Dogecoin Price Approaches Potential Breakout, Grayscale Files For New ETF

Cryptocurrency analysts are predicting a possible 30% price increase for Dogecoin as the token consolidates within a symmetrical triangle pattern. This bullish signal comes amidst increased speculation and potential regulatory approval for an exchange-traded fund (ETF). Grayscale Investments has submitted a new Dogecoin ETF filing, joining a growing list of companies seeking to offer direct exposure to the cryptocurrency. The SEC is expected to review the proposal with caution, given its past stance on altcoin ETFs. 30% surge in price action could follow.