Dogecoin (DOGE) could be gearing up for a possible record high above $1, with the asset's technical formation hinting at an incoming price breakout.
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.
Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers.
Despite the optimistic predictions, DOGE remains deep in red territory on a monthly scale.
Dogecoin has faced a couple of turbulent weeks, with its price battling to reclaim crucial resistance levels while managing to hold above key demand zones. Following the early February selloff, the broader meme coin market has been bleeding, underperforming compared to altcoins and Bitcoin.
The Dogecoin price has been battling bearish pressure since the start of February. However, the prospects of US authorities approving spot Dogecoin ETFs position this altcoin for massive growth. While DOGE's growth trajectory remains uncertain, RCO Finance (RCOF), an upcoming DeFi altcoin, has remained bullish during its presale.
Investors and crypto enthusiasts are always on the lookout for the next big opportunity, and while names like Solana (SOL), XRP, and Dogecoin (DOGE) are well-known, RCO Finance (RCOF) is emerging as a strong contender. Many believe RCOF could be the best altcoin to buy in 2025, thanks to its unique features and growth potential.
Dogecoin (DOGE) price has undergone a notable correction in recent days, aligning with broader market trends. The meme-inspired cryptocurrency has been testing key support levels throughout the past week.
The last 24 hours have seen the combined crypto market liquidation topping $200 million from over 92,000 traders. Dogecoin (DOGE) emerged as the most impacted meme coin, with total liquidations amounting to $12.02 million, per CoinGlass data.
The market dynamics for memecoins appear to have changed to a large extent as they are displaying a vibrant price action. While some manifested a monstrous rally like TRUMP, others like WIF maintain a calm upswing, and memecoins like Dogecoin are stuck within a range waiting for the right time to trigger a breakout.
Dogecoin (DOGE) has experienced a period of low volatility, with whale activity showing little movement in recent days. This stagnation in large-holder activity has left many wondering about the future direction of the cryptocurrency.
Most of the coins are back in the red zone at the beginning of the weekend, according to CoinMarketCap.
Dogecoin is still yet to recoup its price decline from last week, which saw it breaking below $0.3. Nonetheless, a key technical signal has emerged on DOGE's price chart that could send the meme coin on a bullish path for the rest of the year.
Dogecoin price gained 3% on Friday ETF speculation and shifting regulatory sentiment fuel investor optimism for further bullish action. Polymarket users are pricing in a 22% chance that DOGE ETF approval sparking new all time highs in Q1 2025.
After Dogecoin has fallen below $0.30, DOGE has continuously seen static big player movements.
Dogecoin (DOGE) has faced a significant market downturn recently, with its market cap dropping to $38.9 billion, a sharp 45% decline from its peak of $71 billion in December 2024. Despite this decline, the cryptocurrency still holds considerable growth potential, and analysts continue to explore what might happen if Dogecoin's market cap achieves key milestones.
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed Bitcoin historically.
Betting markets show a higher probability of approval of a spot Dogecoin (DOGE) ETF. According to Polymarket data, there is currently a 74% chance of approval till the end of 2025, which is 37% higher since Donald Trump's inauguration.
Since the launch of the first NFTs, they have gradually gained popularity not only among crypto investors but also among artists, celebrities, and people from all walks of life. But popularity brought some challenges.
Crypto markets are experiencing strong momentum on Friday, with key assets posting gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,205.44 +2.7% Ethereum (CRYPTO: ETH) $2,744.60 +3.9% Solana (CRYPTO: SOL) $202.28 +5.2% XRP (CRYPTO: XRP) $2.79 +13.5% Dogecoin (CRYPTO: DOGE) $0.2775 +8% Shiba Inu (CRYPTO: SHIB) $0.00001688 +4.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.8% and daily active addresses growing by 5.3%.
President Donald Trump's Solana meme coin has skyrocketed again, while major coins like Dogecoin and XRP show their own sizable increases.
Dogecoin's 2025 price predictions spark debate, while WallitIQ gains attention with explosive potential and 0% swap fees. #partnercontent
Betting markets indicate increasing confidence that a spot Dogecoin (CRYPTO: DOGE) ETF could receive regulatory approval, with Polymarket data showing a 74 percent chance of approval by the end of 2025. This represents a 37 percent increase since the inauguration of Donald Trump, suggesting rising optimism among speculators.
Dogecoin is trading at critical supply levels as the broader crypto market begins to show signs of life. Over the past few weeks, DOGE has faced significant volatility and uncertainty, with the price dropping to lower demand zones.
