DOGE ETF Approval Odds Jump to 65% – $1 DOGE Incoming?

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Alejandro Arrieche

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Alejandro Arrieche

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February 14, 2025 11:42 EST

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Dogecoin (DOGE) has rallied by 6.1% in the past 24 hours and currently stands at $0.2738 as the U.S. Securities and Exchange Commission (SEC) acknowledged applications for spot exchange-traded funds (ETFs) for both DOGE and XRP.

Now, the SEC has 240 days to review and issue a response for these applications.

As a result of this positive development, the odds of an approval of a spot ETF for DOGE before the end of December 2025 increased to 66% in the prediction market Polymarket.

This is the highest level that wagers in favor of a “Yes” have reached since the betting event kicked off.

However, bettors are giving much lower chances to a scenario in which a DOGE ETF is approved before the end of July this year.

Apart from Grayscale, Bitwise, Rex Shares, and Osprey Funds have also filed applications with the SEC to list a Dogecoin ETF.

Asset management firms aim to seize the moment to get these products listed now that a pro-crypto administration has taken over the reins.

Right after Donald Trump entered the White House, he appointed Mark Uyeda as acting Chairman of the institution.

Uyeda quickly assembled a Crypto Task Force to meet with the sector’s top players to discuss how to provide companies with additional regulatory clarity while he also vowed to stop the regulation-by-enforcement approach that his predecessor, Gary Gensler, adopted during his tenure.

DOGE Can Surge to $0.35 in the Near Term as Positive Momentum Picks Up

With today’s uptick, DOGE has gained 7.1% over the past week, though it remains in the red for the year with a 13.6% decline.

On the technical front, DOGE has established strong support at $0.24 and is now pushing past key resistance at $0.26, signaling potential for further upside.

Momentum indicators favor a bullish move as the Relative Strength Index (RSI) crossed above the signal line while the MACD’s histogram posted its first positive reading in 21 days in the daily chart.

Also read: Dogecoin Price Prediction 2025-2030

For now, DOGE could be on the move to reach $0.35 per token in the short term as momentum readings are confirming a bullish outlook.

For traders, this results in a 30% upside potential while the downside risk is around 16% if DOGE breaks below the $0.24 support.

This results in a risk/reward ratio of 1.875. Meanwhile, if the price breaks above that threshold, it would be plausible to see DOGE retesting the upper trend line shown in the chart, which stands at around $0.38 per coin.

DOGE’s positive outlook should help crypto presales like MIND of Pepe ($MIND) attract further interest from investors.

MIND of Pepe Raises $6.1M Just a Month After Its Presale Event Started

MIND of Pepe ($MIND) is rapidly emerging as one of the most successful crypto presales of the year, with its AI agent token securing $6.1 million from investors in just a month.

Building on the success of predecessors like AIXBT and VIRTUAL, MIND of Pepe is introducing a cutting-edge AI agent designed to establish a dominant presence on social media platforms like X by engaging with influential figures in the crypto space.

As its influence grows, MIND of Pepe will identify emerging social trends and deliver exclusive, monetizable insights to $MIND holders.

The AI agent also has the ability to launch meme coins that tap into trending market narratives, giving $MIND investors exclusive early access to private sales before the wider public presale begins—maximizing their profit potential.

To buy $MIND, head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet).

Either swap USDT, ETH, or BNB, or use a bank card to make your investment.