Dogecoin price dropped to its lowest level since October 2024 on Saturday, reaching $0.13 amid a broader cryptocurrency market downturn.

Dogecoin的价格下跌至2024年10月周六以来的最低水平，在更广泛的加密货币市场下滑中达到0.13美元。

Dogecoin has fallen back to November price levels of around $0.15 as it erases gains made during the U.S. election period.

Dogecoin降至11月的价格水平约为0.15美元，因为它消除了美国大选期间的收益。

The potential approval of a spot Dogecoin ETF could be a market catalyst.

斑点Dogecoin ETF的潜在认可可能是市场催化剂。

Dogecoin price dropped to its lowest level since October 2024 on Saturday as the popular memecoin faces significant selling pressure.

Dogecoin的价格下跌至2024年10月周六以来的最低水平，因为受欢迎的Memecoin面临着巨大的销售压力。

This comes as 21Shares filed for an exchange-traded fund (ETF) to trade Dogecoin in the U.S.

这是21shares申请了一个交易所交易基金（ETF）在美国交易狗狗币

Dogecoin Price Drops to November Levels

Dogecoin价格降至11月的水平

Dogecoin price has slid further as several large wallets continue to offload their tokens. Analyst Ali Martinez noted that one billion or more DOGE are held by about 31 wallets, adding that 70.5 billion memecoins are in the hands of Dogecoin whales—those holding one million or more DOGE.

随着几个大钱包继续卸载其令牌，Dogecoin的价格进一步下跌。分析师阿里·马丁内斯（Ali Martinez）指出，大约31个钱包持有10亿或更多的门槛，并补充说，有705亿个成年人掌握在Dogecoin鲸鱼手中 - 那些拿着一百万或更多的大门的人。

This amounts to about 47% of the entire circulating supply of the memecoin.

这相当于Memecoin的整个循环供应中约有47％。

"Dogecoin price has dropped to November price levels of around $0.15. This price level previously acted as support in March, but it remains to be seen if it will continue to hold throughout Q2."

“ Dogecoin的价格已降至11月的价格水平约为0.15美元。此价格水平先前在3月份充当支持，但是否会在整个第二季度继续保持下去。”

Recently, there has been speculation about the possibility of the U.S. Securities and Exchange Commission (SEC) approving an ETF to trade Dogecoin in the U.S.

最近，人们猜测了美国证券交易委员会（SEC）批准ETF在美国交易Dogecoin的可能性

21Shares applied for approval to launch a Bitcoin ETF in 2023, but its application was rejected by the SEC in March 2024.

21shares申请批准在2023年推出比特币ETF，但其申请在2024年3月被SEC拒绝。

Now, 21Shares is seeking approval to launch a Dogecoin ETF.

现在，21shares正在寻求批准来推出Dogecoin ETF。

This move positions 21Shares alongside Grayscale and Bitwise, both of whom filed applications for a U.S. spot Bitcoin ETF in Q1 2025, kicking off the race for the first U.S. spot memecoin ETF.

此举将21shares与灰度和位置一起定位，他们俩在Q1 2025年向美国现场比特币ETF提出了申请，从而为美国第一个现场Memecoin ETF启动了比赛。

The news comes as crypto derivatives exchange FTX Japan announced on April 5 that it will delist all Dogecoin pairs on April 9.

该消息传来，加密衍生品交易所FTX日本在4月5日宣布将于4月9日将所有Dogecoin对。

The move positions 21Shares alongside Grayscale and Bitwise, both of whom filed applications for a U.S. spot Bitcoin ETF in Q1 2025, kicking off the race for the first U.S. spot memecoin ETF.

这一举动位置为21shares与灰度和位置，他们俩在2025年第1季度向美国现场比特币ETF提交了申请，从而为美国第一个现场Memecoin ETF启动了比赛。

Dogecoin ETF Approval Odds

Dogecoin ETF批准赔率

Current market sentiment suggests moderately positive odds for a DOGE ETF approval.

当前的市场情绪表明，Doge ETF批准中等积极的几率。

Bloomberg ETF analysts James Seyffart and Eric Balchunas estimated a 75% chance of approval back in February.

彭博ETF分析师詹姆斯·塞夫特（James Seyffart）和埃里克·巴尔库纳斯（Eric Balchunas）估计在2月份获得了75％的批准机会。

Prediction platform Polymarket currently shows bettors pricing a 64% approval chance for a DOGE ETF in 2025.

预测平台多头市场目前显示，赌注在2025年为Doge ETF定价64％的批准机会。

This relatively high probability reflects growing confidence in regulatory acceptance of cryptocurrency investment vehicles.

这种相对较高的概率反映了对加密货币投资工具的监管接受信心的日益增强。

The potential approval of such an ETF could be a market catalyst. If approved, this might stimulate institutional demand and provide a path to price recovery for the memecoin.

这种ETF的潜在认可可能是市场催化剂。如果获得批准，这可能会刺激机构需求，并为Memecoin提供价格恢复的途径。

21Shares has already launched a Dogecoin Exchange-Traded Product (ETP) on the SIX Swiss Exchange (CRYPTO: SIX) under the trading symbol DOGE.

21shares已经在交易符号Doge下在六瑞士交易所（Crypto：Six）上推出了Dogecoin交换产品（ETP）。

This regulated product provides both institutional and retail investors in Switzerland, Liechtenstein, and the European Economic Area with convenient access to Dogecoin through a physically backed structure.

该受监管的产品在瑞士，列支敦士登和欧洲经济区提供机构和零售投资者，可通过身体支持的结构方便地获得Dogecoin。

This ETP is fully backed by underlying Dogecoin cryptocurrency, offering investors a transparent and efficient way to invest in the memecoin.

该ETP得到了基本的Dogecoin加密货币的完全支持，为投资者提供了一种透明，有效的方式来投资于Memecoin。

Its units will trade on the SIX Swiss Exchange as the primary listing, with additional listings planned on other European exchanges.

它的单位将以六瑞士交易所作为主要上市交易，并计划在其他欧洲交易所上进行其他清单。

This launch marks a significant step in expanding investment opportunities in cryptocurrencies.

该发布标志着扩大加密货币投资机会的重要一步。