Altcoin
Analysts Predict Dogecoin Price To Hit $4 Amid DOGE ETF Hype
The crypto community is abuzz with excitement as the Dogecoin price is poised for a significant breakout. Analysts point out a possible Dogecoin ETF approval as the catalyst for the memecoin’s potential uptrend. As the global crypto market has grown to $3.18 trillion, up 2.84%, all eyes are on DOGE to see if it could bring substantial profits.
Dogecoin Price Explodes: $4 in Sight
Mirroring the crypto market’s upward momentum, the Dogecoin price is currently on a positive track. While DOGE hovers around the $0.25 level, analysts remain confident about the memecoin’s further upward push.
In a comprehensive analysis, crypto content creator Trader Tardigrade predicted the Dogecoin price’s bullish target of $4. The analyst shared an X post, asserting that DOGE’s Price Momentum Oscillator (PMO) indicates an imminent price surge.
Meanwhile, analyst Crypto Tony stated that DOGE’s upward rally is “only a matter of time.” Drawing on historical trends, Crypto Tony predicted that if DOGE crosses the crucial $0.350 support level, the Dogecoin price could be poised for new all-time highs.
Dogecoin ETF Frenzy Sparks DOGE Rally
In a recent development, NYSE Arca submitted a 19b-4 form to the Securities and Exchange Commission (SEC) to list and trade Grayscale’s spot Dogecoin ETF. The move followed Grayscale’s launch of Grayscale Dogecoin Trust on the same day. Elaborating on the prospects of Dogecoin ETFs, NYSE Arca stated,
Similar to Bitcoin and Litecoin, DOGE can be used to pay for goods and services or can be converted to fiat currencies…Additionally, DOGE is used to pay for transaction fees to miners for verifying transactions on the Dogecoin Network.
Interestingly, Bloomberg analysts James Seyffart and Eric Balchunas released an ETF prediction chart detailing the SEC’s possible actions on altcoin ETFs. “The SEC could acknowledge the spot ETF filings for XRP and DOGE within days,” said Seyffart fueling speculations of an imminent DOGE ETF approval.
The analysts estimate a 75% chance of a Dogecoin ETF approval, which in turn sparked excitement on DOGE’s possible price movements. A Dogecoin enthusiast, Doge Lord, forecasted the memecoin’s ascendance to $1 during this cycle.
Expectations of a Dogecoin price surge have also been fueled by Changpeng Zhao’s (CZ) plans to launch a new memecoin inspired by his pet dog. CZ recently teased the introduction of his pet, sparking speculation that it may mark the beginning of a new trend in dog-themed cryptocurrencies.
What Does Current Trend Signify?
As of press time, the Dogecoin price is $0.2573, up by 2.66% in a day. However, DOGE has experienced a grave fall of 27% over the last 30 days. With a market cap of $37.75 billion, and trading volume of $1.75 billion, Dogecoin continues to attract traders and investors.
Meanwhile, Rose Premium Signals, a prominent crypto voice on X, provided three targets for Dogecoin. The analysts argued that the memecoin is rebounding from the Fibonacci support zone of $0.20083. According to the analyst, this resurgence signals a possible breakout targeting three points- $0.49931, $0.57406, and $0.65437. Experts also believe that a break above $0.29 could mark the beginning of a new era for DOGE.
Nonetheless, only time will reveal if these predictions and analyses prove accurate. In the meantime, traders are advised to remain cautious, conduct thorough research, and make informed investment decisions.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Solana price has gained by a strong 6% in the last 24 hours moving to $135 amid the optimism surrounding the launch of futures Solana ETF by Volatility Shares on Thursday. As a result, traders have charged in with daily trading volumes for SOL surging by 61% to more than $3.57 billion.
Solana Price Action Draws Trader Interest, Is Bottom In?
