Dogecoin (DOGE) hopes to rebound from recent lows in 2025 as investors eye its potential surge to a historic high of $1.3. Currently, trading above $0.30 this weekend, this leading meme coin needs to soar nearly 300% to reach unprecedented levels. As of the time of writing, the asset's current ATH is $0.7376, set in 2021. Rising to $1.3 represents an increase of nearly 100% over DOGE's current ATH.
With Musk taking over his DOGE department in January, Dogecoin is poised to hit new highs. The asset surged just days after President Trump announced that Musk would be a member of his administration. Some market analysts predict that DOGE will emerge from its slump and rise in the coming year, but when will it surpass $1?
Dogecoin aims for $1.3, but when?
Currently, Dogecoin whales are taking action, possibly selling their holdings of Dogecoin, raising concerns about further declines. However, some price predictions remain bullish, with one forecasting that Dogecoin will far exceed $1.
This year, Dogecoin has risen by 350%. This is consistent with upgrades across the cryptocurrency industry. Elon Musk's Department of Efficiency (DOGE) and the accumulation by whales support this viewpoint. The recent performance of Bitcoin, combined with this positive momentum, could further propel the asset's development.
To reach $1, Dogecoin must rise at least 150% from its current price level. According to CoinCodex data, this meme coin is expected to hit new highs next year. Dogecoin is anticipated to reach a peak of $1.12794 in 2025.
As for $1.3, Dogecoin may not reach this level until late 2025 or early 2026. Leading on-chain indicators and forecasting company Digital Coin Price paint an optimistic outlook for Dogecoin. According to price predictions, Dogecoin may hit a new high of $1.48 in 2026. The average trading price could be $1.34, with Dogecoin potentially trading at a minimum price of $1.20.