Since last Wednesday, when Donald Trump’s victory in the United States was announced, the price of Dogecoin has maintained a good pace. The most important of the memecoins is one of the favorites for the retail sector in that country. The latter is related to Elon Musk’s role as a dog coin enthusiast.
In this way, all the positive events of recent days are capitalized in DOGE and hence its performance is outstanding. However, coin enthusiasts consider that there is still a long way to go in the advancement of the token’s price.
Some analysts are even convinced that the next price floor for the token will be $3.5 per coin. For others, the long-standing goal of reaching parity with the US dollar is presented as the main barrier that DOGE will test in the coming months.
As you can see, in any circumstance, the potential for an increase in the price of Dogecoin is presented as one of great dimensions. At the time of writing this note, the price of the coin is $0.2055, according to data from the CoinMarketCap site. This represents a performance of +4.18% in 24 hours and almost +31% in 7 days.
According to community expectations, the DOGE price at $0.2 is just in the early stages of a larger rally. Source: CoinMarketCap
Dogecoin price rally is just beginning
As already mentioned, for analysts and the DOGE community, the price of the token is just beginning its upward trajectory. The year-on-year increase of more than +170% does not seem to worry the bulls, who consider that next 2025 the performance could have dimensions never seen before.
According to data from the Changelly portal (technical analysis), in the next 30 days, the price of the currency will not present any major changes. By October 2025, they suggest the price will be $0.32. As you can see, this is a very lukewarm prediction compared to user expectations.
Meanwhile, the CoinCodex portal points out a forecast similar to that of Changelly, which implies that the technical analysis indicators are going the same way. However, one should not lose sight of the fact that forecasts supported by technical analysis are based on past behavior.
The latter means that any news event could completely alter these predictions. As expected, next 2025 will be full of these types of fundamental events. Thus, the most optimistic forecasts for the price of Dogecoin are presented as the most likely, considering the environment in the United States.
Crypto regulation and the probable inclusion of Dogecoin and other currencies among payment methods in different sectors could boost its adoption.
Disclaimer: This work is for informational purposes only and should under no circumstances be taken as an invitation or investment advice. Cryptocurrencies are highly volatile assets and placing capital in them can lead to total losses.
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