The grayscale DOGE trust ETF (GDOG) was listed on the NYSE Arca today. DOGE surged past $0.145, marking the first compliant institutional funding entry for Meme coins.

Market sentiment? It just exploded.
Some overseas communities are calling for 7.2 dollars, while conservatives are looking at a range of 0.5 to 1 dollar. Analysts from Bloomberg predict that the trading volume on the first day could exceed 11 million dollars — it sounds exaggerated, but considering that SOL's ETF attracted 417 million dollars in its first week, the community base and topic heat of DOGE will only be stronger.
Why is this important? Because traditional financial institutions had almost zero compliance pathways to buy Meme coins in the past. Now that GDOG has been listed, pension funds and hedge funds can finally allocate in a legitimate manner. The transition of Meme coins from "retail toys" to "asset classes" is not to be taken lightly.
Looking back at 2021, DOGE took off and drove the entire Meme sector, with some small coins soaring by 260,000 times at that time. Now the focus has returned to DOGE, will those early Meme projects that have community support and narrative logic take off as well?
From a technical perspective, if DOGE can break through the resistance level of 0.163, the upside space will basically be opened. Of course, high volatility also means high risk, so chasing highs should be done with caution. Small investors can pay attention to those assets in the same sector that have not yet been speculated on, but have potential narratives.
How high do you think this wave of DOGE can go?