Every year 20 April is celebrated as Dogecoin (Doge) Holders as “Dogeday” worldwide. This day has become a crypto festival, especially for those who adopt cryptocurrency with mim and fun. This time’s Dogeday is even more special, because many ETF (Change Traded Treasure) proposal related to DOGE are pending with US Securities and Change Fee (SEC) and their decisions are coming soon.
DOGEDAY: Mim born Crypto Festival
Dogeday began in 2021, when Dogecoin Population made 20 April with “International Weed Day” and made a fun Crypto Festival. Since then this day is celebrated every year and the community of Doge celebrates it with great enthusiasm.
Dogecoin’s strength: community and connection
Although dogcoin was initially called “Joke Token”, its community has always been strength. The branding of the dog between Web-Savvy and Young Investors became quite popular as a meme. Today it ranks eighth in the Crypto World according to the market cap, the total value of which has reached $ 24.12 billion.
Inflationary To Tlanomics and Retail Appeal
The tounomics of DOGE often have to be critical due to its inflation rate. Every day about 14.4 million new token arrives in the market, causing its daily inflation value $ 2.16 million. However, this inflation makes it affordable and accessible for retail investors, because Dogcoin Worth Most of the time remains below $ 1.
Effect of Social Media and Elon Musk
Social Media and Elon Musk have had a big hand in the success of dogcoin. In November 2024, due to the support of Musk and social media craze, Doge also left behind the market cap of a big company like Porsche. There is a meme, a tweet or a viral video behind every major movement of Doge.
DOGE ETF: SEC decisions stabbed
The biggest focus on the occasion of DOGEDAY 2025 is on the DOGE ETF proposals. Currently four ETF Filings are in front of SEC: where BitWise, Grayscale, OSPREY and 21Shares applied to SEC for Dogecon ETF Is. Of these, 21 would is likely to come on the filing of Grayscale and 18 would is likely to get answers to 18 would Possibly on Bitwise. The remaining two filings are currently in the Initial Review Stage. If an ETF is approved, it can move the dog to new heights.
Conclusion
Dogeday is not only a Crypto Community Festival, but also shows how the thing that started with a joke has become a part of a serious financial discussion today. The possibilities of ETF Benevolence can open the way to bring Dogecoin into the mainstream investment options. Until Sec tells his decision, Doge will continue to celebrate the slogan “To the Moon”.
