{"content":"🐕 Dogecoin Gets Serious: ETF Launch This Week Could Change Everything Dogecoin breaks above the symmetrical triangle pattern, suggesting a bullish trend. Bloomberg analyst Eric Balchunas expects Dogecoin's DOJE ETF to start on Thursday. On-chain statistics and technical analysis imply a rebound to $0.311. Dogecoin (DOGE) price remains stable around $0.240 on Wednesday after breaking above a symmetrical triangle formation, indicating a bullish advance. Senior Exchange-Traded Fund (ETF) analyst Eric Balchunas of Bloomberg expects a Dogecoin ETF, DOJE, to debut on Thursday. On-chain statistics show substantial holder accumulation, with technical analysis projecting $0.311 in the next days. Is DOJE the first meme currency ETF? Bloomberg Senior ETF analyst Eric Balchunas tweeted that the “meme coin ETF era about to kick off,” with Dogecoin's Rex-Osprey (REX Shares and Osprey Funds) ETF with ticker DOJE slated to debut on Thursday. Despite several 33 Act files awaiting SEC clearance, this might be the first US ETF to hold “something that has no utility on purpose.” He said, “The Doge people (what do you call them, Doge-rs?) are objecting to my ‘no utility’ comment. Two men started the coin as a prank. What's the use? If authorized on Thursday, an ETF would make it simpler for conventional investors to invest in DOGE without buying and storing the cryptocurrency. This would be good for DOGE in the long run. From Sunday to Wednesday, whales holding 100,000–1 million, 1 million–10 million (yellow line), and 10 million–100 million Dogecoin tokens amassed 280 million tokens, demonstrating market confidence. On Monday, dogecoin price broke above the symmetrical triangle formation (made by connecting many highs and lows with two trendlines since mid-July), indicating a bullish rise. DOGE was rejected by the daily resistance level of $0.247 on Tuesday, and as of Wednesday, it's around $0.240. DOGE might rise to $0.311, the next daily resistance level, if it closes above $0.247. #DOGE #Dogecoin‬⁩ #ETF #Write2Earn $DOGE ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/10/75dee9a9b1354df78a3861a2687c7f89.png"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}