Dogecoin ETF to Begin Trading as SpyDoge Raises $1.1M

While the entire crypto market is down thanks to Bitcoin’s losing momentum due to the current political turbulence, positive news has flooded in about DOGE from the ETF front. 

Grayscale’s Dogecoin ETF could soon be making an entry into the market, an event that could lead to the top meme coin, Dogecoin, experiencing a much-needed upside.

Dogecoin ETF May Make Its Debut This November

According to Bloomberg analyst Eric Balchunas, it may be possible for Grayscale to bring the Dogecoin ETF to the market by November 24. Grayscale’s rapid transformation of its trusts into ETFs is cited as the reason this could happen.

The renewed application has already been submitted, and the analyst believes that it may soon receive the SEC’s approval. And with that, the hope is that the meme coin market could veer towards a positive direction.

Based on 20 day clock I believe Grayscale will be out with first Doge ETF in a week, 11/24. We’ll see, won’t be 100% till exchange notice, but based on SEC guidance it looks good. pic.twitter.com/mvlGsNyNVG

— Eric Balchunas (@EricBalchunas) November 17, 2025

Will the Doge ETF Approval Pump Dogecoin?

In the short term, yes, it is possible for the Dogecoin ETF to boost Dogecoin’s visibility and relevance among investors. The “selling the news” aspect could work in the meme coin’s favor, pushing its value upwards. 

Given the current downtrodden market, it is possible that the announcement of the Dogecoin ETF could be the shot in the arm Dogecoin needs to experience some price boost. However, given the impact of such news on assets, investors should not hold their breath for said growth to be parabolic. There have been ETF announcements in the past, and they’ve done little to push an asset’s price.

Spydoge Could Provide a Better Upside than Dogecoin

Since Spydoge has entered the market, it has gathered steam quickly and is now becoming a formidable meme coin in its own right. The multistaged presale of the project is halfway through the 13th stage, and over $1.1 million has already been raised.

The strong meme-driven narrative that puts equal emphasis on fun and engagement is likely the reason behind this growth. And considering the meme narrative itself has evolved, the possibility remains high for this meme coin to experience an explosive debut when it finally makes its way to an exchange. 

Furthermore, considering Spydoge stays true to the core of what Dog-based memes used to be, fun and community-centric, it could provide better long-term upside as compared to Dogecoin.

Spydoge Presale Raises Over $1.1 Million

The Spydoge presale has been a huge success. Thanks to its spy-driven narrative and doge-based themes, the project has been able to raise upwards of $1.1 million to date.

Investors are gravitating towards the simple imagery it creates and the fun, evolving narrative it weaves, which has caused a lively community to emerge.

Spydoge’s Spy-Based Narrative Evolves with the Introduction of a New Meme Team

The official website describes Spydoge as a fun-loving spy moving across the city armed with a banana and protecting people from scams, while also engaging with them in a funny format.

Described as a secret agent, Spydoge views investors as agents who can gain access to multiple facilities it provides, which include the Meme Vault, spy-themed rewards, NFTs, and cross-chain expansion plans.

The main leader of the project, who also happens to be its mascot, is Agent Banana. And now the team has evolved with the introduction of the pack, which was recently revealed through Spydoge’s official X account.

Spydoge’s Strong Tokenomics and Simple Roadmap

While the narrative of Spydoge has helped create an engaging ecosystem that could help develop a strong community, Spydoge’s tokenomics is also grabbing attention. It is simplified, and the total number of tokens is allocated prudently in order to give the project long-term upside.

Only 40of the total supply has been allocated to the presale. It is a great move that gives the community control of the ecosystem while also ensuring that any last-minute dumping does not cause the SPYD price to drop too much.

The project also envisions a multichain future, as explained in the official roadmap. Furthermore, with Meme Staking and associated rewards also being promised, Spydoge could become one of the strongest crypto presales in the market.

Spydoge Offers a 50x Promise

Spydoge’s multistaged presale has been designed to reward early movers. The project is currently valued at $0.0012, and by the time it goes live, it will be worth $0.06. This alone means that those who invest in the project today could get a 50x ROI. Furthermore, the community that Spydoge has built on X is also giving it a much-needed boost.

While not unprecedented for a meme coin, at a time when Bitcoin has lost its $100K footing, this could be seen as a major positive that could position Spydoge as a leading asset.

Final Words

The current meme coin market needs something different, an essence that carries within itself a taste of the past, one that involves fun with a sense of community. Spydoge could be that asset. This meme coin is continuing to gain traction, and thanks to its incrementing pricing structure and growing community, it could make an explosive entry on the price chart upon listing.