REX-Osprey Launch Dogecoin ETF Next Week: Impact on $DOGE Price?

REX-Osprey Dogecoin ETF Launch: Sell-Offs and $DOGE Price Prediction

Excitement is mounting in the crypto market as fresh Dogecoin ETF news suggests that the U.S. may see its first DOGE-based exchange-traded fund next week. Bloomberg’s Eric Balchunas confirmed that REX Shares has filed a 40 Act prospectus with the SEC—mirroring its approach for the Solana exchange-traded fund. This route bypasses traditional filings, giving the Rex Dogecoin ETF a unique edge. Rex-Osprey also shared the news over X (formerly Twitter). 

Source: X

Dogecoin’s fame has long been tied to Elon Musk, whose lawyer Alex Spiro is also involved in a $200 million fundraising effort connected to DOGE. Despite being one of the most recognizable cryptos, DOGE trades far below its December 2024 high of $0.4672, currently sitting at $0.2141—though it remains up 120% year-over-year. There remain outstanding rival applications from 21Shares, Grayscale, and Bitwise in abeyance, and REX has also filed a TRUMP token application.

Why Crypto Whales Are Selling DOGE Amid ETF Approval Frenzy

One of the surprising plot turns is whales are dumping in hopes about the DOGE exchange-traded fund. Analyst Ali Martinez reported that over 200 million DOGE was dumped over a period of 48 hours, something which calls their confidence into question. 

Are whales placing bets on another SEC delay, much like delays in XRP, Solana, and Cardano ETFs?

This ambiguity on Rex-Osprey DOGE has investors concerned. In the lack of a definitive SEC ruling, fear and doubt are what control the trading trends, with whales opting to take profits on board instead of risking further volatility.

Dogecoin Price Slips Again: Is ETF Hype Failing to Lift the Market?

At press time, the meme coin is trading at $0.2141, a drop of 0.8% intraday. The market cap holds at $32.29 billion, with $1.46 billion in daily volume. In just a week, the token has slipped 3%, hovering in the $0.22–$0.20 range.

However, the monthly picture is brighter: the memecoin has gained 8.30% overall. This means that while hype creates momentum, short-term volatility especially from whale moves still weighs heavily on the price.

Dogecoin: What's Next After Launch and Whale Sell-Off Pressure?

The latest Dogecoin price prediction is divided. Technically, it is trading near about $0.214.

Source: TradingView

Bullish Scenario: A breakout above $0.25 can drive prices up to $0.28 and $0.30. The 50-day moving average increases, and the RSI is neutral at around 50. A MACD crossover can act as a cushion.

Bearish Scenario: If support at $0.20 breaks, prices fall back to $0.18 or even $0.16, where previous buyers acquired. A bearish MACD divergence may reinforce this move.

So, will Dogecoin reach $1? If the exchange-traded fund wins approval and institutional inflows grow, analysts believe $1 is possible within 4-5 months. Will Dogecoin reach $10? That would probably take 1 year of adoption, a couple of bull cycles, and consistent ETF demand.

Conclusion

In between whale dumps, ETF filing scandals, and volatility whiplashes, it is at a juncture. The Rex-Osprey can introduce legitimacy and flows, but only time will tell if hype translates into ongoing expansion—or if volatility is the king.

Disclaimer: This article is for informational purposes only. Do Your Own Research before investing.