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As crypto analyst Ali forecasts DOGE at $15, Elluminex emerges as a potential catalyst for the Toncoin blockchain.
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Dogecoin (DOGE) is in the spotlight again as renewed whale activity sparks speculation of a significant surge. The leading meme coin touched $0.373 before settling below the $0.36 level.
This recent bullish momentum can be attributed to discussions about the likelihood of Dogecoin joining other digital assets proposed for ETFs. Per popular crypto analyst Ali Charts, Dogecoin’s price could rise to $15 if the DOGE ETF is approved.
Meanwhile, Elluminex (ELX) is poised to transform the untapped Toncoin (TON) network, much like Uniswap revolutionized Ethereum by making DeFi trading accessible, seamless, and widely adopted. Elluminex is ready to solve critical challenges, drive adoption, and elevate the TON blockchain to new heights.
DOGE’s price potential to reach $15 this cycle
Discussions are emerging that Bitwise has reportedly registered a legal entity for a Dogecoin ETF, which has created speculations of an imminent filing with the U.S. SEC. This bullish DOGE news has boosted the value of the leading meme coin, which briefly touched $0.373 before reverting below the $0.36 level. It has also led to a slight increase in Dogecoin whale accumulation, improving sentiment.
To add to the excitement, the Dogecoin icon has been displayed on the newly formed U.S. Department of Government Efficiency website. As such, technical analysts came up with possible price forecasts for Dogecoin.
Popular crypto analyst Ali Charts made an ambitious forecast, indicating that the DOGE price could go parabolic towards $15 if a Dogecoin ETF is approved. Market participants believe a Dogecoin ETF would increase institutional adoption and offer retail investors more straightforward access to the meme token.
