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Dogecoin Price Prediction: XRP, Solana, and DOGE ETF Filings Withdrawn – But Here’s Why That’s Not Bearish

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The SEC’s surprising request for asset managers to withdraw ETF filings for DOGE, XRP, Solana, and different altcoins could seem bearish at first look, however it’s really a setup for sooner approvals, supporting a bullish Dogecoin price prediction.

Reporter Eleanor Terrett defined on Monday that the company has launched a faster pathway for crypto ETFs by permitting direct S‑1 prospectus critiques as a substitute of the slower 19b‑4 course of.

This shift means spot ETFs for Dogecoin (DOGE), XRP, Solana (SOL), Litecoin (LTC), and Cardano (ADA) may attain public markets a lot sooner, making it simpler for each retail and institutional traders to achieve publicity.

What initially regarded like a setback may really speed up altcoin ETF launches, boosting demand and strengthening the outlook for DOGE and different main tokens.

Dogecoin Price Prediction: DOGE Could Deliver 335% Return In This Scenario

Despite the newest retreat within the value of DOGE, the token has nonetheless managed to e book a 6% achieve previously 30 days.

Trading volumes previously 24 hours have surged by 33%, though DOGE has retreated by 0.3%.

dogecoin price chart

The day by day chart reveals that the worth has hit a key pattern line help from which it may bounce strongly.

This demand zone is in confluence with the 200-day exponential transferring common (EMA), growing its relevance from a technical standpoint.

If DOGE begins to rise and breaks the ascending value channel proven within the chart, that will verify that constructive momentum is gaining traction.

A bullish transfer above $0.30 would solidify a bullish Dogecoin value prediction that might first push the token to $0.45 and then to $1, which means an upside potential of practically 335% for many who purchase DOGE at at present’s value.

Meanwhile, early crypto presales within the meme coin house like Pepenode ($PEPENODE) may ship even greater returns as these tokens are nonetheless flying under the market’s radar.

Pepenode ($PEPENODE) Presale Turns Mining Into a Meme-Driven Game

Pepenode ($PEPENODE) is a mine-to-earn (M2E) sport that lets customers construct digital mining rigs, incomes them actual meme cash.

The greatest a part of the sport is that you simply don’t want any {hardware} to get began.

Forget about costly computer systems. Buy $PEPENODE to arrange your digital server and launch new rigs to extend your mining energy.

The most profitable gamers will climb the leaderboard, however not only for bragging rights.

These prime performers will obtain airdrops of prime meme cash like Pepe ($PEPE) and Bonk ($BONK).

The sport additionally incorporates anti-bot measures, referral incentives, and a deflationary mechanic the place 70% of tokens used for upgrades are burned to cut back $PEPENODE’s provide because the group grows.

To purchase $PEPENODE now, head to the official Pepenode website and join a suitable pockets like Best Wallet.

You can swap ETH or USDT for this token or use a standard financial institution card to take a position.

Visit the Official Pepenode Website Here

The publish Dogecoin Price Prediction: XRP, Solana, and DOGE ETF Filings Withdrawn – But Here’s Why That’s Not Bearish appeared first on Cryptonews.

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