Dogizen, the first Telegram game to launch with an Initial Coin Offering (ICO), is nearing its market debut as its presale closes in less than a week.
With over $3.8 million in early commitments, Dogizen (DOGIZ) is positioned as one of the leading presale projects heading into early 2025.
At the same time, there is growing market enthusiasm for Polkadot (DOT). Asset manager 21Shares has filed for a Polkadot spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
Is a Polkadot ETF Coming?
On January 31, ETF issuer 21Shares officially filed an S-1 registration with the SEC seeking approval to list the Polkadot Trust.
While Polkadot ETFs already exist in Europe, this marks the first DOT ETF filing in the United States.
21Shares plans to list the fund’s common shares on the Cboe BZX Exchange.
Like other spot ETFs, the Polkadot Trust aims to track DOT’s spot price, and its approval could increase attention and demand for the altcoin.
Spot Bitcoin ETFs have experienced substantial success since the SEC approved them for trading in January 2024.
Analysts have linked ETF demand, alongside factors such as political developments, to Bitcoin’s surge past previous highs. The same ETF-driven momentum could potentially extend to other tokens eyed for ETFs, including XRP, Solana, Dogecoin, and now Polkadot.
Bloomberg ETF analyst James Seyffart has noted that market uptake will determine the level of demand.
Why Is Dogizen Trending?
Having launched its ICO on Telegram—a messaging platform with approximately 950 million users—Dogizen has entered its final presale week before going live on market exchanges.
The announcement that DOGIZ will launch on Sui, a Layer-1 blockchain with a growing user base and broad developer interest, has further increased investor enthusiasm. Sui’s recent integration of the non-custodial multichain wallet Phantom positions Dogizen to reach a wider audience.
Given the attention and potential, Dogizen’s upcoming launch could compete with recent Telegram game apps like Catizen, Hamster Kombat and Notcoin.
While Hamster Kombat, Catizen and other GameFi tokens on Telegram attracted millions of players, many participants received tokens via airdrops and then sold them shortly after claiming. Dogizen’s ICO model aims to create a different dynamic.
With over one million players and thousands more participating in the presale, DOGIZ’s early community is more likely to hold tokens long term as they take part in the evolution of gaming on Telegram.
Dogizen Presale Ends February 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
Participants can currently buy Dogizen tokens during the presale at an introductory price.
According to the presale page, the native token’s current price is $0.000085. With a market capitalization cited at $10 million, DOGIZ would have significant upside if the valuation grows to $100 million, $200 million or beyond.
That potential explains why investors are watching the token sale closely ahead of the presale’s scheduled end on February 7, 2025.
Interested in Dogizen? Visit the official site.