Dogecoin is back in the spotlight as the meme coin market is making a comeback. The most popular dog-themed meme coin’s price is back above the $0.17 resistance price level after several weeks of decline. Dogecoin (DOGE) is up 14.5% over the past week, reclaiming base amid a wider meme coin rally fueled by investors’ renewed appetite for risk-on assets. The boom has left meme coin enthusiasts feeling more optimistic after a weeks-long plunge, although industry experts believe that the market’s future is unpredictable. They assume the meme coins, which are based on pop culture and news events and are more volatile than other tokens, will change and that investors will have to adapt.
This article is written with the objective of providing details about the current market performance of Dogecoin, the reason for the recent surge in its price, what’s next for Dogecoin, and at the end, a price prediction table of Dogecoin.
Dogecoin’s Current Market Metrics
Dogecoin’s price has surged by 4.55% in the past 24 hours, with its value up by 13.74% in the past week. At the time of writing this article, $DOGE is priced at $0.19 with a 24-hour trading volume of $1.53 billion. However, the popular meme coin is still trading 74% below its all-time high of $0.74. The circulating supply of Dogecoin is valued at 148.58 billion DOGE, with a market capitalization of $28.41 billion.
Tokenomics
- Current Price: $0.1910
- Market Capitalization: $24.41 billion
- 24-hour Trading Volume: $1.5 billion
- Total Supply: 148.58 billion DOGE
- Circulating Supply: 148.58 billion DOGE
Why is Dogecoin’s Price increasing?
In a recent press conference, U.S. President Donald Trump mentioned that he would give many countries a break on reciprocal tariffs, a decision that could cool down the trade wars and provide a bullish outlook for the cryptocurrency market. As a result, investors are once more looking to place large bets on major tokens, including $DOGE, which has caused a bullish trend and contributed to the meme coin’s recent increase.
Bitcoin’s (BTC) recent surge to $88,500 is another reason for an uptick in DOGE’s price. The flagship cryptocurrency and the most popular meme coin have a strong positive price link. As such, DOGE is bound to rally as BTC reaches new highs. Due to Bitcoin’s surge, the perspective in the broader crypto market is bullish, and DOGE is also benefiting from it.
During these events, whales are also aggressively accumulating DOGE, which has helped to drive up the price of Dogecoin. Last week, these whales purchased more than 120 million DOGE. Recently, House of Doge– the corporate arm of the Dogecoin Foundation- purchased 10 million DOGE worth $1.97 million for its strategic reserve.
What’s Next in Store for Dogecoin?
The price of Dogecoin while writing this article sits at $0.19, gaining 5.69% in the past 24 hours. The cryptocurrency briefly touched $0.1887 on March 24, 2025, approaching what many analysts consider a key resistance level. Several analysts on the social media platform X have noted the $0.18-$0.19 range as a crucial price zone. A move above this level could start a strong upward trend, as per some experts.
According to the “World of Charts,” an account on X, a downward trendline that has served as resistance for several months is being tasted by Dogecoin. A breakthrough might propel DOGE toward $0.34 and cause a price spike of up to 100%. This surge in performance points to growing investor interest in the eighth-largest cryptocurrency by market cap.
Yet, not all analysts have this similar optimistic outlook. Some assume a bearish trend is forming on DOGE’s price chart, which could signal a potential 30% decline. This bearish scenario could result in DOGE’s value falling to around $0.11.
Short-Term Price Prediction of DOGE
The current market sentiment for DOGE is “Bearish,” with its Fear and Greed Index rating of 46, indicating “Fear”.
Below is a table representing the prices at which DOGE is expected to trade through the rest of 2025. These values are based on the token’s current market value and could change depending on the market conditions.
| Month | Min. Price | Avg. Price | Max. Price | Potential ROI |
|---|---|---|---|---|
| Mar 2025 | $ 0.195029 | $ 0.522352 | $ 0.855889 | 343.39% |
| Apr 2025 | $ 0.442041 | $ 0.526085 | $ 0.695727 | 260.42% |
| May 2025 | $ 0.323721 | $ 0.389913 | $ 0.468483 | 142.69% |
| Jun 2025 | $ 0.292816 | $ 0.33299 | $ 0.398754 | 106.57% |
| Jul 2025 | $ 0.380703 | $ 0.431422 | $ 0.471804 | 144.41% |
| Aug 2025 | $ 0.327291 | $ 0.358991 | $ 0.387114 | 100.54% |
| Sep 2025 | $ 0.356938 | $ 0.392436 | $ 0.429931 | 122.72% |
| Oct 2025 | $ 0.292989 | $ 0.346629 | $ 0.401059 | 107.77% |
| Nov 2025 | $ 0.273815 | $ 0.296472 | $ 0.316982 | 64.21% |
| Dec 2025 | $ 0.269512 | $ 0.282793 | $ 0.309282 | 60.22% |
In 2025, DOGE is expected to trade at a peak price of $0.855 and a low price of $0.195, while the average trading price for the token is expected to be $0.388. Considering its current market price, the potential Return On Investment (ROI) from DOGE this year is assumed to be in the range of 343.56%.
Concluding Remarks
With market sentiment increasing and the price of Dogecoin breaking over $0.17, there is a good chance that it will continue to rise. Analysts are predicting that its price could hit a new all-time high of $4.5 or even go as high as $14 this year if bullish variables currently brewing in the market persist. But as history demonstrates, meme coins are quite erratic, so it would be crucial to keep an eye on resistance levels and overall market activity to determine success or failure. The journey may just be getting started for those who are wagering that Dogecoin will make its next major leap.
This article is to provide details about the current market performance of Dogecoin; do not use this as financial advice for trading. If you want to indulge in crypto investments, it is highly recommended that you do proper due diligence diligence and seek feedback from professional financial advisors.