Today’s Solana price action happens along with significant trader interest in the altcoin. Popular crypto analyst Ali Martinez pointed out that the Solana futures open interest has shot up to $2.7 billion, the levels last seen in October 2024. This shows a renewed interest in the Solana derivatives market while signaling growing participation from investors and traders alike.
After hitting the highs of around $270 in November 2024, the Solana price corrected more than 50% from the top in just the last four months. However, market analysts believe that SOL is showing signs of a bottom formation, and could reverse its trajectory from here onwards.
As shown in the below image, the Solana price has broken out of the converging triangle pattern. As a result, the immediate target on the upside could be in the range of $150-$180. Once the bulls successfully cross this range, we can see another leg of the rally to %260 and beyond.
Tuesday’s FOMC meeting saw the Federal Reserve keeping interest rates unchanged at 4.5%, which is the expected line. Bitcoin and the broader crypto market took this as a positive indicator with investors showing strength. The current SOL price prediction by analysts suggests that the bullish sentiment is once again picking up with the hope of an altcoin market revival.
Solana ETFs Go Live Today
In a major development for the crypto community, Florida-based investment giant Volatility Shares will bring the first-ever futures Solana ETFs to the US market. This marks the stepping stone for getting the spot ETF products into the market in the future. This is the same trajectory that was followed to bring spot Bitcoin ETF and spot Solana ETF to the market.
Volatility Shares LLC will introduce two Solana Futures ETFs with tickers – SOLZ and SOLT. Here, the standard Solana ETF (SOLZ) will directly track Solana futures, while the leveraged Solana ETF (SOLT) will provide investors with double the exposure to Solana price movements.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Ark Invest’s Cathie Wood is one of the outspoken supporters of crypto and blockchain technology. As the CEO of Ark Invest, Wood has built her credentials as a certified “stock picker,” pushing Ark Innovation Fund to $23 billion in assets. In addition to her lucrative selections, Wood is a well-known industry analyst.
In her latest statement, Wood predicts that most memecoins will become “worthless” since these assets only rely on celebrity hype, with no real-life use cases.
In an interview, Wood argued that combining artificial intelligence and blockchain technology generates millions of potentially worthless memecoins. She added that her company, Ark Invest, doesn’t plan to invest in memecoins.
Image: Gemini Imagen
Cathie Wood Says Most Memecoins Will End Up ‘Worthless’
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to @CathieDWood.
The combination of blockchain technology and artificial intelligence is… pic.twitter.com/n6j27oPP2m
— MetaEra (@MetaEraHK) March 19, 2025
Memecoins Will Have No Value Soon?
In a Bloomberg interview, Cathie Wood expressed her sentiments on memecoins, a class of assets created using artificial intelligence and blockchain technology. According to her, many of these coins will soon become worthless.
Ark Invest CEO Cathie Wood. Source: Patrick T. Fallon/AFP via Getty Images
Memecoins are types of digital assets that were initially created as jokes and a jab at the popularity of Bitcoin and often a reflection of trends and current events. Last February, the Securities and Exchange Commission (SEC) stated that such coins are not securities but are still regulated.
Buyers Of Memecoins, Beware
In the same Bloomberg interview, Wood talked about her insights and recommendations on meme cryptos. When asked about these assets, Wood reminded investors and holders. She shared that there’s a huge possibility that investors can lose money with memecoins and that regulators, including the SEC, will not take full accountability.
Wood’s statement comes amid an increasing attention and demand for these assets after US President Donald Trump took office. Trump launched a meme token that surged on the first few days but is currently trading at a loss.
Wood further stated that these memecoins would turn into “digital collector’s items”, and some of these may withstand the test of time, including TRUMP coin. Last January, Wood warned against investing in the TRUMP token, saying that this asset has no real-life utility.
