Bitwise ETF filing sparks DOGE hype as Panshibi gains attention

Bitwise’s Dogecoin ETF filing fuels $1 speculation, while Panshibi emerges as the next viral meme coin.

Dogecoin has always been the underdog that somehow keeps surprising everyone. Now, with Bitwise filing for a Dogecoin ETF, people are asking the big question: could this finally push DOGE to $1? It’s not just hype; a crypto ETF can bring in serious investors who wouldn’t normally touch meme coins.

Meanwhile, a new player named Panshibi (SHIBI) is making waves in the crypto community. Panshibi offers a new and engaging experience that goes beyond typical crypto investments.

As the crypto landscape continues to evolve, investors are closely monitoring these developments, particularly those interested in top altcoins and Doge price prediction.

Can Dogecoin reach $1 with the Bitwise ETF filing? 

Dogecoin is currently priced at $0.3241, which is about three times less than the $1 many of its holders hope for. Despite being the top meme coin with a market cap of over $48 billion, the Dogecoin price took a hit this week due to a dip in the crypto market.

The coin dropped by 9.7% this week, delaying its rise above the $0.4 mark, which it briefly reached on January 18. However, Dogecoin has grown by over 317% in the last year, showing strong growth overall. 

Many are still hopeful, especially with Bitwise’s recent filing for a DOGE ETF, which suggests growing mainstream interest in Dogecoin. Although Dogecoin could see a boost from wider mainstream adoption if the DOGE ETF is approved, it’s uncertain whether reaching $1 is realistic in the near future.

Achieving this would require a significant surge in buying interest and overall growth in the cryptocurrency market. Dogecoin recently moved above its 50-day EMA, a key indicator for traders, showing potential for more growth. It’s also known for being used in fast and affordable payments, with upgrades like Hydra aiming to make transactions even quicker and cheaper.

Despite its growth, Dogecoin faces challenges. The project price is mainly driven by speculation, and it doesn’t have many real-world uses outside of its community.

For Dogecoin to break $2, the token would need to be used in areas like decentralized finance (DeFi). As for the DOGE price prediction, experts are divided, but many see its future as tied to wider adoption and use.

Panshibi: A fun and rewarding meme coin  

Panshibi is a new meme coin that connects three things: Asian culture, pandas, and meme coins. The project runs on the SHIBI token, which lets holders complete tasks and earn rewards.  

Panshibi is emerging as a strong contender in the meme coin market, with many predicting that the project could become the next major meme coin, offering the potential for huge gains.

The project has passed a full security audit, and its liquidity will be locked for 10 years, while team tokens will be locked for two years. This stability could attract serious investors who have seen meme coins rise and fall, and reduce the risk of sudden sell-offs. 

Right now, Panshibi is in its presale phase, giving early investors a chance to buy at a low price. The project plans to distribute 60% of its total supply (1.2 billion tokens) during presale, ensuring fair access. Once the presale ends, control of the token will be fully handed over to the community. 

The presale is moving fast, with a pricing model that rewards early buyers. Investors also get access to the Bamboo Private VIP Members Club, which offers perks like giveaways and early access to future projects.

Panshibi aims to mix fun with real accountability. Its 60-day presale is split into multiple phases, starting at $0.002 per token and is now currently at the second stage of presale at $0.003.

The project raised $45,000 on its first day and has already passed $250,000 in a few days. If Panshibi continues to grow, the token could become one of the top altcoins in the meme coin market.

To learn more about Panshibi, visit its Telegram, Twitter, and website.