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Will DOGE Price Recover as Dogecoin ETF Odds Jump to 94%?

Will DOGE Price Recover as Dogecoin ETF Odds Jump to 94%?

CoinspeakerCoinspeaker2025/09/04 16:00
By:By Bhushan Akolkar Editor Hamza Tariq

Analysts predict a Dogecoin price breakout to $10, expecting a parabolic rally similar to the 2017 and 2021 bull runs, as DOGE ETF approval chances spike.

Key Notes

  • The Dogecoin price chart shows a perfect setup for a trend reversal to the upside.
  • Nasdaq-listed Thumzup Media is acquiring DogeHash Technologies to operate 3,500 DOGE mining rigs, citing a major opportunity in this space.
  • The probability of a spot Dogecoin ETF approval has jumped to 94% on Polymarket following Rex Shares’ prospectus filing for its Rex-Osprey DOGE ETF.

Dogecoin DOGE $0.21 24h volatility: 1.2% Market cap: $32.39 B Vol. 24h: $2.00 B price has faced a volatile week, swinging in the range between $0.20 and $0.22, as investors await a strong catalyst to push it higher.

With Dogecoin ETF approval chances surging to 94% on Polymarket, investors are now bracing for a major reversal to the upside.

Dogecoin Price May Follow 2017 and 2021 Rally Patterns

Meme coin DOGE has lagged behind during the recent altcoin rally, trading sideways and dipping to lows around $0.20. Despite this, analysts are still predicting a potential rally to $1 .

Trader Tardigrade, a popular analyst in the crypto space, noted that DOGE is showing signs of a bottom formation, ahead of a major parabolic rally in the making.

If Dogecoin follows a trajectory similar to the 2017 and 2021 bull runs, it could climb as high as $10.

$Doge /weekly #Dogecoin massive surge is coming 🔥 pic.twitter.com/m5YOtrkqt2

— Trader Tardigrade (@TATrader_Alan) September 5, 2025

The largest meme coin continues to attract institutional interest, with firms like CleanCore aiming to build their own DOGE Treasury.

In a related move, Nasdaq-listed Thumzup Media, backed by Donald Trump Jr., announced plans to position itself as a major player in the Dogecoin space.

In the latest development, Thumzup Media has announced plans to acquire DogeHash Technologies, a Dogecoin mining operation.

This acquisition includes 2,500 operational mining rigs, with an additional 1,000 units ordered, totaling 3,500 rigs.

This move will help the company position itself as a significant player in the Dogecoin mining sector. To fund this expansion, Thumzup completed a $50 million common stock offering at $10 per share in August 2025.

Dogecoin ETF Approval Odds Surge to 94%

Talk of a spot Dogecoin ETF is heating up again, as Rex Shares hinted that its Rex-Osprey DOGE ETF could launch as early as next week. The asset manager filed the application with the US SEC earlier this year.

Looks like Rex is going to launch a Doge ETF via the 40 Act a la $SSK next week based on below tweet combined w how they just filed an effective prospectus. Doge looks like first one to go out, but the pros also includes on there are Trump, XRP and Bonk so poss those too at some… https://t.co/svyAFLB8Q3

— Eric Balchunas (@EricBalchunas) September 4, 2025

Following this development, the chances of Dogecoin ETF approval on the decentralized prediction market Polymarket have risen to 94%, potentially setting the stage for a significant Dogecoin price move.

Will DOGE Price Recover as Dogecoin ETF Odds Jump to 94%? image 0

Dogecoin ETF approval chances went up to 95%. | Source: Polymarket

Maxi Doge相关动态

  • Ticker: MAXI
  • Network: Ethereum
  • Token Price: $0.0002555
  • Funds Raised: $1.85M

Maxi Doge也计划扩展至永续市场,争取在2025年树立领先meme币形象。

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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