Dogecoin (DOGE) open interest plunged to a near four-month low in mid-March before beginning a slow recovery. Mr. Fei Chen, founder and CEO of Intellectia AI, shared his thoughts on Dogecoin, a potential DOGE Exchange Traded Fund (ETF), and the likelihood of DOGE inclusion in a US Strategic Crypto Reserve in an interview.
A dip in open interest typically suggests that traders are winding down positions, which can be interpreted as a decline in speculative enthusiasm. In Dogecoin’s case, this is reflective of reduced short-term trading momentum.
While it doesn't signal a complete loss of interest, it does mean the coin is less attractive for leveraged strategies right now — and yes, it could create downward pressure if not supported by new catalysts like retail inflows or positive sentiment shifts. Intellectia AI currently forecasts a short-term correction of -11.28%, which aligns with this cooling trend in derivatives activity.
A Dogecoin ETF — if approved — would mark a major milestone for meme coins. However, it's still highly speculative.
While we've seen the SEC gradually warming up to spot Bitcoin and Ethereum ETFs, meme coins carry higher volatility and lack clear utility frameworks, which could delay or complicate approval. That said, if market demand remains strong and institutions lobby hard, we could see niche or thematic ETFs, including DOGE, emerge, potentially in the second half of 2025.
Dogecoin remains the “brand leader” in meme coins — and its staying power lies in simplicity, strong community support, and cultural influence. But tokens in the AI/agent category (like FET, AGIX, and launchpad platforms) are gaining fast due to real-world relevance and perceived alignment with the future of tech. Over time, we may see DOGE maintain its status as a “digital mascot” while newer, utility-driven tokens begin to dominate serious investor attention. In short, memes won’t disappear — but the next cycle may belong to mission-driven protocols.
Memes are evolving from jokes into high-risk, high-reward digital assets. For investors with a high risk tolerance, a small allocation (1–3%) in meme coins can provide exposure to sentiment-driven spikes. They shouldn’t be core holdings, but they offer asymmetric upside — especially in bull markets when retail activity surges.
In that sense, they are no longer just a fad — they’re now a recognized sub-narrative of the crypto asset class.
Realistically, inclusion in any national-level crypto reserve would prioritize utility, security, and liquidity — which is why assets like Bitcoin and Ethereum would likely come first. Dogecoin’s inflationary model and meme-driven appeal make it less suitable for a strategic reserve. However, its cultural value and user base could position it as a complementary asset, especially if its adoption as a micro-payment currency expands. But as of now, it's unlikely to be a primary candidate.
Dogecoin gains 2.30% on the day and the meme token trades at $0.17650 at the time of writing.