ARK INVEST RECEIVED $80M OF $BTC FROM COINBASE TODAY
ARK INVEST IS BUYING BITCOIN pic.twitter.com/FmpyoNa15A
— Arkham (@arkham) March 13, 2025
Wood Remains Bullish On Bitcoin And Other Altcoins
Meanwhile, Wood retained her bullish take on Bitcoin and the broader crypto market. She mentioned that the use cases for Bitcoin, Solana, and Ether are expanding and will become important to society.
Recent reports disclosed that Wood’s company recently bought 997 Bitcoins valued at $80 million through Coinbase, underscoring its commitment to the top asset.
Wood has consistently predicted that Bitcoin will pass $1 million in market value by 2030. However, Bitcoin is trading under $82k, down by about 13% this year.
Featured image from Pexels, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
As Ethereum price climbed above the $2,000 mark, theories for a mega rally have taken a life of their own. Analysts say the bottom may be priced in for Ethereum (ETH) amid a wave of dour reports for the asset.
Ethereum Price Is On Course To Record New Highs
Ethereum is staging a strong recovery since it slipped below the $2,000 mark in early March. Several analysts say a rally for the largest altcoin is in the offing, citing a slew of technical indicators.
Pseudonymous crypto analyst Master Kenobi disclosed on X that indicators suggest that the bottom is already in for Ethereum’s price. Master Kenobi hinged his theory on a previous pattern from 2020 and the subsequent rally that followed for Ethereum.
According to Master Kenobi, a steep Ethereum price crash in 2020 laid the foundation for an all-time high with the analyst identifying a similar pattern in 2025.
“An identical ABCDE formation of roughly equal duration concluded with an induced panic crash exactly five years later,” said Master Kenobi.#
Master Kenobi highlighted a long-range hidden bullish divergence that is suggestive of weakening downward pressure for the Ethereum price. Since ETH slipped below $2K, selling pressure for Ethereum reached frantic levels, sparking outflows from ETFs running into a small fortune.
Several Dour Reports Threaten ETH’s Recovery
Despite the predictions for a rally, Ethereum price can experience a slump, ruining the party for investors. Standard Chartered slashed its ETH 2025 target by a jarring 60% from $10,000, casting a shadow of doubt on future price movement.
Apart from the recalibration of Standard Chartered’s end-of-year prediction, Ethereum DeFi lost $29 billion from its ecosystem over 30 days. There are whispers that the Ethereum price can reach $5,000 following the Pectra upgrade to the test net but a crash to $1,600 remains a plausibility.
At the moment, Ethereum is trading at $2,020 and is up by 4.40% over the last day. Daily trading volumes have spiked by 92% over 24 hours, settling at 20.27 billion in defiance of the grim reports for Ethereum.
Aliyu Pokima
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Onyxcoin (XCN) Drops 40% In March as Bears Take Over
US SEC Exempts Proof-Of-Work Mining From Security Obligations
Here’s Why XRP Holders Will Likely Drive Price To $3.00
Coinbase Provides Blueprint For US SEC On Digital Assets Regulation
BNB Chain Overtakes Solana in Weekly DEX Trading Volume
Solana Faces Overvaluation: Price Stagnation Ahead?
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Regulation22 hours agoPresident Trump To Address Crypto Summit Amid Bitcoin Reserve Strategy
-
Ethereum21 hours agoEthereum’s Price Action Paints One Of Its Worst Charts Ever, What Comes Next For ETH?
-
Market21 hours agoHyperliquid (HYPE) Might Hit $20 Amid Potential Golden Cross
-
Market24 hours agoWhen Will Bitcoin (BTC) Break to New All-Time Highs?
-
Altcoin24 hours agoBrad Garlinghouse Predicts XRP Will Be Included In Digital Asset Stockpile
-
Market15 hours agoNinjaTrader Could Become Part of Kraken in $1.5 Billion Deal
-
Altcoin20 hours agoAnalyst Reveal XRP Price Path To $5 as Ripple Vs SEC Lawsuit Ends
-
Market20 hours agoPi Network Pioneers Allege Bot Activity on CoinMarketCap
✓ Share: