Dogecoin Jumps 9.57% – Can the King of Memecoins Break $1 in 2025?
Harper Lee
Dogecoin (DOGE), often called the Bitcoin of memecoins, is back in the spotlight after a strong 8.79% surge in the last 24 hours.
With the Dogecoin Price Prediction for 2025 turning bullish, many traders are wondering — will Dogecoin go up to new highs this year?
Whale-Driven Supply Squeeze
Blockchain data reveals that whales bought 1.08 billion DOGE (over $200 million) in just 48 hours, now holding 50% of the circulating supply.
This reduces sell-side liquidity, making Doge price more volatile to the upside. Similar whale buying in July 2024 sparked a 32% rally.
Futures open interest has also climbed 16% to $3.7 billion, showing strong leveraged bets. Key level to watch: sustained accumulation above $0.23.
Golden Cross Breakout
On August 12, DOGE’s 50-day moving average crossed above the 200-day moving average — a “Golden Cross.”
The last time this happened, in November 2024, DOGE soared 130%. This technical setup adds to bullish momentum for Dogecoin prediction enthusiasts.
Why Dogecoin Is Still the Memecoin King
Despite being a joke at its inception, Dogecoin has become the leader of the memecoin space.
Supporters see it as a fun, community-driven alternative to Bitcoin, and analysts point out that a price of $6.9420 per DOGE would mean a $1 trillion market cap — a bold but not impossible goal if crypto adoption accelerates.
This is a technical analysis pattern comparison between past and current market cycles, implying we’re on the verge of a major altcoin rally.
Dogecoin Price Prediction 2025
According to CoinPedia, if trading volume keeps rising, the Doge Coin Price could reach $1.07 by the end of 2025. In a bearish scenario — such as stricter regulations or negative statements from influencers — the price of Dogecoin could fall to around $0.62.
2025 Forecast:
Potential Low: $0.62
Potential Average: $0.84
Potential High: $1.07
With a strong community, increasing adoption, and renewed momentum, DOGE has a real shot at breaking past its old highs.
For now, all eyes are on its price action and market sentiment — and whether 2025 could be the year Dogecoin makes history again.
Subscribe to my newsletter
Read articles from Harper Lee directly inside your inbox. Subscribe to the newsletter, and don't miss out.
Written by