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，其市值为259.5亿美元。随着交易者对更广泛的市场趋势和情绪转变的反应，模因硬币的价格面临着一些压力。但是，一个重大发展可能会改变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已开始列出Dogecoin ETF的过程，并申请其19b-4提案的批准。此举将使投资者在受管制环境中直接接触加密货币，从而使其更容易被传统市场访问。

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将由位资产管理赞助，将作为特拉华州法定信任构建。与一些使用衍生物的加密基金不同，该ETF将直接容纳狗狗币，以确保其价值与CF基准定价指数紧密相关。信托的结构将着重于有效地跟踪门槛的价格，同时涵盖运营成本，以增加长期需求。

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.

在其他新闻中，大多数关于二元期货的交易者都押注Dogecoin的价格上涨。根据加密分析师阿里·马丁内斯（Ali Martinez）的说法，该平台上有82.16％的交易者已经开设了长位，预计加密货币的价值会增加。

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，为了避免进一步的下降，Dogecoin需要将支持保持在0.17美元。如马丁内斯指出的那样，如果它在其交易渠道的下边界处于其交易渠道的下边界，它可能为强劲的反弹奠定了基础，可能会将加密货币推向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.

随着ETF申请获得关注和技术指标的出现，投资者将在未来几周的Dogecoin的价格变动中紧密关注。

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

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