Dogizen eyes market debut as 21Shares files for Polkadot spot ETF

Dogizen, the first Telegram game with an initial coin offering, is poised for a major market debut when its presale ends in under a week.

At over $3.8 million in early bids so far, Dogizen (DOGIZ) stands out as one of the top presale projects in the market in early 2025.

Meanwhile, there’s notable interest in Polkadot (DOT) amid broader market enthusiasm. Specifically, asset manager 21Shares has filed for a Polkaddot spot exchange-traded fund with the US Securities and Exchange Commission.

Is a Polkadot ETF coming?

On Jan. 31, ETF provider 21Shares officially filed an S-1 registration with the SEC seeking approval for the listing of Polkadot Trust.

There are other Polkadot ETFs in Europe. However, this is the first ETF application for a DOT ETF in the US.

21Shares outlining plans to list and trade the fund’s common shares on the Cboe BZX Exchange.

Like other spot ETFs, the Polkadot Trust targets tracking the spot price of DOT. Its potential launch could draw attention to the altcoin.

Spot Bitcoin ETFs have witnessed huge success in the one year since the SEC approved them for trading in January 2024.

Analysts have pointed out that the interest in the funds coupled with other factors such as Donald Trump’s election, are what hoisted Bitcoin to its all-time high above $108k. Could this trend hold for the various tokens eyeing ETFs like XRP, Solana, Dogecoin and now, Polkadot?

Bloomberg ETF analyst James Seyffart says the market will decide on the issue of demand.

Why is Dogizen trending?

Having launched its ICO on Telegram, a 950 million user platform, Dogizen has entered the final week of presale before it makes its market debut.

The news that DOGIZ will go live on Sui, a layer-1 blockchain that offers an expansive user base and greater promise has further fueled investor interest.

Sui recently integrated the non-custodial multichain wallet Phantom, a development that places Dogizen on track for a new adoption base. The attention and potential means Dogizen’s upcoming launch could rival recent Telegram game apps Catizen, Hamster Kombat and Notcoin.

While Hamster Kombat, Catizen and other GameFi tokens on Telegram witnessed significant success in terms of attracting millions of players, the airdrop approach meant most participants sold-off after token claims.

DOGIZ makes a case for itself with the ICO approach. Notably, the over 1 million players and thousands more to take part in the presale are likely to become long term holders as they target the future of gaming on Telegram.

Dogizen’s presale ends on Feb. 7

Less than a week to snag your $DOGIZ before the presale’s over! ⏳

This is your shot to get in early on the first Telegram ICO and ride the wave as Dogizen launches. Don’t wait – opportunities like this don’t come around twice. 🚀

Join now 👉 https://t.co/rM5DLsQHLh pic.twitter.com/OTZ49IREhY

— Dogizen (@DogizenGame) January 31, 2025

Currently, presale participants can position with Dogizen at a bargain price.

Per details on the presale page, the Telegram game’s native token’s price is just $0.000085. With the market cap at just $10 million, its a massive room for appreciation for Dogizen if this were to get to $100 million, $200 million or more.

That’s why it is easy to fathom why enthusiasts are eyeing the token sale before it ends on February 7, 2025.

Interested in Dogizen? Visit the official website.