DOGE is undergoing a remarkable transformation, transitioning from a meme coin once regarded as a "joke" to a position among mainstream encryption currencies. The key catalyst for this transformation is the recently launched DOGE ETF.

The first DOGE ETF (DOJE) in the United States was launched by REX-Osprey, cleverly circumventing the complex approval process with the "40 Act". The ETF plans to invest 80% of its assets in DOGE spot or related derivatives, while holding positions through a Cayman Islands subsidiary to obtain tax advantages. Based on the performance of the company's previously launched Solana ETF, the DOGE ETF is expected to bring significant liquidity growth and institutional capital injection.

At the same time, there has been a large-scale institutional accumulation in the market. CleanCore Solutions invested $68 million to purchase 285 million DOGE and plans to increase its holdings to 1 billion within 30 days, accounting for about 5% of the total DOGE supply. This move not only reflects institutional investors' confidence in DOGE but may also support the coin's price by reducing the circulating supply.

From a technical analysis perspective, DOGE is currently holding steady at the 0.23 USD level, with the MACD indicator showing strong bullish momentum. Although the KDJ indicator indicates overbought conditions (value 82), the trading volume is rising in sync with the price, suggesting that buying pressure remains strong. Analysts have even suggested a long-term prediction that DOGE could reach 10 USD, which would be 40 times the current price.

However, investors still need to be aware of the inherent high volatility risks of meme coins. The price of DOGE is easily influenced by social media and celebrity statements, and changes in regulatory policies may also trigger market fluctuations. Nevertheless, the launch of the ETF is undoubtedly an important milestone for DOGE's path toward compliance, and with positive signals from institutional accumulation, there is still room for DOGE to rise in the short term.

Besides DOGE, the cryptocurrency market has also shown other interesting trends. AI-related tokens such as WLD, KAITO, AI, and IO have also experienced a significant upward trend, indicating that the AI sector may become the next hotspot.

For investors who intend to participate in this wave of market trends, it is important to remain rational, set reasonable stop-loss levels, and adopt a diversified investment strategy to cope with the high-risk characteristics of the encryption currency market. Although DOGE may continue to rise in the short term, investors should not be swept away by the surge and should operate cautiously to avoid becoming the last "holder".