A warning from a notable DOGE contributor highlights the potential risks in the volatile Dogecoin market. The Rex-Osprey DOGE ETF (DOJE) prepares for its launch this Thursday, marking a significant moment for meme coin ETFs in the U.S. According to Bloomberg ETF analyst Eric Balchunas, this development could bring further attention to Dogecoin, leading to increased investor activity. However, the emerging volatility raises concerns among seasoned investors. As the marketplace awaits the ETF launch, cautious optimism prevails while participants brace for potential market fluctuations in the coming days.