The potential approval of the Rex-Osprey Dogecoin ETF in the U.S. could significantly impact Dogecoin (DOGE) prices. Currently trading at $0.24, a rise towards $0.50 is anticipated, driven by enthusiasm about the ETF, which is expected to launch soon. This ETF would provide institutional investors with indirect exposure to DOGE, likely boosting demand. With a classic chart pattern suggesting a breakout above $0.27, a weekly close above this level could confirm a rally towards the $0.50 mark, representing a 110% increase. Long-term projections indicate a possible price surge to $1.40-$3.65, especially if resistance levels are broken. Analysts suggest there is optimism among investors, with Polymarket betting odds placing a 91% chance for a spot DOGE ETF in 2025. This could position Dogecoin as a legitimate financial product rather than just a meme, potentially leading to a significant price increase. Investors are cautioned, however, to conduct their research as all investments involve risks.

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