Analysts Increasingly Predict Dogecoin to $1 in 2025
The post Analysts Increasingly Predict Dogecoin to $1 in 2025 appeared on BitcoinEthereumNews.com.
While AI agents have stolen the spotlight in recent weeks, DOGE is grabbing attention again thanks to a confluence of whale activity, fresh futures market records, and ambitious 2025 price targets that circle the fabled $1 mark. Here’s everything you need to know about Dogecoin. Data from multiple sources confirms an uptick in transactions worth above $100,000 this past weekend—often a signal that wealthy and influential market participants have plans in the works. These Dogecoin whales appear to be positioning themselves ahead of a bigger move for DOGE, potentially catapulting prices closer to the much-hyped $1 threshold later in 2025. January’s Historical Edge Historically, January ranks as DOGE’s best-performing month. On average, DOGE has surged 85% in January. Though the median bump stands at around 5%, there have been notable outliers: gains of 250% in 2014 and 700% in 2021. October is the only month that outdoes January’s median with an 8% return, underscoring that DOGE’s most explosive moves often appear out of nowhere. A major catalyst for this January is the Trump inauguration on January 20, a potentially explosive trigger for a Dogecoin price surge. Futures Market Hits Record On Monday, the futures market for DOGE hit fresh highs in open interest, climbing to 10.35 billion DOGE from 7.50 billion DOGE over the weekend. According to CoinGlass data, this surge surpasses the previous open interest peak of 10 billion DOGE set back in March 2024.Open interest measures how many derivative contracts (like futures or options) remain unsettled. A jump often signals new capital flowing into the market—an important tell for either confirming price direction or foreshadowing volatility on the horizon. Doge to $1 in 2025 From a longer-term perspective, some traders and analysts expect DOGE to finally achieve the meme milestone of $1 in 2025, eclipsing its lifetime peak…
Filed under: News - @ January 10, 2025 2:27 am