Veteran market strategist Peter Brandt has turned his attention to Dogecoin, pointing to a bullish outlook for the world’s most recognizable memecoin.
Brandt, who has spent more than five decades analyzing financial markets, described the recent price action of DOGE as “tremendous” after the token briefly traded above $0.30 over the weekend.
The move marked one of the strongest performances among the top cryptocurrencies, with Dogecoin climbing more than 21% over the last week. That rally outpaced other major assets, including Solana with 17% gains, Sui with nearly 10%, and Hyperliquid’s HYPE token with around 10%. The surge reinforced Dogecoin’s position as the best-performing asset within the top 15 by market value.
Brandt’s bullish observation came as traders speculated on the upcoming introduction of a Dogecoin ETF in the United States. The fund, managed by REX Shares and Osprey, had initially been expected to launch last week. Instead, the debut was postponed, with Bloomberg analysts Eric Balchunas and James Seyffart now pointing to September 18 as the likely start date.
The timing of Dogecoin’s rally, despite the delay, has drawn attention from both analysts and investors. Some argue that anticipation of the ETF launch is providing momentum, while others suggest that the rally highlights growing demand for memecoins in a broader bullish environment.
With Dogecoin crossing the $0.30 level for the first time in 2025, traders are watching closely to see if momentum can be sustained in the run-up to the ETF’s debut. Should the launch proceed as expected, Dogecoin would join XRP in becoming one of the first altcoins to gain spot ETF access for institutional investors in the U.S.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/dogecoin-rally-is-just-getting-started-according-to-crypto-expert/