Dogecoin (DOGE) Soars as ETF Anticipation Grows

随着 ETF 预期的增长，狗狗币 (DOGE) 飙升

Dogecoin (DOGE) has surpassed the $0.41 mark amidst renewed speculation of an exchange-traded fund (ETF) launch later this year. Leading market maker Wintermute has called for an ETF based on the meme token and has placed a bet on DOGE.

在今年晚些时候推出交易所交易基金 (ETF) 的新猜测中，狗狗币 (DOGE) 已突破 0.41 美元大关。领先的做市商 Wintermute 呼吁推出基于 Meme 代币的 ETF，并押注 DOGE。

Wintermute's 2025 outlook report suggests that the rise of meme tokens has eclipsted established altcoins. With institutional involvement, Wintermute anticipates that memes will gain sufficient recognition to warrant an ETF featuring one of their top assets.

Wintermute 的 2025 年展望报告表明，meme 代币的崛起已经超越了现有的山寨币。 Wintermute 预计，随着机构的参与，迷因将获得足够的认可，以保证其顶级资产之一的 ETF 成为可能。

Wintermute Predicts a DOGE ETF for 2025. | Source: Wintermute 2025 Outlook

Wintermute 预测 2025 年将推出 DOGE ETF。资料来源： Wintermute 2025 年展望

The anticipation of increased DOGE exposure and mainstream investment has fueled the recent rally. DOGE has broken out above $0.41, reaching its highest range in a month. Expectations for a $1 rally have been rekindled as crypto adoption expands in 2025.

对 DOGE 敞口和主流投资增加的预期推动了近期的上涨。 DOGE已突破0.41美元，达到一个月来的最高区间。随着 2025 年加密货币采用范围的扩大，人们对 1 美元上涨的预期重新燃起。

According to Wintermute, DOGE is the most likely candidate for an ETF due to its legacy and liquidity. DOGE remains a significant contributor to the meme ecosystem, accounting for 53% of its value.

根据 Wintermute 的说法，由于 DOGE 的传统和流动性，它是最有可能的 ETF 候选者。 DOGE 仍然是 meme 生态系统的重要贡献者，占其价值的 53%。

While ShibaInu (SHIB) holds influence, Wintermute believes DOGE would be selected for a new fund. Wintermute has consistently emphasized the bullish potential of memes, facilitating trades for both established and emerging tokens. Notably, Wintermute's known wallet does not hold any DOGE.

虽然 ShibaInu (SHIB) 具有影响力，但 Wintermute 相信 DOGE 将被选为新基金。 Wintermute 一直强调模因的看涨潜力，促进成熟代币和新兴代币的交易。值得注意的是，Wintermute 已知的钱包中没有任何 DOGE。

Wintermute predicts that mainstream finance will embrace more tools for harnessing crypto earnings while mitigating volatility. The market maker expects 2025 to witness an expansion of ETF products, providing greater accessibility for mainstream investors.

Wintermute 预测主流金融将采用更多工具来利用加密货币收益，同时减轻波动性。该做市商预计 2025 年 ETF 产品将扩大，为主流投资者提供更多机会。

Following the success of single-coin ETFs focused on BTC and ETH, Wintermute anticipates multi-asset products that track broader crypto markets. Some ETF products may even capture market trends, including memes.

继专注于 BTC 和 ETH 的单币 ETF 取得成功后，Wintermute 预计将推出追踪更广泛加密货币市场的多资产产品。一些 ETF 产品甚至可能捕捉市场趋势，包括表情包。

Grayscale has indicated its consideration of DOGE as an asset under evaluation, without imposing a specific deadline for product development. While DOGE is readily accessible for mainstream buyers, an ETF could significantly increase new investments. Grayscale also highlighted DOGE in its recent report on the top 10 appreciating assets for the previous week. DOGE ranked closely behind XRP and Cardano (ADA), indicating buyer confidence in tokens poised for potential breakouts.

Grayscale 已表示考虑将 DOGE 作为一项正在评估的资产，但没有规定产品开发的具体期限。虽然主流买家很容易获得 DOGE，但 ETF 可以显着增加新投资。 Grayscale还在其最近的上周十大升值资产报告中重点介绍了DOGE。 DOGE 的排名紧随 XRP 和 Cardano (ADA) 之后，表明买家对潜在突破的代币充满信心。

The likelihood of a DOGE ETF may be further enhanced if Litecoin (LTC) is also included in a mainstream fund. DOGE's mining mechanism linked to Litecoin blocks provides it with additional security.

如果莱特币（LTC）也被纳入主流基金，那么 DOGE ETF 的可能性可能会进一步增加。 DOGE 与莱特币区块相关的挖矿机制为其提供了额外的安全性。

Whales Fuel DOGE Rally

鲸鱼为 DOGE 集会提供燃料

Recent gains in DOGE are attributed to renewed whale interest. Historically, large-scale investors have acquired DOGE due to its potential for appreciation.

最近 DOGE 的上涨归因于鲸鱼兴趣的重新燃起。从历史上看，大型投资者因其升值潜力而收购了DOGE。

Whales have injected $200M into the market during the DOGE rally, while exchange wallets have also increased their holdings. Significant whale transactions have shifted over 600M DOGE in a short time, extending the accumulation period.

在 DOGE 上涨期间，鲸鱼向市场注入了 2 亿美元，而交易所钱包也增加了持仓。大额鲸鱼交易短时间内转移超过6亿DOGE，延长了积累周期。

The buying surge aligns with technical forecasts of a substantial price breakout as DOGE approaches $0.40. The XRP rally has also contributed to DOGE's momentum, with price predictions reaching $1.

随着 DOGE 接近 0.40 美元，购买激增与价格大幅突破的技术预测一致。 XRP 的上涨也推动了 DOGE 的发展势头，价格预测达到 1 美元。

Despite its ongoing daily supply growth, with 10,000 new coins minted every two minutes, DOGE remains a liquid asset with widespread listing and usage. Over 30% of the circulating supply is held by whales, while 143,872 wallets currently hold DOGE.

尽管每日供应量持续增长，每两分钟铸造 10,000 枚新币，但 DOGE 仍然是一种流动资产，具有广泛的上市和使用。超过 30% 的流通供应量由鲸鱼持有，而目前有 143,872 个钱包持有 DOGE。