The post Dogecoin price prediction for May 2025 appeared on BitcoinEthereumNews.com.

DOGE, the most well-known meme coin, has been in the spotlight for over a decade with its unpredictable price swings — and April 2025 was no different. Although the token gained 2.5% compared to March, it’s currently seeing a slight decline. So, what could May bring for Dogecoin (DOGE)? Will the trend shift again, or is a slowdown likely to continue? Here’s what we know in our Dogecoin price prediction for May 2025. What is DOGE? Dogecoin was launched in 2013, originally inspired by the viral Shiba Inu meme, but it quickly gained traction as a serious cryptocurrency. Over the years, it has built a dedicated global community and attracted attention from major public figures like Elon Musk. Technically, Dogecoin runs on a Litecoin-based codebase and uses the Scrypt algorithm, enabling faster and cheaper transactions than Bitcoin. One key characteristic is its unlimited supply — new coins can be mined without a cap, which makes it an inflationary digital asset rather than a deflationary one. What factors could shape Dogecoin price prediction for May 2025? Is Dogecoin a good investment? DOGE price factors for May Nasdaq has officially taken a big step toward making DOGE more accessible by applying to the U.S. SEC for the first-ever 21Shares Spot Dogecoin ETF in April 2025. If it gets approved, investors would be able to invest in Dogecoin without the need for crypto wallets. Such approval could significantly influence Dogecoin’s price by introducing new demand from both institutional and retail investors who previously stayed away from crypto due to complexity or regulatory concerns. The added credibility and accessibility from a regulated ETF could drive up investor confidence, increase liquidity, and potentially lead to upward price momentum — particularly if launched during a favorable market cycle or crypto bull run. Dogecoin crypto price prediction:…

---

Filed under: News - @ May 1, 2025 4:26 pm