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Reading: Dogecoin Worth Soars 7% On REX Shares Dogecoin ETF Launch
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StockWaves > Blockchain > Dogecoin Worth Soars 7% On REX Shares Dogecoin ETF Launch
Blockchain

Dogecoin Worth Soars 7% On REX Shares Dogecoin ETF Launch

StockWaves By StockWaves Last updated: September 9, 2025 7 Min Read
Dogecoin Worth Soars 7% On REX Shares Dogecoin ETF Launch
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Dogecoin Worth Bulls Break Out As They Eye Increased RangesCan DOGE Bulls Break Via To $0.25?Dogecoin Leads Altcoin Market RallyAssociated Information:

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The Dogecoin worth has surged 7% within the final 24 hours to commerce at $0.2316 as of three:43 a.m. EST amid rising optimism that the Rex-Osprey DOGE ETF (exchange-traded fund) might launch this week.

Rex Shares and Asprey Funds introduced the upcoming launch of DOJE, an ETF that can observe the efficiency of the main meme coin by market capitalization.

“DOJE would be the first ETF to ship traders publicity to the efficiency of the long-lasting memecoin, Dogecoin,” Rex-Osprey posted on X.

DOJE would be the first DOGE ETF, however it’s totally different from those the US Securities and Alternate Fee (SEC) accredited for BTC and ETH final 12 months, which straight maintain the underlying crypto.

This DOGE ETF can be referred to as a 40-Act ETF, and can present oblique publicity to the underlying token by way of futures, swaps, or different index-based devices.

Rex-Osprey stated that the fund will make investments roughly 80% of its property in Dogecoin devices, which can embrace derivatives equivalent to futures or swaps.

“I believe we’re in for a wild subsequent 2 months for crypto ETFs,” stated Nate Geraci, President of NovaDius Wealth Administration, in reference to the attainable launch of the Dogecoin ETF.

First dogecoin ETF seems more likely to launch this week…

Rex-Osprey DOGE ETF (DOJE).

Prepare.

Suppose we’re in for *wild* subsequent 2 months for crypto ETFs.

— Nate Geraci (@NateGeraci) September 7, 2025

Bloomberg ETF analyst Eric Balchunas stated final week that the REX Dogecoin ETF might launch as early as this week below the ’40 Act, much like its not too long ago launched SSK, which is a US-listed ETF that provides traders publicity to Solana (SOL).

Seems to be like Rex goes to launch a Doge ETF by way of the 40 Act a la $SSK subsequent week based mostly on beneath tweet mixed w how they simply filed an efficient prospectus. Doge appears like first one to exit, however the execs additionally consists of on there are Trump, XRP and Bonk so poss these too at some… https://t.co/svyAFLB8Q3

— Eric Balchunas (@EricBalchunas) September 4, 2025

Dogecoin Worth Bulls Break Out As They Eye Increased Ranges

The DOGE worth has not too long ago proven sturdy bullish momentum, breaking out from a consolidation vary that had capped the value motion between $0.21 and $0.24 for a number of weeks.

After a interval of sideways motion inside this vary, the Dogecoin worth has now efficiently pushed above its 50-day Easy Transferring Common (SMA) at $0.2197. 

DOGE is now buying and selling nicely above the 200-day SMA at $0.2171. This implies renewed bullish energy, supported by a breakout from the consolidation part midpoint.

Dogecoin Worth Soars 7% On REX Shares Dogecoin ETF Launch
DOGE/USD Chart Evaluation Supply: GeckoTerminal

Can DOGE Bulls Break Via To $0.25?

The Relative Energy Index (RSI) is at present at 65.20, approaching the overbought degree at 70. This means sturdy momentum and likewise area for the bulls to push the value of DOGE earlier than it turns into overextended.

Furthermore, the Transferring Common Convergence Divergence (MACD) has turned bullish, with the blue MACD line now crossing above the orange sign line, displaying that momentum is popping constructive.

The Chaikin Cash Move (CMF) can be turning constructive, at present at 0.08, an indication of constructive shopping for strain. This reveals that capital inflows are supporting the value of DOGE rally, additional strengthening the bullish case.

The breakout means that the value of Dogecoin may take a look at the $0.24 resistance zone once more. A decisive shut above this degree would open the door towards $0.25.

In the meantime, failure to maintain above $0.23 might result in a pullback towards the $0.22 assist space.

The DOGE ETF information may flip the value of Dogecoin in the direction of the $0.25 degree, as knowledge from Polymarket reveals that the chances of a Dogecoin ETF approval have surged to 92%.

The Dogecoin dominance is at present consolidating round 0.92% after recovering from its 0.72% low, displaying a sideways-to-slightly bullish construction however nonetheless capped beneath the 1.0% resistance zone.

DOGED Chart Analysis Source: TradingViewDOGED Chart Analysis Source: TradingView
DOGED Chart Evaluation Supply: TradingView

Dogecoin Leads Altcoin Market Rally

DOGE has now soared 10% within the final week, because the Altcoin market beneficial properties momentum. Based on the weekly altcoin chart, its complete market capitalization has been surging in the day prior to this, with XRP, Solana (SOL), and Hyperliquid (HYPE) main the surge and displaying energy not too long ago.

Altcoin Market Cap ChartAltcoin Market Cap Chart

In the meantime, the CMC Crypto Altcoin Season Index reveals that altcoin season is underway, because it strikes in the direction of the 80 degree, at present at 56/100.

CMC Crypto Altcoin Season IndexCMC Crypto Altcoin Season Index

The surge in altcoin exercise comes amid rising expectations of a Fed fee reduce on the September 17 FOMC, one thing that was bolstered additional by a weak jobs report on Friday. 

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