￱ memecoin surged 7% in the past 24 hours, climbing to $0.231, with daily trading volume spiking 123% to $2.6 ￰1￱ Reading: American Bitcoin, Backed By Trump, Ends Nasdaq Debut Up 17% According to prediction market Polymarket, the odds of DOGE ETF approval this week stand at 94%. Experts suggest such an approval could mark a turning point for Dogecoin, potentially placing it alongside Bitcoin and Ethereum in the regulated ETF ￰2￱ Geraci, President of NovaDius Wealth Management, noted on X that the “first Dogecoin ETF appears likely to launch this week,” fueling excitement across the crypto ￰3￱ Eye Higher Targets for Dogecoin (DOGE) Technical analysts remain optimistic, with Dogecoin currently trading within a long-term logarithmic ￰4￱ patterns highlight a broadening wedge, historically linked to explosive ￰5￱ now point to $1.40 as the next major resistance level, with some forecasts suggesting a move toward $1.50 if ETF-driven momentum ￰6￱ interest in DOGE futures has surged 14.5% to $3.81 billion, while options activity has more than ￰7￱ skew toward bullish positions shows traders’ confidence, though analysts caution that a rejection at resistance could trigger sharp ￰8￱ near-term volatility risks, long-term projections remain ￰9￱ strategist Javon Marks even suggested DOGE could see an 860% upside, targeting as high as $2.28 in the next major cycle.

DOGE's price trends to the upside on the daily chart.), and Hyperliquid (HYPE) also recording ￰10￱ is being boosted not only by ETF speculation but also by expectations of a 50 basis point Fed rate cut at the upcoming September 17 meeting. A dovish policy shift could inject fresh liquidity into risk assets, further supporting altcoin ￰11￱ Dogecoin ETF, if approved, would represent the first U. S.-listed investment product tied to a meme ￰12￱ a milestone could expand institutional access, reinforce DOGE’s market leadership, and provide a foundation for its next price ￰13￱ Reading: Bitcoin LTH Aging Velocity Turns Negative: Distribution Phase Unfolds For now, all eyes remain on ￰14￱ sentiment strong and technicals flashing bullish signals, the market is watching closely to see if Dogecoin can extend its rally toward the much-anticipated $1.50 ￰15￱ image from ChatGPT, DOGEUSD chart from Tradingview