Meme coins are the current sensation in crypto platforms, offering a sense of humor along with a reward-providing protocol. The rising demand for meme coins increases their price. And the recent surge in Dogecoin price is creating another milestone in the meme coin industry. Will the rise in Dogecoin price affect other meme coins like Shiba Inu’s and Pepe’s growth?
Table of Content
- The rising popularity of Dogecoin
- Factors contributing to the Dogecoin price surge.
- Dogecoin price prediction for the year 2025.
- Will Shiba Inu and Pepe keep up the Dogecoin rally?
The Rising Popularity of Dogecoin
Dogecoin is an open-source peer-to-peer cryptocurrency with a logo featuring the Shiba Inu dog. Created as a joke for crypto enthusiasts, the light-hearted features and meme approach have made the coin a leading cryptocurrency.
The recent bullish growth with a trade price of $0.48 marks the highest of the year. Currently trading at $0.4154, with a market cap of $61.65 billion, Dogecoin surpasses leading meme coins like Shiba Inu and Pepe. Out of the total supply of 147.06 billion DOGE, 146.96 billion DOGE is circulating in the platform.
Factors Contributing To The Dogecoin Price Surge
Dogecoin is ranked fifth in the most traded cryptocurrencies in the last twenty-four hours (during writing). The blockchain-based currency offers faster and more reliable transactions with no maximum supply cap. Higher security, lower transaction fees, and a user-friendly approach to the platform have gained investors ’ attention. Does this feature contribute to the recent price surge, or there are other factors affecting the bullish drive? Let’s find out.
1. Donald Trump’s Victory
The win of Donald Trump in the recent election has significantly impacted the price of Dogecoin. Trump’s friendly approach to cryptocurrency has made people see the future of investing in cryptocurrencies. The victory tends to bring more liberal crypto regulations in the United States, increasing crypto investments and demand.
2. Elon Musk’s Heading to DOGE
Elon Musk’s head to DOGE has created a huge increase in demand for the coin. His consistent tweets about the coin, showing the potential to reach an all-time high influence the investors and the crypto market. Musk’s announcement of involvement in a government department even increased the price of the coin in the past twenty-four hours.
3. Social Media
Social media platforms like X, post tweets, memes, and investor’s discussion of the DOGE coin, which increases the demand for the coin and a price increase later on. Elon Musk, who refers to himself as Dogecoin’s father, tweets about the potential for DOGE coin in the coming years has significantly contributed to the price rise.
4. Meme Appeal
The meme appeal has created a large number of investors leading to the formation of a strong community in different social media platforms. The community conducts talks and programs to circulate knowledge on the DOGE coin. This increases the demand for the token, and an increase in demand increases the price.
Dogecoin Price Prediction For The Year 2025
Though the DOGE coin has remained a sluggish trend since the beginning of 2024, the recent election and Elon Musk’s appointment to head DOGE have drastically shifted the price momentum. Currently trading at $0.48, the existing sentiments and growing popularity can increase the price of the token even further in the coming year.
| Month | Min price | Avg price | Max price | Potential ROI |
| January | $ 0.388369 | $ 0.394811 | $ 0.398506 | 5.33% |
| February | $ 0.399468 | $ 0.589479 | $ 0.789021 | 87.51% |
| March | $ 0.688929 | $ 0.860447 | $ 1.146431 | 172.04% |
| April | $ 0.570256 | $ 0.696186 | $ 0.818483 | 94.06% |
| May | $ 0.534462 | $ 0.580225 | $ 0.637778 | 51.04% |
| June | $ 0.565913 | $ 0.644401 | $ 0.726786 | 72.18% |
| July | $ 0.580891 | $ 0.637041 | $ 0.694298 | 64.59% |
| August | $ 0.567579 | $ 0.60597 | $ 0.63387 | 50.29% |
| September | $ 0.597787 | $ 0.639718 | $ 0.67722 | 60.68% |
| October | $ 0.525102 | $ 0.553315 | $ 0.596169 | 41.36% |
| November | $ 0.504818 | $ 0.532638 | $ 0.556193 | 31.88% |
| December | $ 0.556193 | $ 0.503107 | $ 0.524388 | 24.25% |
The momentum that started at the end of December 2024 will continue to grow at the beginning of 2025. In January the average trading price is anticipated to be $.0395. In the following months, the price sees a significant increase with a maximum price of $0.789 in February and hitting a milestone of $1 in March. The first-quarter growth momentum diminishes in the second quarter, reaching a maximum price of $0.726 in June. The decline continues and reaches $0.524 at the end of December with a potential ROI of 24.25%.
