ETF speculations about Dogecoin and XRP are increasing the increase in investor optimism
ETF speculations about Dogecoin and XRP are increasing the increase in investor optimism
- The social data of Santiment show a significant shift in favor of Dogecoin and XRP.
- Social comments can play a crucial role in the design of trade strategies.
- For XRP the mood remains overwhelming Bullish.
The investor optimism for Dogecoin (Doge) and XRP grows quickly, heated by increasing social mood and speculation about the possible approval of stock markets-traded funds (ETFs) that are based on these cryptocurrencies.
This growing trust in the two tokens indicates a potential bullish phase for the coins, despite the still existing regulatory hurdles.
The social data of Santiment show a significant shift in favor of Dogecoin and XRP, especially in online discussions and the mood in the community.
Social comments can play a crucial role in the design of trade strategies, since positive discussions often support upward moment, while negative moods can influence bearical trades.
For XRP the mood remains overwhelming Bullish, with only a few bear voices despite a decline in general social discussions about the tokens compared to other large cryptocurrencies.
The perceived probability of approval of a spot XRP ETFs until the end of 2025 rose to 85%, a remarkable increase of 65% just two months ago, according to polymarket.
Doge and XRP are ready to benefit from this shift in mood
This growing trust comes, although the US investment supervisory authority (SEC) has postponed decisions about the suggestions for spot-dog and XRP ETFs by June 17th, 2025
Nevertheless, the technical analysis shows strong accumulation patterns, which indicates that the market remains positive.
Both Doge and XRP seem to be ready to benefit from this mood shift, since investors remain optimistic about future regulatory results.
Dogecoin, especially after the ETF applications of 21shares and Bitwise in April, experienced a dramatic increase in social dominance.
before the end of April was Doge in a phase of low social attention, but the recent requests had aroused the new interest and raised his social dominance to a three-month high.
The support from the house of Doge and the Dogecoin Foundation for the application of 21shares has further strengthened the credibility of Doge as a serious investment option and shaken the image as "Memecoin".
dealers and analysts now notice a strong accumulation by large owners or "whales" and bullish patterns that appear on the diagrams, which heats up speculation that Dogecoin could enter a new growth phase.
While other tokens such as Ethereum (Eth), Solana (Sol) and Binance Coin (BNB) see mixed social signals, the positive swing around Doge and XRP reflects a broader market development into digital fortune values.
Da Doge- und XRP-ETFs continue to attract the attention of investors, the market mood Bullish remains ready to cause a sensation in the coming months.