Dogecoin’s price is poised for a significant surge, fueled by potential approval of an exchange-traded fund (ETF) and increased market sentiment. Experts predict this could lead to a rally of up to 860%, potentially reaching $2.28. Javon Marks, on social media platform X, highlights this possibility based on historical trends where Dogecoin has experienced explosive rallies after consolidation phases. The current price action points towards a major cycle move, with the coin’s price having shown resilience near its past lows. 860% gains would represent a substantial jump from the current levels. Meanwhile, recent developments like Rex Osprey’s potential launch of a DOGE ETF and Nate Geraci’s positive outlook have fueled market optimism. 860% gains are also in line with a logarithmic uptrend on the multi-year chart for Dogecoin. This suggests a strengthening bull run that could accelerate further if Dogecoin breaks above $0.50. Polymarket estimates an 94% chance of DOGE ETF approval by year-end, adding to the bullish outlook.