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Dogecoin Holds $0.17 as SEC Pushes ETF Decision to June

by Drop Gorn
April 30, 2025
in Crypto, Dogecoin, Finance, Memecoins, Opinion
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Dogecoin Holds $0.17 as SEC Pushes ETF Decision to June
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  • Dogecoin is trading at $0.17, down slightly, as the U.S. SEC delays its decision on Bitwise’s DOGE ETF to June 15, 2025.
  • Analysts, like Ali Martinez, say a monthly close above $0.20 could push DOGE back toward its all-time high of $0.74, with ETF hype acting as a major catalyst.
  • ChatGPT estimates DOGE could reach $1 to $3 in the mid-to-long term if investor sentiment improves and DOGE evolves beyond just being a meme.

Dogecoin is holding steady at around $0.17, dipping just over 1.2% in the last 24 hours. Not exactly dramatic, but it’s what’s going on behind the scenes that’s got everyone buzzing. The memecoin darling has found itself smack in the middle of the ETF spotlight, with big names like Bitwise hoping to launch the first-ever DOGE ETF.

But now? The U.S. SEC has decided to pump the brakes—again. The latest update? Bitwise’s DOGE ETF decision is now delayed, with a new review deadline of June 15, 2025. So yeah… more waiting.

A Rally on the Horizon?

Even with the delay, the ETF hype is far from dead. In fact, it might just be the fuel Dogecoin needs to get its next big run going.

Ali Martinez, one of the more vocal crypto analysts out there, believes DOGE could shoot up to $0.74—its all-time high—if it can manage one thing: closing a month above $0.20.

“If #Dogecoin $DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74,” Martinez noted. “Such a breakout would signal strong bullish momentum and potentially attract increased investor interest.”

And it’s not just analysts getting bullish. Even ChatGPT (yep, the AI) seems to think a $1 DOGE could be in play if the ETF goes live and investor sentiment keeps riding the wave.

If #Dogecoin $DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest. pic.twitter.com/ky88B6XFZy

— Ali (@ali_charts) April 28, 2025

Longer-Term Targets? They Might Surprise You

Short term? A $1 price target seems reasonable if the ETF hype keeps building. But mid- to long-term? ChatGPT speculates DOGE might even hit $2–$3, especially if it sheds the “just a meme” label and actually gains more real-world utility. Not a guarantee, of course—but hey, crazier things have happened in crypto.

Final Thoughts

So here we are: Dogecoin’s chilling at $0.17, ETF talks are simmering, and speculation’s heating up. If support holds and the SEC doesn’t drag its feet forever, DOGE could be setting up for a massive move. For now, though, traders are eyeing $0.20 like a hawk—it’s the level that might flip the switch from “meh” to “moon.”

Tags: Ali MartinezBitwiseChatGPTDogecoinETFsec
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