Most meme coins are recording double-digit gains over the past 30 days, and Dogecoin (DOGE), the sector’s leading token, is flashing positive signals that could extend the rally.

Beyond DOGE’s strong technical outlook, Bit Origin, a Singapore-based firm, decided to establish a corporate Dogecoin treasury, which could mark a pivotal moment for the leading meme coin. 

Fueled by institutional adoption and renewed investor interest in altcoins, DOGE’s push to a new all-time high (ATH) appears to be around the corner.

Meanwhile, emerging meme coin TOKEN6900 is also gaining traction as meme coin prices rise, with its recently-launched presale rising past the $700,000 milestone. 

Bit Origin Positions for DOGE’s Potential X Money Integration

Bit Origin started as a company focused on cryptocurrency mining operations and blockchain technology development. It is now preparing to establish the first public Dogecoin reserve treasury on a major US exchange.

The company’s investment of $500 million, which it has already secured, could significantly contribute to Dogecoin’s already bullish outlook. 

Bit Origin’s CEO, Jiang Jinghai, believes DOGE is an “asset with a payments utility,” noting that few assets can rival its settlement speed and popularity. He also believes DOGE is a “natural fit” for X Money, Elon Musk’s upcoming payment method for X (Twitter).

If realized, Dogecoin’s integration into payment systems such as X Money could significantly boost its value. Although that remains to be seen, the token is already positively reacting to the bullish news and expectations.

Today, DOGE grew by 11.7%, bringing its gains over the past 30 days to 41.72%, reaching a price of $0.2399 and appearing ready to build on this momentum.

Its long/short ratio of 3.44 reveals that 77.47% of traders expect it to continue its upward trajectory in the short term, after its open interest grew by over 23% in the past 24 hours.

Additionally, its 50-day Simple Moving Average (SMA) of $0.182 remains above its 200-day SMA of $0.176. This crossover, called a Golden Cross, suggests DOGE’s upward momentum can continue.

Trader Mikybull anticipates a strong upward push for DOGE, expecting it to reach a new ATH at around $0.8 in early Q4 2025, which could position it for a move above $1 by year’s end.

Beyond a strong technical outlook, Bit Origin’s CEO believes DOGE “embodies a shared culture of optimism and resilience,” which helps it grow in “an age of broken institutions.”

Investor appetite for such tokens is best reflected by the performance of SPX6900 (SPX), an anti-S&P 500 meme token that delivered returns of over 70,963,000% since its inception after it recently hit a new ATH of $1.94.

Now, a similar meme token, TOKEN6900 (T6900), is making headlines in its presale, as it appears ready to follow in SPX’s footsteps and deliver outsized gains.

TOKEN6900 Returns to the Roots of Meme Coin Culture as Presale Heats Up

With tokens like DOGE and SPX leading the charge among the largest meme coins, the meme coin market grew by 43.75% over the past 30 days. The sector is now well-positioned for further growth, and the conditions seem perfect for TOKEN6900 to turn a successful presale into an explosive debut.

TOKEN6900 seeks to launch with no utility, which is precisely what helped tokens like DOGE and SPX thrive in their early days.

Instead, all it offers is memes and a sense of belonging to an anti-establishment community, which could quickly help it transform into a social movement.

Noting the similarities between T6900 and SPX, which has risen over 9,000% in a year, crypto analyst HotCuppaCrypto believes both tokens are set to explode in the current market conditions.

Expecting SPX to surge to $3, representing a 54% increase from its recent ATH, the expert believes T6900, currently priced at $0.006625 each, is a much more attractive investment.

The expert is convinced T6900 can significantly outperform tokens like DOGE and SPX, anticipating a 500x surge post-launch, as its low market cap leaves plenty of room for growth.

With over $680,000 already raised, the window to secure T6900 at a low price during its presale is rapidly closing as it approaches its $5 million hard cap.

Visit TOKEN6900 Presale

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Filed under: Bitcoin - @ July 18, 2025 7:30 pm