Dogecoin (DOGE) enthusiasts are debating the potential for the cryptocurrency to reach a new all-time high (ATH) during October, a month often dubbed 'uptober' for its bullish trends. Currently, DOGE is 67% below its ATH of $0.73, set in May 2021. Optimists in the community highlight past October gains and the return of 'degen' investors as positive signs, while others caution that significant gains have historically occurred in January or spring. The recent launch of a DOGE ETF by REX Shares and Osprey Funds on CBOE has added to the market's optimism, with some viewing it as a catalyst for long-term growth. However, concerns about the U.S. government shutdown and its impact on market risk appetite remain. The U.S. SEC's decision on additional ETF proposals, expected by October 17, could further influence DOGE's trajectory.