The trader has invested in call options for 2 million Dogecoin due to the increasing popularity of the meme coin market.

Altcoins have fallen behind in the recent rise of ethereum, as per Sischka. According to Sischka, traders are closely monitoring ETH in order to anticipate potential changes in altcoin prices. While the approval of the ETF boosted ETH’s surge, Sischka speculates that the addition of dogecoin by Elon Musk on Twitter as a means of payment could impact the market unpredictably.