Dogecoin’s ETF Hype

Analysts see a 30%+ price rebound if approvals go through.

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🐶 DOGE ETF hype and Musk’s lawyer backing

🎨 Polygon’s NFT and stablecoin-powered surge

💧 XRP’s $1B Wall Street play and rebound signals

Dogecoin, the internet’s favorite meme coin, is dipping but big players like Musk’s lawyer and ETFs could fuel a comeback.

🚨 Breaking News: DOGE ETFs from Bitwise, Grayscale, and 21Shares are nearing deadlines, with approval odds hitting 80%.

⚡Wire Simplified:

  • Dogecoin dropped 24% since July, trading near $0.218.

  • Market cap sits at $32B, still the top meme coin.

  • Elon Musk’s lawyer leads “House of Doge,” raising $200M to buy DOGE.

  • SEC DOGE ETF deadlines: Oct 18 (Bitwise), Jan 9 (21Shares).

  • Analysts see a 30%+ price rebound if approvals go through.

✔️ Straight to the Point: Meme coin magic meets Wall Street seriousness. If ETFs land, DOGE could finally bark louder than the skeptics.

🎤 Will DOGE ETFs actually get approved this year?

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Polygon (POL), Ethereum’s sidekick, just flipped resistance as NFT sales, stablecoins, and users brought serious heat to its ecosystem.

🚨 Breaking News: Polygon NFTs jumped 14% to $18.9M, while active addresses hit 2.4M, defying declines in other blockchains.

⚡Wire Simplified:

  • POL price hit $0.2796, its highest since March.

  • Courtyard NFTs alone pulled $17M, outshining Ethereum collections.

  • Active addresses surged 10% while Solana and Base lost users.

  • Stablecoin supply hit $1.32B, over half in non-USD stablecoins.

  • Even the US government moved some of its data to Polygon.

✔️ Straight to the Point: While others snooze, Polygon’s flexing NFTs, stablecoins, and users. If momentum holds, POL could pump another 45%.

🎤 Would you trust government data on a blockchain?

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Ripple’s XRP tanked 23% but with booming stablecoins, futures, and ETFs in the pipeline, bulls see a rebound brewing.

🚨 Breaking News: Ripple’s RLUSD supply hit $701M and CME XRP futures open interest soared to $1B in just three months.

⚡Wire Simplified:

  • XRP price dropped from $3.66 to $2.81, still above key averages.

  • RLUSD supply now $701M, growing faster than PayPal’s PYUSD.

  • CME XRP futures set records, fastest to $1B open interest.

  • XXRP ETF already managing $352M AUM.

  • Analysts eye a bullish breakout towards $3.66, even $5.

✔️ Straight to the Point: XRP’s not dead, it’s reloading. With Wall Street betting big, September could bring fireworks for Ripple’s token.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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