Will Shiba Inu and Pepe Keep Up the Dogecoin Rally?
Shiba Inu and Pepe are the leading meme coins in the crypto market. The strong community and meme appeal contribute to their popularity. However, does both coins have the capability to surge like Dogecoin is a case of study.
Pepe
The ‘Pepe the Frog’ inspired meme coin, Pepe has created a sensation since its launch. Without holding any use cases, Pepe stands out among the rest offering a no-tax policy. By utilizing the burning mechanism in its network, Pepe creates scarcity to increase the demand and the price. Currently trading at $0.000021 with a market cap of $8.84 billion, Pepe is expecting a rising pattern, after a break out to reach potential heights.
Pepe Price Prediction For The Year 2025
| Month | Min price | Avg price | Max price | Potential ROI |
| January | $ 0.00006434 | $ 0.00008201 | $ 0.00009842 | 371.60% |
| February | $ 0.00005162 | $ 0.00006194 | $ 0.00007620 | 265.54% |
| March | $ 0.00006862 | $ 0.00007501 | $ 0.00008375 | 302.16% |
| April | $ 0.00005851 | $ 0.00006943 | $ 0.00007567 | 263.44% |
| May | $ 0.00004559 | $ 0.00005258 | $ 0.00005869 | 181.73% |
| June | $ 0.00004933 | $ 0.00005422 | $ 0.00005828 | 179.83% |
| July | $ 0.00003536 | $ 0.00004095 | $ 0.00005085 | 144.01 |
| August | $ 0.00003791 | $ 0.00004116 | $ 0.00004479 | 114.97% |
| September | $ 0.00003759 | $ 0.00004018 | $ 0.00004018 | 126.67% |
| October | $ 0.00004917 | $ 0.00005432 | $ 0.00005759 | 176.72% |
| November | $ 0.00004983 | $ 0.00005295 | $ 0.00005679 | 172.42% |
| December | $ 0.00005317 | $ 0.00005460 | $ 0.00005540 | 165.86% |
The start of 2025 is bullish for Pepe, with a maximum price of $0.00009842 in January. However, the price is anticipated to drop in the upcoming months with a potential ROI between 265.54% to 114.97%. After August, the price is likely to increase reaching a potential ROI of 172.42% in November.
Shiba Inu
Shiba Inu is a meme coin on the Ethereum Blockchain. Inspired by the current surging Dogecoin, Shiba Inu offers utility and development. The community-driven coin allows storage and exchange. Currently trading at $0.000028 with a market cap of 17.8 billion, Shiba Inu is showing a rising pattern, signifying potential for new heights in the coming years.
Shiba Inu Price Prediction For The Year 2025
| Month | Min price | Avg price | Max price | Potential ROI |
| Janauary | $ 0.00002642 | $ 0.00002856 | $ 0.00003153 | 3.13% |
| February | $ 0.00002630 | $ 0.00002841 | $ 0.00003016 | 0.98% |
| March | $ 0.00002653 | $ 0.00002793 | $ 0.00003024 | 0.79% |
| April | $ 0.00002688 | $ 0.00002791 | $ 0.00002942 | 3.54% |
| May | $ 0.00002766 | $ 0.00003804 | $ 0.00005911 | 93.79% |
| June | $ 0.00005391 | $ 0.00008612 | $ 0.000119 | 289.92% |
| July | $ 0.00006731 | $ 0.00008008 | $ 0.00009295 | 204.35% |
| August | $ 0.00006120 | $ 0.00006636 | $ 0.00007166 | 134.46% |
| September | $ 0.00004720 | $ 0.00005458 | $ 0.00006210 | 103.16% |
| October | $ 0.00004684 | $ 0.00005556 | $ 0.00006335 | 107.26% |
| November | $ 0.00004847 | $ 0.00005104 | $ 0.00005507 | 80.81% |
| December | $ 0.00005125 | $ 0.00005398 | $ 0.00005635 | January |
In 2025, Shiba Inu is expected to trade an average of $0.00004988 through the year. The maximum price of $0.000119 is anticipated in June and the lowest price is expected in February at $0.00003024.
Final Thoughts
The Dogecoin price surge is creating a new Altcoin season in the Crypto Market, the decline in the price of Bitcoin and the increasing popularity of meme coin showcases the upcoming trend. However, meme coins like Shiba Inu and Pepe are not likely to show a significant growth rate in the coming years.