Dogecoin Outpaces Top 10 Cryptocurrencies with 13% Weekly Gain Amid ETF Buzz

Technical Details 

• Performance Snapshot: DOGE jumped 13% in the last seven days, including a 3% uptick since Monday.
• Comparison: During the same period, Bitcoin and Ethereum recorded more modest weekly gains of 2.5% and 7% respectively.
• ETF Catalyst: Investor enthusiasm is partly driven by REX-Osprey’s upcoming DOGE ETF, expected to launch under the U.S. Investment Company Act of 1940 (40-Act), making it one of the earliest regulated memecoin products.

Analyst Perspectives 

Market analysts caution that while Dogecoin’s ETF narrative is sparking short-term enthusiasm, the absence of direct exposure to DOGE itself via the ETF means speculative traders must still weigh risks. The dynamics of meme coins remain highly volatile and sentiment-driven.

Global Impact Note

Should the DOGE ETF receive approval and launch as expected, it could open the door to a new class of regulated meme-coin products, potentially reshaping digital asset investing globally. Other speculative tokens like XRP, BONK, and TRUMP may similarly follow.