Ethereum just broke out and is moving quickly against Bitcoin. This usually signals a good time for altcoins. We already saw XRP and XLM explode in price. These are classic signs of retail traders returning to the market. Traders love so-called “dinos,” the old-school coins with big names and easy access on exchanges.
One of the biggest dinos is Dogecoin. The DOGE to $1 movement is alive and stronger than ever. Recent market momentum shows it might be more realistic than you think. Let’s dive in and explore the latest developments around Dogecoin.
Dogecoin Eyes More Gains After Breaking Out
Dogecoin’s recent breakout above $0.20 turned many heads. Right now, it trades around $0.235 to $0.258. Some expect a slight pullback before another big move in late July and August 2025.
Short-term predictions suggest a dip toward $0.199 or $0.20. After that, analysts expect a sharp recovery to $0.25 or $0.27. This points to a possible 15% to 22% increase, with some even aiming for a 25% gain to $0.269.
For the end of 2025, many experts predict Dogecoin could reach $0.35. This is based on continued bullish trends in Bitcoin and fresh interest from institutional buyers.
Longer-term forecasts are even more exciting. There are predictions of wild swings between $0.55 and $1.25. Factors include Elon Musk’s influence, rising use of crypto payments, and possible meme coin ETFs.
Key Drivers Behind DOGE’s Momentum
One of the strongest drivers for Dogecoin remains Bitcoin’s growth. Bitcoin moving above $120,000 has reignited bullish energy in the market. On-chain data also shows whale interest increasing again.
Analysts stress the importance of the $0.19 to $0.20 range. If that holds, the chance of revisiting $0.17 reduces. Plus, the recent falling wedge breakout gives more fuel to the rally.
The DOGE to 1$ narrative is heating up fast.
Dogecoin currently trades around $0.243, up from $0.19 just a week ago. The mood is clearly bullish, and social media buzz is adding to the hype.
Technical indicators reveal resistance near $0.22 and support around $0.18. According to CoinCodex, Dogecoin could average $0.2167 in July, with a possible 26% increase if momentum stays.
Looking back at past bull runs, Dogecoin has the potential for a massive run-up. Some bold predictions even target levels above $2.28 in the long term, marking an 800% rally from current prices.
DOGE Volumes and Market Activity
Over the past month, Dogecoin gained 40.5%. Daily trading volumes are up nearly 90% and make up 19% of DOGE’s market cap. This suggests healthy interest from both new and returning investors.
Meanwhile, meme coins in general are having a good month, gaining 41% on average. But Dogecoin remains the top dog, controlling 47% of the total meme coin market cap.
Solana-based meme coins like Bonk (BONK), Fartcoin (FARTCOIN), and Pudgy Penguins (PENGU) are rising fast. However, they still account for just 43% of Dogecoin’s market cap combined.
DOGE remains the king, and history shows it survives every crypto downturn.
A Technical Look: Can DOGE Hit $0.367?
DOGE recently hit resistance at $0.2500 and pulled back. Strong trading volume suggests a key battle happening around this area.
There’s a good chance DOGE will move between $0.215 and $0.255 before making its next big move. If it breaks above $0.255, we could see a rally toward $0.367.
A bullish signal just appeared on the charts. The 9-day EMA has crossed above the 200-day EMA. Combined with a rounding bottom formation, this points toward a potentially strong breakout.
In short, DOGE to 1$ may not happen this month. But the path to higher prices looks more likely than ever.
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Fibonacci Targets: $0.26 to $5?
Chart analysts are also watching Fibonacci retracement levels closely. Important resistance sits at $0.261 and $0.285. The next zones to watch are $0.329 and $0.413.
If Bitcoin shoots past $123,000 and possibly reaches $150,000, DOGE could follow. Some extreme models even project targets like $3.97, $4.33, or even $5 during a super-cycle rally.
However, these targets depend on Bitcoin’s strength. If Bitcoin dips, everything else—including DOGE—will follow.
Dogecoin ETF Buzz Adds Fuel
Legislation could become a major turning point for Dogecoin. The U.S. House recently passed the Genius Act, bringing new crypto regulations.
New regulations help remove market uncertainty and could fuel more adoption. Companies like Bit Origin have already raised $500 million to build a Dogecoin treasury. Corporate interest is growing.
Meanwhile, ETF rumors are rising. Pengu already filed for a meme coin ETF. But analysts believe DOGE could be the first major meme coin ETF if regulators allow it.
A DOGE ETF would open the doors to even more liquidity and attention, pushing DOGE closer to $1.
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Final Thoughts: Is DOGE to $1 Happening Soon?
The path to $1 for Dogecoin is not guaranteed. However, all signs point to a powerful bullish cycle in progress.
DOGE has survived multiple crypto winters. It has always bounced back stronger. With Bitcoin flying high, new laws clearing up crypto rules, rising social media excitement, and whispers of ETFs, the stage looks set.
Whether DOGE hits $1 this year or next, it is clear this meme coin remains a market favorite. The question is not “if,” but “when.”
If you are planning to trade Dogecoin, buckle up. The ride to $1 may come faster than anyone expects.
If you enjoyed this blog, you may want to check our recent update on Trump’s plans to add crypto to 401k’s.
As always, don’t forget to claim your bonus below on Blofin. See you next time!
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