The crypto market sentiment is currently favoring a Dogecoin price surge as the latest news reports the first DOGE ETF approval.
This latest development is shifting the Dogecoin sentiment from the previous bear cloud to a new bull projection.
Furthermore, this has returned Dogecoin as one of the top crypto assets to buy now. However, even with this positive news, another coin is showing potential to rally even higher.
Let’s get into the Dogecoin price projection and the high to look out for this year. While also touching on another top option for high profit return this year.
What To Look Out For In The Post-Dogecoin ETF Approval
The DOGE ETF approval is by far one of the best news in the crypto world this season, as it marks a turning point for meme dip. This update is projected to help the meme coin market wear a new face as investors find a new approach to investing in the meme coin giant.
However, the approval has more to offer the Dogecoin price than the overall meme coin market. One factor that makes this more pronounced is how the Dogecoin price has taken a quick reversal from the months-long dip.
According to top players, the September 9 approval for the Dogecoin ETF is a critical catalyst that could see DOGE hitting $1 soon. After about 6 months trading below $0.28, experts now believe the Dogecoin price is heading for a significant recovery.
Also, the technical analysis of the Dogecoin price suggests it could reach about $0.5 to $0.7 this year and up to $1 by 2026. However, the analysis is based on the hope that the ETF approval will spark Dogecoin accumulation, fueling a large inflow that drives price growth.
Why Experts Still Maintain a Stronger Stance On Remittix Outperforming
While the Dogecoin ETF approval is a big deal for its price growth, the Remittix exchange listing is teasing a bigger price rally. Following price setup and positioning, experts say the Remittix listing could take it on a 40x rally this year. This is because of the rising accumulation that has followed the Remittix token this last week, seeing the price grow to $0.1 already.
Experts’ opinion suggests the Remittix price surge this year could be in a matter of days for these reasons:
- The project wallet will be launching next week
- Accumulation is spiking already in pre-launch, setting a $25 million cap to back the token
- An official entry into the market with BitMart and Lbank ready to list the token soon
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Website: https://remittix.io/
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.