Dogecoin is once again capturing the attention of investors, fueled by recent developments surrounding a potential exchange-traded fund (ETF).
Grayscale has officially filed to convert its Dogecoin Trust into a spot ETF, bringing renewed focus to the meme-inspired cryptocurrency.
This filing comes at a time when DOGE is experiencing downward price pressure. However, market analysts believe that this move could act as a catalyst to establish a price bottom for the asset.
As the conversation around Dogecoin’s ETF continues, investors are closely watching to see how this development might influence the cryptocurrency’s future performance.
https://www.tronweekly.com/dogecoin-price-analysis-doge-eyes-0-38-breakou/