Dogecoin: Will the Dogen course reach five dollars? Much indicates this
- Doge could experience an upswing if the SEC approves a spot ETF that attracts institutional investments and increases market liquidity.
- The integration of the X platform could increase the benefit of Doge and make it accessible to more than 586 million users, which would promote wider acceptance.
Dogecoin (DOGE) is An important player from the Branche for over a decade. Since its introduction in December 2013, Doge has developed from Memecoin into a widely recognized assets of a large supporter. Although the token reached a record high during the house in 2021, it could not build on it. In 2025, attention is paid to two developments that could determine the next step of Doge: the SEC decision about the requested spot ETF and the possible introduction of Doge as a payment option to X.
ETF approval would attract institutional capital
Grayscale, an important player in the field of crypto assets management, applied for a Dogecoin-Spot ETF at the beginning of the year. The US Securities and Exchange Commission (SEC) still has to approve the application and recently extended its decision window.
Recently, the SEC under Paul Atkins expressed its willingness to look at the regulation of cryptocurrencies. In addition, Atkin’s supported new approaches in the financial industry, including digital assets.
Although the token reached its maximum price last year, it could not maintain this strong increase. By 2025, developments in connection with the proposed spot ETF and the addition of Doge will strongly influence its future as a payment option on the X platform.
As CNF reported, asset manager Grayscale applied for a Dogecoin ETF at the beginning of the year. The SEC has not yet decided, but extended its decision -making period. SEC boss Atkins and his team have been open to liberal regulation of cryptocurrencies. Atkins has expressed itself positively about the role of digital assets and new technologies in the banking sector.
Favorable conditions, but unsafe timing
In addition to these two developments, the general political environment in the United States seems to be more open to innovations in digital assets. In the meantime, analysts suspect that unexpected factors play a role in decision -making. While the focus of the SEC has now changed, it is still unclear whether this will lead to approval. In addition, Musk has not yet announced a time frame for the recording of Doge in X. If both apply, investors could accept and buy Dogecoin much faster.
When writing this article, Dogecoin (Doge) was traded at $ 0.2224, which reflects a decline of 2.69 % in the last 24 hours and a decrease of 1.63 % last week. With a circulating range of 150 billion doge, the asset has a market capitalization of $ 33.24 billion and a 24-hour trading volume of around $ 1.29 billion.
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