Dogecoin (DOGE) hopes to rebound from recent lows in 2025, as investors are watching whether it can surge to a historic high of $1.3. Currently, the trading price of this leading meme coin exceeds $0.30 this weekend; to reach unprecedented levels, it needs to soar nearly 300%. As of the time of writing, the asset's current ATH is $0.7376, set in 2021. Soaring to $1.3 would be nearly a 100% increase from DOGE's current ATH.
With Musk taking over his DOGE division in January, Dogecoin is set to hit new highs. Just days after President Trump announced that Musk would become a member of his administration, the asset surged. Some market analysts predict that DOGE will emerge from its slump and rise within the next year, but when will it surpass $1?
Dogecoin is expected to reach $1.3, but when?
Currently, Dogecoin whales are taking action, potentially 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 aligns with upgrades across the entire cryptocurrency industry. Elon Musk's Department of Government Efficiency (DOGE) and whales accumulating DOGE support this view. Bitcoin's recent performance, combined with this positive momentum, may further drive the asset's growth.
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 projected to reach a peak of $1.12794 by 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 could hit a new high of $1.48 in 2026. The average trading price may be $1.34, with a potential low price of $1.20.
