Dogecoin ETFs have long been an intense matter of speculation. However, this speculation now finally comes to an end as one of the Dogecoin ETFs by 21Shares has been made live on Nasdaq. This is a major feat for Dogecoin, as the token has long been struggling to create its own momentum. Will this development help Dogecoin price score a new parabolic run? When will Dogecoin truly shine in the near future?

Also Read: Why Is XRP Dropping: 2 Bold Catalysts That Could Trigger a Reversal

Dogecoin ETP Goes Live: Why Is This Important For Dogecoin?

The Dogecoin ETF by 21Shares has been made live on Nasdaq, delivering another major milestone for the asset to enjoy and bask in. The aforementioned ETF has been launched in collaboration with House of DOGE, offering investors a chance to secure safe exposure while exploring Dogecoin as an asset. Per a recent post by Mario Nawfal, this ETF could play an instrumental role in strengthening Dogecoin’s institutional adoption by amplifying its ecosystem to support the social infrastructure domain.

Dogecoin has long been struggling to gain pace. The token has been projecting a dormant price stance as of now. With the ETF going live, the token may end up attracting some credible inflows, which then, coulecosystemthen couldd trigger a spike in its price structure and routine.

Per a latest post by Jonathan Carter, the token has already started to show serious price activity as DOGE prithe latestthe DOGEce continues to aim for $0.28 in the near future.

“#DOGE Descending Channel Breakout Imminent. Dogecoin is poised to break out from the descending channel formation on the daily chart. Price action above the MA 50 indicates a potential reversal from a prolonged downtrend structure🔍Upsthe DOGEstructure. 🔍 ide targets:🎯. $structure. 🔍 targets: 🎯. 0.153. 🎯 $0.18 targets: 🎯. $0.18 2. 🎯 $0.20 6. 🎯 $0.240🎯 $0.280. “

Will This ETF Help DOGE Price Spike?

According to CoinCodex DOGE stats, Dogecoin is now aiming for $0.14, which can be dubbed as a modest price spike for the asset. Considering the markets may gradually pivot towards doge ETFs, the heightened demand could eventually help straighten Dogecoin’s price, assisting the asset in peaking to new highs.

“According to our latest Dogecoin price prediction. DOGE is forecasted to rise by 15.21% and reach $ 0.1445 by February 22, 2026. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 24 (Extreme Fear). Dogecoin recorded 10/30 (33%) green days with 7.14% price volatility over the last 30 days.”

When Is Dogecoin Truly Peaking Per Technical Analysis Platforms?

Per CoinCodex DOGE metrics. Dogecoin may truly pick up speed around 2030, rising to hit a new price mark of $0.28.

“According to our latest Dogecoin price prediction. DOGE is forecasted to rise by 123.76% and reach $0.2806 by December 30, 2030. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 24 (Extreme Fear). Dogecoin recorded 10/30 (33%) green days with 7.14% price volatility over the last 30 days.”

Also Read: Shiba Inu Coin Profit Calculator: How Much 1M SHIB Is Worth by 2030