Dogecoin (DOGE) Price Prediction: Double Bottom Appears, Could Powell's Speech Be the Savior?

Grayscale has officially submitted its application for a Dogecoin ETF, the first-ever ETF targeting the meme coin. As one of the earliest cryptocurrencies, it's no surprise that Dogecoin (DOGE) is the star of this groundbreaking initiative.

The U.S. Securities and Exchange Commission (SEC) recently set an October deadline to review various cryptocurrency ETF applications, including Dogecoin. Market expectations for approval are high, especially with Bloomberg analysts estimating a 90% probability of approval, further fueling market excitement.