Dogecoin (DOGE) has slipped to $0.1749, and its market cap stands at $25.95 billion. The meme coin’s price has faced some pressure as traders react to broader market trends and possible shifts in sentiment. However, a major development could shift things in DOGE’s favor.

Dogecoin（Doge）已滑到0.1749美元，其市值為259.5億美元。隨著交易者對更廣泛的市場趨勢和情緒轉變的反應，模因硬幣的價格面臨著一些壓力。但是，一個重大發展可能會改變Doge的利益。

NYSE Arca has begun the process of listing a Dogecoin ETF, applying for approval of its 19b-4 proposal. This move would provide investors with direct exposure to the cryptocurrency in a regulated setting, making it more accessible to traditional markets.

NYSE ARCA已開始列出Dogecoin ETF的過程，併申請其19b-4提案的批准。此舉將使投資者在受管制環境中直接接觸加密貨幣，從而使其更容易被傳統市場訪問。

The ETF, which will be sponsored by Bitwise Asset Management, will be structured as a Delaware statutory trust. Unlike some crypto funds that use derivatives, this ETF will hold Dogecoin directly, ensuring its value is closely tied to the CF Benchmarks pricing index. The structure of the trust will focus on efficiently tracking the price of DOGE while covering operational costs, aiming to boost long-term demand.

ETF將由位資產管理贊助，將作為特拉華州法定信任構建。與一些使用衍生物的加密基金不同，該ETF將直接容納狗狗幣，以確保其價值與CF基准定價指數緊密相關。信託的結構將著重於有效地跟踪門檻的價格，同時涵蓋運營成本，以增加長期需求。

In other news, the majority of traders on Binance Futures are betting on Dogecoin’s price moving higher. According to crypto analyst Ali Martinez, 82.16% of traders on the platform have opened long positions, anticipating an increase in the cryptocurrency’s value.

在其他新聞中，大多數關於二元期貨的交易者都押注Dogecoin的價格上漲。根據加密分析師阿里·馬丁內斯（Ali Martinez）的說法，該平台上有82.16％的交易者已經開設了長位，預計加密貨幣的價值會增加。

However, to avoid further declines, Dogecoin needs to maintain support at $0.17. If it holds at the lower boundary of its trading channel, it could set the stage for a strong rebound, potentially pushing the cryptocurrency toward $2.74, as Martinez points out.

但是，為了避免進一步的下降，Dogecoin需要將支持保持在0.17美元。如馬丁內斯指出的那樣，如果它在其交易渠道的下邊界處於其交易渠道的下邊界，它可能為強勁的反彈奠定了基礎，可能會將加密貨幣推向2.74美元。

As the ETF filing gains attention and technical indicators emerge, investors will be closely following Dogecoin’s price movements in the coming weeks.

隨著ETF申請獲得關注和技術指標的出現，投資者將在未來幾週的Dogecoin的價格變動中緊密關注。

Want to Invest in Other Meme Tokens? Check Out Our Guide to the Best Meme Coins to Buy

想投資其他模因令牌嗎？查看我們的最佳模因硬幣的指南

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Image Credit: Dmitry Demidov via Unsplash

圖片來源：Dmitry DeMidov通過Unsplash