Tl; the Dr.
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Dogecoin has risen with a two -digit number in the last 14 days, driving bullish predictions from analysts who see potential for the future.
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The gathering of whales and the possible starting of the Spot Dog ETF confirmation in the US are two main bullish factors that could support long-term upside down, although the impact of recent purchases is still insignificant.
What does the future keep?
The biggest meme coin in market capitalization saw almost 15%over the last two weeks. It pumped up to $ 0.19 on April 26 before it reached the current $ 0.18 (Coinekecko data).
Numerous market watchers have recently noted positive performance, predicting the community stunning. X user trader Taredigrade required Doge have Completed $ 0.175 when overcome the price change, planning an increase of more than $ 0.20 in the following days.
Cryptobullet was also optimistic. Analyst believe OG MEME “COLLECTS A CLOCK CLOCK” and According to this pattern, we could witness the giant pump over the next few months. By the end of the year, they predicted a possible cycle of over $ 3.20 and then to the current level of the next decline by 2027.
Cryptopatel appears to be Among the largest bulls. Technical analyst disputed This doge has bounced from $ 0.169 from a long -term support zone and could now be ready for a massive rally up to $ 32.
Of course, that kind of The price explosion seems very unrealistic at this stage as it would require more than $ 4 trillion dollars of Dogecoin's market capitalization. By comparison the entire crypto -sector be Currently appreciated slightly above 3 trillion dollars.
Bullish factors
One element that can positively influence the assessment of the memo coin is the action of whales. X User Ali Martinez exposed that large investors (those with a million to ten million dogs) have accumulated 100 million chips over the past week.
Whales now have over 10.5 billion doge, which accounts for about 7% a circulating offer of assetsTo.
Such accumulations are usually monitored by smaller players and can also encourage them to jump on the wagon. Buying Doge signs also reduces the offer of property in the open market thatTo do, in combination with non -mixed demandcould cause price increasesTo. But in this particular case shovel up The amount (worth less than $ 20 million) seems irrelevant to move this type of scenario.
Another factor worth investigating is the Spot Dog ETF possible approval in the United States. An investment vehicle would be offer investors A simple and adjusted way to get in touch with the meme coin.
A lot like When buying traditional shares, the Spot ETF would be available through authorized brokerage accounts. Investors would have the funds of the fund, while the fund itself would buy and preserve the actual cryptocurrency to support their participations.
Companies The competition to bring such a product to the market is 21shares, Bitwise and others. At the beginning of this month 21shares submitted SEC for approval by calling the Coinbase Custody Fund. Just a few days ago nasdaq submitted form with a regulatorTo do, Proposal to list and trade ETF of 21shares Dogecoin ETF.
After this development opportunities before the end of 2025 climbing To 75% (according to Polymarket).
Post Interesting Dogecoin (DOGE) Price forecasts: New ATH Road? first appeared in Cryptopotato.
