- Dogecoin could rise to $1, representing a 336% increase based on expert predictions.
- Over $50 million worth of Dogecoin ETF shares traded in minutes, signaling strong demand.
- Dogecoin’s recent surge in ETF interest could signal a shift toward crypto investment products.
A popular analyst has shared a bullish outlook for Dogecoin ($DOGE), projecting that the cryptocurrency could experience a major price increase. At the time of writing, Dogecoin’s price stands at $0.23827, but the analyst suggests that the coin may rise by as much as 336.74%, reaching a potential price of $1.04.
Such an increase would be a substantial rally for Dogecoin, especially considering its performance in 2025 thus far.
Despite initial skepticism surrounding Dogecoin’s future, the analyst remains confident in the coin’s path. Similar predictions in the past, such as the 170x surge in 2020, were met with disbelief but ultimately came true, cementing the analyst’s credibility.
Dogecoin ETFs Gain Strong Market Interest
The launch of 21Shares’ Spot $DOGE ETF ($TDOG) and the REX-Osprey Dogecoin ETF ($DOJE) has caught the attention of investors and analysts alike. Both ETFs saw a massive increase in trading volume immediately after launch, with over $50 million worth of shares changing hands within minutes.
The high trading volume is seen as an indicator of strong market interest in Dogecoin investment products. The assets under management (AUM) for the $TDOG ETF have already reached $4 million, further demonstrating the growing demand.
Analyst Confidence in Dogecoin’s Upward Trajectory
Despite some skepticism, the analyst behind the price projection for Dogecoin maintains a positive outlook. The forecasted $1 price target is rooted in technical analysis and trends observed in the cryptocurrency market.
With the launch of Dogecoin ETFs and the increasing interest in these investment vehicles, the analyst believes that Dogecoin could experience a major upward move. While some may still doubt the $1 target, Dogecoin’s past performance has proven the potential for significant price changes.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
