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Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back

Dogecoin climbed after studies stated the primary US Dogecoin ETF received approval, despite the fact that its buying and selling debut was pushed again. Traders piled in anyway, sending quantity greater and sparking speak throughout exchanges and social channels. The memecoin’s bounce got here amid blended alerts about timing.

ETF Approval And Pushback

Based on studies, the REX-Osprey Dogecoin ETF, ticker DOJE, acquired regulatory approval below the Investment Company Act of 1940. The fund had been anticipated to start buying and selling round September 18, 2025, however issuers later introduced a delay to a brand new date.

According to filings and press briefings, sponsors stated they’d set a revised itemizing date after ending required steps. That transfer modified the calendar for traders who had been planning trades across the earlier goal.

Price Snapshot And Market Size

According to figures from Coingecko, Dogecoin traded at $0.26 per coin after the information broke. Reported 24-hour quantity topped $4 billion, and market capitalization sat round $39–40 billion. DOGE was up 5% and 21% within the 24-hour and seven-day timeframes.

Technical watchers pointed to a pennant breakout sample. Some analysts talked about targets within the $0.28–$0.30 vary if momentum holds. Traders closed some brief positions and added lengthy publicity through the session.

Market Reaction And Flows

Reports have disclosed that some massive holders elevated accumulation whereas retail merchants chased momentum on social platforms. Options desks confirmed an increase in exercise, and order books tightened on a number of main exchanges.

At the identical time, flows into crypto funds had been being watched carefully by market makers, who stated early demand might decide whether or not the worth transfer sticks. Volume spikes had been sharp however temporary in elements of the buying and selling day.

Community Response And Criticism

Supporters welcomed simpler, regulated entry to DOGE by way of an ETF car. Critics pushed again, warning that packaging a memecoin right into a mainstream fund dangers channeling extra speculative money right into a product with no conventional utility.

Based on market chatter, commentators raised questions on disclosure, buying and selling guidelines, and whether or not retail traders absolutely understood the product’s dangers. Public response cut up between pleasure and warning.

What To Watch Next

Investors will probably be watching the sponsors’ new itemizing date, the fund’s first filings, and early inflows when the debut lastly happens. Order books, choices open curiosity, and brief curiosity are key early alerts.

If the fund attracts sturdy inflows, Dogecoin might keep bid and push towards the $0.28–$0.30 targets some merchants cite. If curiosity fades, features may very well be examined shortly.

This stays a creating story. Market members ought to examine stay costs, official filings, and sponsor statements earlier than buying and selling.

Featured picture from Pixabay, chart from TradingView

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