Dogecoin Price Prediction: DOGE’s Passage To $2 In Doubt As SEC Delays Dogecoin ETF
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Meme coins are taking a significant hit due to market volatility and uncertainty fueled by fears of trade wars and macroeconomic shifts. Dogecoin (DOGE) has been experiencing selling pressure, plummeting 35% in the past month. Can DOGE reverse this downtrend to surge to $2?
Given this scenario, the young crypto JetBolt (JBOLT) is turning the tides with its spiking presale that has sold nearly 345 million tokens. The meme coin community finds JetBolt’s futuristic lightning-cat mascot an apt representation of its forward-thinking approach—one that focuses on reshaping the blockchain with zero-gas technology and other Web3 utilities,
Is Dogecoin’s passage to $2 feasible despite growing doubts from traders? Could JetBolt be the next big crypto wave as its presale turns up the heat? Read on to discover more.
Dogecoin: Could DOGE Rise to $2 Amid Market Sell-Off?
The cryptocurrency market continues to bleed as macroeconomic policy shifts and trade war uncertainty loom ahead. As more investors veer away from speculative and high-risk assets, meme coins fall from their heights, including the meme coin king Dogecoin (DOGE).
Dogecoin has been charting red over the past weeks, declining by 35% in the past month. Trading at $0.1680 as of writing, DOGE hit an intraday $0.1477 low on March 11th. Amid relentless market sell-off, Dogecoin experienced selling pressure, trading 65% below its December 2024 high of $0.4665.
Market optimism briefly surged for Dogecoin with the string of ETF filings. However, the SEC has delayed issuing a decision over several proposals, including DOGE ETFs.
ETF Store President Nate Geraci said in an X post not to worry about the process, that it will take time. Bloomberg ETF analyst James Seyffart also shared that the SEC’s delay is part of the procedure and won’t influence chances of approval.
ETF Store President Nate Geraci’s post via X about SEC’s delay of decision, saying it will take time
Last month, Bloomberg analysts gave a 75% chance of approval for the spot DOGE ETFs. While the odds are high, traders remain cautious, given DOGE’s recent volatility.
DOGE fans remain hopeful for an ETF approval, but others doubt a price reversal. Data from Trading View reveals Dogecoin failed to hold support at the $0.20 level and has formed a death cross. This signal makes the $2 goal unlikely, as Dogecoin will need more time to recover first.
JetBolt: Turning Up the Heat with a Soaring Presale Momentum
While DOGE attempts to hit the $2 milestone, the exciting newcomer JetBolt (JBOLT) is sparking wide interest in the crypto community, soaring with a presale that has impressively sold nearly 345 million tokens since its debut. What’s grabbing everyone’s attention?
First off, JetBolt is breaking the norm with its revolutionary zero-gas technology powered by the Skale blockchain. This cutting-edge feature eliminates gas fees, allowing users to enjoy smooth, cost-effective transactions on-chain. In parallel, developers can create a wide range of dApps and Web3 projects, without the stress of paying costly gas charges.
JetBolt also boasts a modern insights tool that displays AI-aggregated trending blockchain news and crypto data, neatly organized by market sentiment
Navigating the crypto space is simpler than ever with JetBolt’s user-friendly self-custodial Web3 wallet. Designed to provide easy entry and token management, it comes with WebAuthN and facial recognition protocols for a seamless experience.
Moreover, staking with JetBolt takes a fresh social dimension. With its interactive model, JetBolt enables users to earn bonus coins every time they connect with others on the platform while simultaneously staking their JBOLT tokens.
For those eager to dive into JetBolt’s presale action, early buyers can snatch enticing perks, including up to 25% extra tokens when availing of special Alpha Boxes or buying tokens in batches.
With its practical utilities and groundbreaking features, alongside attractive presale perks and a striking yellow cat mascot, JetBolt’s presale is shaping up to be one hot party—hooking crypto whales and meme coin buyers to its groundbreaking journey.
Summary: DOGE’s Passage to $2 In Doubt as SEC Delays Dogecoin ETF
Dogecoin’s comeback hinges on a mix of factors, including on-chain strength and regaining bullish momentum amid market challenges. With macroeconomic policy shifts at play, DOGE’s bold target of climbing to $2 remains challenging to achieve in the near-term. The SEC’s approval of spot DOGE ETFs could play a pivotal role, but until then, DOGE’s trajectory seems doubtful.
Meanwhile, JetBolt is rapidly establishing itself as a game-changer in the crypto landscape, fueled by its trailblazing zero-gas technology and impressive presale momentum. With its forward-thinking approach and practical utilities, JetBolt breaks out of the meme coin mold, rising in the forefront of blockchain innovation for the next-generation.
Get the latest updates on JetBolt’s exciting presale by visiting these links:
JetBolt Website: https://jetbolt.io/
JetBolt X Page: https://x.com/jetboltofficial
The cryptocurrency space is full of uncertainties, and all crypto assets carry considerable risks. This piece is not meant to offer any financial or trading advice. Prior to engaging with any cryptocurrency, it’s essential to do your own research and thoroughly assess market conditions.
