Dogecoin Price Prediction: Forget $1 DOGE, The Experts Think $3 Is On The Cards In 2025
The post Dogecoin Price Prediction: Forget $1 DOGE, The Experts Think $3 Is On The Cards In 2025 appeared on BitcoinEthereumNews.com.
The Dogecoin price prediction has recently taken a significant bullish turn after a strong breakout pushed DOGE from under $0.17 to a peak just above $0.249. This surge returned a 36% gain within a week, but according to network activity and on-chain metrics, analysts are now tracking signals that suggest an interesting twist. Experts believe DOGE is on a path to surpassing the $1 milestone to reach $3 before the end of this bullish cycle. This bold Dogecoin price prediction is based on smart money footprints, institutional interest, and technical indicators. Let’s delve deeper! Dogecoin’s strategic whale accumulation signals a major breakout In May, renowned analyst Ali Martinez revealed that whales snapped up over 600 million DOGEin just 48 hours. This accumulation, captured in on-chain data from Santiment, reflects heightened activity among wallets holding between 100 million and 1 billion DOGE. Source: Ali Martinez on X Historically, whale accumulation of such magnitude is often a precursor for major price rallies, as it often indicates confidence among large investors. The timing of this accumulation aligns closely with Dogecoin’s growing on-chain metrics despite the slight retracement in its price. Divergence between the Dogecoin price and on-chain metrics points to a bull run The Dogecoin on-chain metrics have been hitting all-time highs since the beginning of 2025, even when its price was steadfast to the bearish momentum in the market. Recently, Glassnode, an on-chain and financial insight provider, spotted the divergence occurring between Dogecoin’sspot price and futures interest. Source: Glassnode on X Typically, DOGE’s spot price movements align closely with speculative activity in futures markets. However, Dogecoin open interest continued to increase, from $989 million to $1.62 billion in May, even after the price pulled back. This positive growth indicates persistent speculative positioning, a setup the analytic platform believes is worth monitoring. Dogecoin…
Filed under: News - @ May 17, 2025 11:27 pm