Dogecoin (DOGE) price has recently shown signs of recovery, bouncing off a two-month-old downtrend line and attempting to secure a key support level at $0.26.
Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.
The SEC has acknowledged Grayscale's proposals for Dogecoin and XRP spot ETFs and is seeking public input before making a decision on their approval.
Dogecoin (DOGE) has rallied by 6.1% in the past 24 hours and currently stands at $0.2738 as the U.S. Securities and Exchange Commission (SEC) acknowledged applications for spot exchange-traded funds (ETFs) for both DOGE and XRP.Now, the SEC has 240 days to review and issue a response for these applications.
XRP and Dogecoin surge after the U.S. SEC acknowledged Graycale's applications for XRP and DOGE spot ETFs. Plus, GameStop considers buying bitcoin and South Korea lifts a ban on crypto trading in a sign of greater global acceptance of digital assets.
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts, but its recent performance has raised concerns among investors. While DOGE still enjoys support from a loyal community, its lack of fundamental innovation has left it vulnerable to more technologically advanced competitors.
Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner. What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.
The Securities and Exchange Commission has acknowledged Grayscale's applications for spot Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO: XRP) ETFs. This step signals that the agency is willing to consider the proposals, a shift from its previous tendency to dismiss similar applications for alternative cryptocurrencies.
Dogecoin (DOGE) is up 5% this Friday. The spike follows renewed optimism surrounding the approval of a spot Dogecoin exchange-traded fund (ETF).
TL;DR Grayscale files for XRP and DOGE ETFs, and the SEC begins a 240-day review process. XRP's improved legal standing post-2023 court ruling may strengthen its ETF case, while DOGE faces regulatory scrutiny. Market reactions are positive, but experts caution that SEC acknowledgment does not guarantee approval.
DOGE's breakout attempt signals a bullish reversal, targeting $0.33-$0.39. A rounded bottom pattern supports upward momentum, but confirmation above $0.2877 is key.
Dogecoin (DOGE) could be on the verge of a major price explosion, with CobraVanguard, a market analyst predicting a 134% surge for the popular memecoin. As Bitcoin's momentum stabilises and altcoins begin to show strength, DOGE is emerging as a key contender for a significant breakout.
Grayscale's push for a spot Dogecoin ETF takes a step forward as the SEC acknowledges its filing. Could this signal a major shift for DOGE?
The SEC, previously dismissive of similar proposals, appears more open under the current administration.
More cryptocurrencies may soon follow Bitcoin (BTC) and Ethereum (ETH) in receiving their spot exchange-traded funds (ETFs), as SEC reveals new updates on crypto ETF filings.
Last year, mainstream cryptocurrencies such as Bitcoin and Ethereum generated returns far superior to those seen in the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC). One of the main catalysts for these cryptocurrencies in 2024 was the presidential election.
Bitcoin (BTC) rebounded after dropping to a low of $95,346 late on Thursday to reclaim $97,000. However, price action remains sluggish, and market sentiment is mixed.
Ripple's XRP is making headlines after the SEC acknowledged Grayscale's proposal to convert its XRP Trust into an ETF. While this doesn't mean approval is guaranteed, it's a major step forward, especially under the new SEC leadership.
Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.
The SEC has begun reviewing Grayscale's applications for XRP and Dogecoin ETFs, with decisions expected by October 2025, marking a shift in the agency's approach to cryptocurrency investment products.
Dogecoin is on track for a potential rebound to $0.50, but investors are also turning their attention to Panshibi, a new meme coin bringing real utility to the market. #partnercontent
The US Securities and Exchange Commission (SEC) has acknowledged Grayscale's applications for spot Dogecoin (DOGE) and XRP exchange-traded funds (ETFs), according to two Feb. 13 filings by the financial regulator. This marks the first step in a regulatory review process that could determine whether these funds receive approval.
The SEC has officially acknowledged Grayscale's XRP and Dogecoin ETF filings. Grayscale aims to expand its ETF offerings beyond Bitcoin and Ethereum.
Bloomberg exchange-traded fund (ETF) analysts James Seyffart and Eric Balchunas have evaluated the prospects for the altcoin ETF applications submitted by major asset managers these last months. Their analysis reveals a growing optimism regarding the regulatory landscape for these financial products, particularly with Litecoin (LTC) ETFs emerging as the frontrunner for potential approval.