Dogecoin is coming to the forefront with Grayscale ETF.

Rise of Dogecoin

Dogecoin gained more than 3% as investors anticipate the upcoming DOGE coin ETF (ticker: GDOG) to be launched by Grayscale. This new ETF from Grayscale will start trading on NYSE Arca.

Cat-Themed Memecoins Stand Out

In the markets, cat-themed memecoins are outperforming dog-themed ones. Cat-themed coins have shown a 4.2% increase in market value, while dog-themed coins have seen an increase of about 4%.