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Dogecoin Reclaims $0.30 Ahead of ETF Launch


Peter Brandt calls Dogecoin’s $0.30 reclaim a “huge breakthrough” as the first DOGE ETF launch approaches, sparking bullish predictions.

Dogecoin rally to reclaim the $0.30 level has caught the attention of veteran trader Peter Brandt, who described it as a “huge breakthrough.” The move is seen as a positive development for the meme coin, especially as the first Dogecoin ETF prepares for its launch next week.

Peter Brandt Reacts to DOGE Rally

Peter Brandt, a well-known figure in the trading community, took to X  to express his thoughts on Dogecoin recent price action. He described the reclaiming of the $0.30 level as a significant milestone for DOGE. “Huge breakthrough” was Brandt’s exact comment, highlighting the importance of the $0.30 price point, which has been a psychological barrier for the token.

This surge marks a multi-month high for Dogecoin, fueling optimism among traders and investors. The breakout above $0.30 has led to predictions that the token could continue its upward momentum, potentially reaching its 2025 high of around $0.41.

DOGE ETF Launch Boosts Sentiment

The rally comes just ahead of the launch of the first-ever Dogecoin ETF, set to take place next week. Initially planned for this week, the launch has been delayed by a week, according to Bloomberg analysts Eric Balchunas and James Seyffart. 

The REX-Osprey Dogecoin ETF will offer institutional investors exposure to DOGE and will hold spot tokens, setting it apart from traditional crypto ETFs. This move is seen as a milestone in making Dogecoin more accessible to institutional investors.

The ETF’s launch is expected to further increase Dogecoin’s visibility in the market and could lead to more investment inflows. This new product will be the first of its kind and may play a significant role in DOGE’s future growth.

Analysts Predict Further Gains for Dogecoin

Several analysts are forecasting additional price gains for Dogecoin following its surge above the $0.30 mark. Crypto analyst Javon Marks has predicted that DOGE could reach as high as $0.6533, representing a potential gain of more than 100%. 

According to Marks, the breakout above $0.30 has been driven by significant strength, signaling that a rally to this level is possible.

Another analyst, Ali Martinez, echoed this sentiment, stating that DOGE is still in a favorable buying zone. 

He believes that the current bullish breakout could lead to substantial gains. Many traders are now watching closely for further price movements, as Dogecoin has shown strong technical strength over recent days.





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