Why Dogecoin (DOGE) Price is Surging Today?

Dogecoin, the internet’s favorite memecoin, is surging while the overall crypto market is trading in red due to the profit taking by investors. Dogecoin , which is clinging to its spot as the 8th largest cryptocurrency by value, is up by 6% in the last 24 hours and is now trading around $0.25, a jump from $0.20 just a week ago. 

But why is Dogecoin price surging today?

Why Is Dogecoin Pumping?

One key factor is the recent passage of the Genius Act in the U.S. House of Representatives. The new crypto bill offers clearer rules for digital assets, boosting confidence in the industry. 

Instead of slowing growth, these clearer guidelines may encourage broader adoption of cryptocurrencies like Dogecoin.

Another big reason is the growing hype around meme coins. July alone has seen $17 billion flow into meme tokens, with DOGE leading the pack. Its strong brand recognition and deep liquidity make it the first choice for traders looking to ride the meme coin wave.

Tech Upgrades and Whale Activity

In addition to this, the recent Dogecoin’s partnership with Solana through Wormhole’s ZK bridge is another major boost. This integration allows DOGE to be used in decentralized finance (DeFi) applications and NFTs, expanding its use far beyond memes and tipping.

At the same time, whales are loading up on DOGE. Data from Ali Martinez shows that large investors bought over 1 billion DOGE (worth about $250 million) in just 48 hours. 

Adding to the excitement, Bit Origin recently announced a $500 million fund to build its Dogecoin treasury.

DOGE Price Prediction

However, crypto analysts Ali Martinez believe DOGE could soon test resistance at $0.27. If it breaks and holds above this level, targets of $0.30–$0.36 become possible, with some even predicting $0.50+ if momentum continues. 

As Dogecoin overcomes the $0.20 resistance barrier, the next key hurdle to watch is $0.36!

For now, Indicators like RSI and MACD remain bullish without showing extreme blow‑off conditions. Breakouts through prior resistance attracted momentum traders, adding a second wave of buys.

FAQs

What is Dogecoin’s price prediction for 2025?

DOGE may hit $1.07 by 2025, with a low of $0.62 and an average of $0.84, driven by market trends and adoption.

What is the highest Dogecoin can go by the end of 2030?

DOGE is projected to reach $2.50–$3.00 by 2030, averaging $2.75, fueled by utility and market optimism.

How much would the price of Dogecoin be in 2040?

DOGE could range from $14.22 to $25.02 in 2040, averaging $19.62, depending on adoption and market trends.

How much will the DOGE coin price be in 2050?

DOGE may soar to $54.99–$154.91 by 2050, averaging $104.95, driven by long-term utility and hype.