Experts Say Dogecoin Could Soar Soon – Reaching $1 May Just Be a Matter of Time

Dogecoin Analysts Predict Rally to $1 Despite Current Drop

Crypto analysts believe Dogecoin (DOGE) could soon see a big rally, even though its price is currently falling. Right now, DOGE is trading near $0.235 and could retest the $0.20 level.

Predictions from Analysts

• Analyst Kaleo said on X (formerly Twitter) that Dogecoin will eventually “rip to new highs,” boosted by growing interest from companies holding DOGE in their treasuries and new ETFs. He advised traders not to ignore “the king of memes.”
• Analyst Mags also predicted that Dogecoin could reach $1. He argued that, with Elon Musk’s support, the original meme coin has the potential to triple in price this market cycle. According to him, this bull run will especially benefit meme coins, with DOGE leading the way.

Institutional Interest in DOGE

• CleanCore, led by Elon Musk’s lawyer Alex Spiro, already holds more than 600 million DOGE and plans to buy up to 1 billion coins.
• Recently, REX-Osprey launched the first Dogecoin ETF, which pushed DOGE above $0.30 before it later fell, showing a classic “sell the news” reaction. Since then, DOGE has dropped more than 12%, in line with the overall crypto market decline.

Other Bullish Views

• Analyst Javon Marks believes Dogecoin will at least reach its all-time high of $0.73, and could even push toward $1. Based on historical patterns, he expects a rally of around 195%.
• Analyst Kevin Capital pointed out that DOGE once surged 400% to $0.48 in a short time. He said patience is key in crypto, and suggested that buying during dips could lead to big profits.

Current Status
At the moment, Dogecoin trades around $0.235, down almost 2% in the last 24 hours, according to CoinMarketCap.