Today, Dogecoin $0.410956 The price increased by 11% and reached its highest monthly level. Although this increase occurred during the overall market recovery, expectations for the Dogecoin ETF played a larger role. Especially the developments near Trump’s inauguration are noteworthy.
Launch of Dogecoin ETF
Spot Bitcoin at the beginning of 2024 
$101,851.7 The launch of the ETF created opportunity for exchange-traded funds of other popular cryptocurrencies. The popularity and high inflows of the BTC ETF caused the price of Bitcoin to rise. This performance increased demand for the launch of the Dogecoin ETF. Analysts think an ETF makes sense for a high-demand and adopted meme coin like Dogecoin.
According to Polymarket data, the probability of approval of the Dogecoin ETF in 2025 is seen as 36%. This rate is low compared to the 70% approval probability of the XRP ETF. However, many companies have applied for ETFs. Factors such as Dogecoin’s high volatility and lack of inherent utility have some analysts calling the ETF launch risky.
Effect of ETF on Dogecoin Price
Similar to the impact of the Bitcoin ETF on the price rally, the Dogecoin ETF is also expected to have a significant impact on the price. Experts argue that the launch of a DOGE ETF could lead to Dogecoin rising above $1 and providing a more stable investment option. This may reduce the high volatility of meme coins.
“If the trend continues, it may be possible for Dogecoin to reach $20 in the coming years.” -Ali Martinez
Dogecoin is currently trading at $0.4162, requiring a nearly 50x increase to reach $20. Most experts state that ETF approval could significantly increase the price of Dogecoin, while some say Ethereum 
$3,404.7 He states that it could lead to consequences similar to the failure of his ETF.
2024 has been positive for the crypto market with ETF launches, Bitcoin price rally, and Trump’s crypto-friendly stance. Experts expect this trend to have more positive effects in 2025. If the Dogecoin ETF is approved, it is possible that the price will move upwards.
Dogecoin may surpass the $1 level as it surges 173% since Trump’s victory in the US elections. In the short term, reversals in Fibonacci levels can determine price movements and if the bullish momentum continues, steady increases in the price of Dogecoin can be observed.
The launch of the Dogecoin ETF by 2025 could be a major milestone for investors. If the ETF is approved, Dogecoin is expected to be accepted by a wider audience of investors and its price will rise steadily. However, the SEC’s decision and market conditions will determine this process.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
