Dogecoin rallies as investors hope for ETF launch, but will it happen?
Last Updated on 14 September 2025 by CryptoTips.eu
Dogecoin, the ultimate memecoin, rose some 30% this week hoping that a Dogecoin ETF, which would trade under the ticker DOJE, would be allowed to get listed. The problem is that the launch has already been postponed a few times. Is it too late to get in?
Saturday Night Live
The world’s most famous cryptocurrencies are Bitcoin (naturally), Ethereum (also logical), and… Dogecoin. The latter’s fame stems primarily from the stimulus provided by Elon Musk and its massive bull run of 2020-2021. When Musk announced in February 2021 that he would host Saturday Night Live in the spring of that year, an incredible bull run for the memecoin began, culminating in a price of around 70 cents in May of that year. After Musk repeatedly mentioned the memecoin on the well-known television program, the price dropped again, and in 2022, Dogecoin dropped to as low as 10 cents.
UPDATE: we got a little rain delay, $DOJE is now scheduled to begin trading Friday 9/12, not today. https://t.co/admrTc7UGo
— Eric Balchunas (@EricBalchunas) September 11, 2025
The turning point came in 2023, and Dogecoin has generally traded between 20 and 40 dollar cents since then, but we haven’t yet seen a repeat of 2021. That seemed to change last week, as rumors circulated that a Dogecoin ETF would be launched soon. Eric Balchunas, the well-known Bloomberg analyst, announced the news.
However, since then, the start of that ETF has already been delayed twice. DOJE would normally become available for trading on the US stock exchange starting Thursday. I’m curious to see if Dogecoin can repeat its 2021 performance in that case.