Dogecoin ETF launch can help DOGE touch new highs while the Shiba Inu team also predicts new highs for the SHIB token. Amid the increasing DOGE and SHIB momentum, the DTX Exchange leads the list of gains with a staggering $12.5 million presale raise in this bull run. Analysts place their bets on DTX Exchange!
Dogecoin ETF May Launch in April 2025: Can DOGE Reach $1?
Dogecoin, the beloved meme cryptocurrency, is making headlines once again. Bitwise Asset Management recently registered an entity named ‘BITWISE DOGECOIN ETF’ in Delaware.
Although this isn’t an official ETF application yet, it signals a bold move toward filing in the future with the U.S. Securities and Exchange Commission (SEC). The cryptocurrency community is abuzz with speculation, and rightly so—Dogecoin may soon join the ranks of Bitcoin and Ethereum in the ETF space.
Adding to the allure, Dogecoin’s logo now prominently appears on the newly launched website of the U.S. Government Efficiency Office (DOGE), created by an executive order effective January 20, 2025. While it may seem trivial, this recognition has fueled the growing popularity of Dogecoin, drawing even more attention to the cryptocurrency.
After this news, the price of Dogecoin surged 4% with DOGE reaching $0.373 before stabilizing around $0.36. The market witnessed a wave of whale activity, with significant holders accumulating 590 million DOGE tokens within just 24 hours.
Currently, these wallets hold approximately 47.7 billion DOGE, accounting for 30% of the total supply. While this accumulation reflects optimistic sentiment, it also raises questions about volatility. A significant sell-off by these whales could lead to sharp price fluctuations, a concern for retail investors entering the market.
Shiba Inu Team Predicts New Historic Moment For SHIB
The Shiba Inu marketing lead noted that the next four years will be interesting, hinting at significant developments within this period. Lucie suggested investors could witness another historic moment over the next four years for SHIB.
Although she did not provide specifics, the context of her tweet indicates that altcoins like Shiba Inu could experience significant price surges in the upcoming alt season. One of the biggest alt seasons took place in the 2020/2021 market cycle. Interestingly, Shiba Inu, which launched within this period, emerged among the biggest gainers.
SHIB price spiked by over 153 million percent, soaring from its initial launch price of $0.000000000056 on August 1, 2020, to an all-time high (ATH) of $0.00008616 on October 28, 2021.
It bears mentioning that this surge was driven by several notable events, including SHIB’s listing on Tier-1 exchanges and Ethereum co-founder Vitalik Buterin’s burn of 410 trillion tokens.
Nonetheless, this record constitutes a major part of Shiba Inu’s history. Several investors expect SHIB to replicate this performance in the 2024/2025 alt season. While many market observers expect the 2024/2025 bull season to be the biggest due to the inception of a pro-crypto administration in the United States, altcoins are yet to register substantial price spikes.
DTX Exchange: Hottest Project With A 16,500% Upside Potential
Since its presale launch, DTX Exchange (DTX) has become one of the most talked-about cryptos in the DeFi space, leaving behind industry veterans like DOGE and SHIB. The platform’s unique approach to stocks and crypto trading has pushed it from being a newcomer to becoming one of the hottest altcoins in the space.
Most investors find asset management to be a burden since they must alternate between trading their chosen assets on forex, equities, and cryptocurrency platforms. By launching the first unified trading platform with upcoming regulatory clarity in more than 41 countries, DTX Exchange (DTX) is turning this trend around.
The platform uses its Layer 1 VulcanX blockchain to integrate crypto with conventional assets. It is a hybrid network that addresses the limitations users face in purely private and public networks.
Furthermore, it sets itself apart through its exceptional speed seen in its recently launched testnet. VulcanX gave an estimated 200,000 TPS, setting a record for being the fastest in the industry.
Additionally, its features include the Phoenix Wallet for asset custody, an upcoming Real World Asset tokenization platform, and ETF trading. DTX Exchange is all set to be the leading force in the crypto world, giving a tough time to players like Dogecoin and Shiba Inu.
Key Takeaways
Outperforming Dogecoin and Shiba Inu in this bull run, DTX Exchange grabs the show with its distinct features. DOGE and SHIB are left in the dust with a whopping $12.5 million DTX presale raise.
Learn more:
