Dogecoin to $1? Here's What DOGE Founder Thinks
Dog-themed cryptocurrency Dogecoin (DOGE) is trading higher early Friday, rising for the fourth consecutive day since July 7. Bitcoin surged to a new all-time high as investors piled into risk assets and closed short bets. Dogecoin joined the rise, increasing by nearly 12%.
At press time, Dogecoin was up 11% in the last 24 hours to $0.1998 and up 20% weekly. Dogecoin trading volume has surged 37% in that time frame, reaching $2.44 billion per CoinMarketCap data.
According to analysts, DOGE appears to be poised for a breakout. Bullish technical patterns, like a multi-year cup-and-handle and triple bottom, coincide with an increase in institutional whale accumulation.
Eyes are on where Dogecoin trends next, with targets on the daily SMA 200 at $0.224 in the short term and further on at $0.40 if the rally continues.
Dogecoin continues to attract attention, with discussion regarding whether it could ever hit $1. At current prices, a surge to $1 would mark a 426% increase — somewhat lofty given Dogecoin's momentum in this current cycle.
Dogecoin to $1?
Will Dogecoin reach $1? One of the coin's creators has weighed in.
FAQ
— Shibetoshi Nakamoto (@BillyM2k) July 10, 2025
Q: why is bitcoin going up?
A: i don’t know
Q: will dogecoin hit $1?
A: i don’t know
Q: which cryptocurrency should i buy?
A: whatever you want to buy
hope this helps
In a recent post on X, Dogecoin cofounder Billy Markus, also known as "Shibetoshi Nakamoto," aimed to answer crypto's frequently asked questions (FAQs), like "why is bitcoin going up?" and "will dogecoin hit $1? And which cryptocurrency should I buy?"
Markus answered "I don't know" to the first two questions, including "will Dogecoin hit $1?" and to the final one, "whatever you want to buy." The response "I don't know" highlights the element of the crypto market's volatility, where past results do not guarantee future outcomes.
Given his characteristic humor and approach to topics in the crypto space, the Dogecoin cofounder's tweet was most likely intended to be playful.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is $1.15 the Key Resistance Level for Ondo Finance ($ONDO) as RWA Adoption Accelerates?
- Ondo Finance ($ONDO) faces critical $1.15 resistance, with technical patterns and RWA adoption signaling potential parabolic growth. - Strong fundamentals include $1.3B in tokenized assets, 43% market share in RWA sector, and institutional partnerships with BlackRock/JPMorgan. - Technical indicators show bullish divergence (RSI), descending triangle pattern, and growing holder confidence despite volume uncertainty. - Breakout risks include 2026 token unlock (2.57B tokens) and market volatility, but succe
Structured Presales: The New Altseason Frontier as Institutional Adoption Reshapes Altcoin Investment
- 2025 altcoin market sees institutional shift to structured presales with deflationary mechanics, real-world utility, and regulatory clarity. - Projects like BullZilla ($BZIL) use progressive pricing and 70% APY staking to reduce supply, while MAGACOIN FINANCE raises $12.8M via 12% transaction burns. - U.S. GENIUS Act and EU MiCA stabilize markets, enabling $17.19B Ethereum ETF inflows and institutional adoption of compliant projects like BlockchainFX (BFX). - Institutions diversify portfolios by allocati
VET Coin’s Hayabusa Upgrade and Ethereum ETF Momentum: A Dual Catalyst for 2025 Growth
- VeChain’s Hayabusa upgrade shifts to DPoS, introduces tiered staking to boost decentralization and reduce inflation, positioning VET as an enterprise-focused utility token. - Ethereum’s ETF approval drives $28.8B institutional inflows, leveraging 4.8% staking yields and deflationary supply to solidify its role as a foundational infrastructure asset. - Strategic allocations combine Ethereum’s yield stability with VET’s growth potential, reflecting institutional demand for regulated, utility-driven crypto
Navigating Crypto Volatility: Strategic Entry Points Amid Macro Uncertainty
- -2025 crypto correction driven by macroeconomic fragility and regulatory ambiguity sees Bitcoin drop 7% weekly amid Fed rate uncertainty and Trump-era tariff fears. - -Investors leverage technical analysis (RSI, on-chain metrics), diversification across DeFi/privacy coins, and dollar-cost averaging to mitigate volatility and capture long-term gains. - -Institutional adoption of Bitcoin as treasury asset (MicroStrategy, DBS) and structural supply constraints (700k new BTC over 6 years) reinforce long-term
Trending news
MoreCrypto prices
More
