Will Dogecoin Pump 900%, as Bitwise Files for Dogecoin ETF?

DOGE Price: Will a Dogecoin ETF Spark the Next 900% Bull Run

Bitwise Pushes for Dogecoin ETF Amid Growing Market Interest

Bitwise, a major asset management firm, is doubling down on its crypto ETF ambitions with a fresh move—this time, targeting Dogecoin (DOGE). The company has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the highly anticipated Bitwise Dogecoin ETF. Meanwhile, whales have been making big moves, scooping up 460 million DOGE. Could this be the start of a massive 900% surge?

Is Dogecoin Ready for a 900% Surge?

Analyst Ali Martinez has drawn parallels between Dogecoin’s historic 900% surge in 2021 and its current market conditions. With whale accumulation, ETF developments, and bullish historical patterns, the meme coin could be gearing up for another explosive breakout.

Whales Accumulate 460 Million DOGE—A Bullish Signal?

Amid Bitwise’s ETF filing, crypto whales have been making major moves, acquiring 460 million DOGE during the recent market dip. This significant accumulation suggests growing confidence among large investors, potentially setting the stage for a massive price rally.

FOMC’s Influence on Dogecoin’s Price Action

In January 2021, the FOMC kept interest rates unchanged, fueling a massive Dogecoin rally the following day. Analyst ChandlerCharts sees a similar pattern emerging for January 2025, coinciding with the upcoming FOMC meeting (Jan 28-29).

Comparing 2021 vs. 2025 charts, Dogecoin’s price action mirrors its past trajectory, currently testing the $0.33 key support level—a previous launchpad for explosive growth. If history repeats, DOGE could hit $0.50 (0.618 Fib level) and potentially $0.70 (1.0 Fib level) if liquidity remains strong.

Chandler warns traders to brace for high volatility ahead of the announcement, as market sentiment and liquidity conditions could drive another significant price surge.

What’s Next For DOGE?

With the FOMC meeting, whale activity, and ETF developments aligning, analysts warn of increased volatility in the coming days. Analysts advise traders to brace for potential Dogecoin price swings as market sentiment builds momentum.