The Push for Memecoins in the Mainstream

The push to bring memecoins into the mainstream has gained significant momentum, with REX Shares preparing to launch the first U.S.-listed Dogecoin (DOGE) exchange-traded fund (ETF).

If approved, this Dogecoin ETF would mark the first time the meme-inspired token receives formal recognition in the American market.

Despite its extreme volatility, Dogecoin continues to capture investor attention, aided by its association with Elon Musk, who has significantly amplified the token’s profile over the years.

Should a Dogecoin ETF launch—Bloomberg’s Eric Balchunas believes it could happen as early as next week—it would not only cement the token’s cultural relevance further but also highlight the growing institutional appetite for digital assets beyond Bitcoin (BTC) and Ethereum (ETH).

Dogecoin Price Prediction

Finbold’s AI prediction agent has forecasted a DOGE price target for September 30, 2025. The agent utilized multiple LLMs to generate an average forecast for increased accuracy, while also considering momentum-based indicators.

The average DOGE price is projected to be $0.202, up 572.53% from the September 5 price of $0.03.

Predictions from Language Learning Models

• OpenAI’s GPT: Projected price of $0.210 (+600.32%)
• Grok 3: Predicted DOGE to hit $0.205 (+583.65%) by month-end
• Anthropic’s Claude 4 Sonnet: Target price of $0.190 (+533.63%)

DOGE Technical Analysis

Looking at Dogecoin’s technicals, however, many indicators suggest heavy bearish pressure despite a possible short-term boost. The moving average/convergence divergence (MACD) is in negative territory, with the line below the signal line and the histogram slightly red, confirming lingering bearish momentum, although selling pressure isn’t accelerating.

The relative strength index (RSI) at 49 is near the neutral zone, indicating an indecisive market leaning slightly to the downside. Meanwhile, the stochastic oscillator is just above oversold levels, with %K crossing above %D, hinting at a potential short-term rebound, but the signal remains weak.

The most concerning indicator is the 50-day moving average (MA), which sits at $0.23, well above the current price. This gap implies a prevailing downtrend as Dogecoin trades significantly below its long-term trend.

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