Dogecoin ETF Delay Fuels Price Uncertainty, Will it Crash or Pump?

The U.S. Securities and Exchange Commission’s (SEC) delay on approving spot crypto ETFs has sent ripples through the cryptocurrency market, leaving Dogecoin’s future uncertain. While the delay doesn’t mean immediate institutional adoption for DOGE, it does highlight its growing legitimacy as a mainstream investment asset alongside Bitcoin and Ethereum. The daily chart shows a struggle near $0.22, with momentum fading after the hopes of immediate ETF approval. This market uncertainty is creating an environment where traders are exiting positions, leading to price fluctuations.