Today’s Dogecoin price prediction suggests the popular memecoin is primed for a year-end rally after leading U.S. digital asset manager Bitwise filed an 8(a) form to launch the first spot Dogecoin ETF.
If the ETF approval comes as early as November, as proposed, crypto traders could experience an explosive DOGE rally that could take it 8X from the current price level to reach $1.2 going into 2026.
Just like during the 2021 bull run, when Dogecoin rose over 350X, pumping from $0.05 in February 2021 to reach a high of $0.73 three months later.
Bitwise ETF Approval Could See DOGE Rally to $1.20
The setup mirrors the 2021 bull run when Dogecoin climbed over 350X, jumping from $0.05 in February to $0.73 just three months later.
Bloomberg ETF analyst Eric Balchunas reports that Bitwise recently updated its S-1 registration, removing the “delaying amendment.”
This triggers the Section 8(a) process under U.S. Securities Act rules, allowing the ETF to become effective automatically 20 days after filing if the SEC takes no action.
Should the SEC remain silent, the spot Dogecoin ETF could go live by November 26, 2025.
Grayscale has also submitted a similar application to launch its own approval countdown.
If approved, Dogecoin will be one of the first altcoins with a U.S.-listed spot ETF, offering both retail and institutional investors regulated access to DOGE.
Market analyst BitGuru revealed that following the ETF announcement, $DOGE broke out of extended consolidation and shattered its downtrend with a sharp bullish rebound.
The coin now sits just below the critical $0.186 resistance zone. Flipping this resistance would shift the market structure back to bullish.
Whales are accumulating aggressively. Glassnode data shows 11.12 billion Dogecoin tokens were accumulated near the $0.20 level, establishing this as a major resistance zone.
Dogecoin Price Prediction: Elliott Wave Projects $1.20 Target
On the technical side, the Dogecoin (DOGE/USD) weekly chart applies Elliott Wave Theory to map a long-term bullish path.
The current structure indicates DOGE has completed major impulse waves I through IV, with the market now positioned for wave V, a potential final bullish leg.
The “protected wave 4 low” around $0.18 represents crucial support; holding above this level confirms the bullish count’s validity.
The chart projects that after a brief consolidation or minor correction, DOGE could resume its climb toward the next impulse target near $1.20.
As long as price stays above $0.18, the path of least resistance points upward, indicating the next major rally could materialize as the year closes.
New Mine-to-Earn Token Hits $2M Presale
A Dogecoin god-candle erasing months of downtrend would signal a heating memecoin rally.
During such periods, memecoins still in presale typically attract considerable investor interest from those seeking quick 10-100X returns on emerging projects.
Investors are now getting in early on a new memecoin called Pepenode (PEPENODE), which is currently in presale.
PEPENODE is a Mine-to-Earn game designed to be easy to use with a classic Web3 feel.
The presale has already raised over $2 million, showing quick uptake as memecoin investors watch for positive market movements.
Through fun gameplay, PEPENODE holders can create virtual crypto mining facilities, buy “Miner Nodes” and set up web-based mining rigs that earn passive crypto rewards without needing any physical equipment.
You can visit the Pepenode presale website to buy tokens at the current price of $0.0011363.
The platform accepts multiple payment options, including USDT, BNB, ETH, and SOL, plus you can even purchase using your bank card for added convenience.
Early buyers can stake their tokens immediately to earn a 619% annual return while the presale is still active.
Buy $PEPENODE Here.
The post Dogecoin Price Prediction: Bitwise ETF Filing Hints at November Launch – Could DOGE Price See a $1.2 Breakout? appeared first on Cryptonews.
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