Dogecoin Soars as Grayscale ETF Spurs Market Hope

After an impressive surge, Dogecoin (DOGE) is now trading above $0.145, climbing over 3% due to the anticipated launch of Grayscale’s new DOGE exchange-traded fund (ETF). This momentum comes amid a broader market correction with Bitcoin and Ethereum experiencing significant drops around 9-10%. Analysts believe this ETF launch could provide much-needed legitimacy for Dogecoin in the long run, potentially leading to sustained price growth.