Dogecoin (DOGE) is set to make a comeback in 2025, aiming for a historical high of $1.3! Recently, investors have been focusing on this popular meme coin, seemingly all expecting it to break out of its current stagnation. Recently, the trading price of DOGE has surpassed $0.30, and to achieve a major comeback, it needs to increase nearly 300% to reach the $1.3 target!
So far, DOGE's all-time high (ATH) is $0.7376, a record set in 2021. To break through $1.3, DOGE needs to rise nearly 100% from the current ATH. Imagine the market frenzy if Dogecoin takes off again!
With Musk taking over the DOGE department in January, Dogecoin's future is filled with anticipation and hope! Just a few days after Trump announced that Musk would join his government team, the price of DOGE skyrocketed, exciting investors.
Many market analysts have stated that Dogecoin is expected to return to its peak and continue its upward surge in the coming year after experiencing a period of stagnation. The question is, when will this 'dog' break through the $1 barrier? This is a goal that many investors dream of!
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 forecast suggesting that Dogecoin will far exceed $1.
This year, Dogecoin has risen by 350%. This aligns with the upgrades in 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 could further drive the asset's development. To reach $1, Dogecoin needs to increase by at least 150% from its current price level.
According to CoinCodex data, this meme coin is expected to hit a new high next year. Dogecoin is projected to reach a peak of $1.12794 in 2025. We have some interesting predictions about the future of Dogecoin!
According to the latest report from leading on-chain metrics and analytics company Digital Coin Price, Dogecoin is expected to break through the $1.3 barrier by the end of 2025 to early 2026. They are optimistic about the prospects of Dogecoin, predicting that by 2026, Dogecoin could even reach a new high of $1.48! This means that in the coming days, the average trading price of Dogecoin could be around $1.34, while the lowest price may be around $1.20. All of this indicates that despite market volatility, Dogecoin remains a worthy investment option.
