Dogecoin ($DOGE) is having a rollicking September. The biggest meme coin in the world is up a whopping 32% this month so far.

Many believe this is just the trailer, as DOGE is simply showing what’s to come ahead of a potential full-blown altcoin season.

Dogecoin’s current rally is coming from a major technical breakout. The token crept up above a descending triangle pattern on September 7, and has since then coughed up a one-sided move.

Interestingly, $DOGE is rallying despite a delay in the launch of a DOGE ETF.

According to a September 8 US Securities and Exchange Commission (SEC) filing, the Rex-Osprey DOGE ETF (DOJE) was expected to list on Friday.

However, it has now been pushed to next week, according to Bloomberg’s senior ETF analyst Eric Balchunas.

Read on as we unpack Dogecoin’s potential, the factors pushing it, and how you can make the most of this upcoming rally by buying Maxi Doge ($MAXI) – a Dogecoin-inspired meme coin currently in presale.

ETF Expectations & Institutional Purchases Pushing DOGE

The launch of the Rex-Osprey DOGE ETF might have been postponed, but it’s still approved and will hit the markets in a few days’ time.

To the uninitiated, a DOGE ETF would essentially increase the token’s demand – because it would boost retail participation by offering seamless exposure through traditional brokerage accounts.

That said, Balchunas noted that the effect of DOGE ETFs (he expects 4-5 of them to launch in October or November) wouldn’t be as significant as, say, Bitcoin ETFs.

That’s because in the case of Bitcoin, there were a lot of retail investors who couldn’t interact with c

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Author: Krishi Chowdhary