- Technical indicators show a bullish alignment: Price stabilizes above the 20-day moving average, with Bollinger Bands expanding
- Regulatory positive: Grayscale's DOGE spot ETF application triggers institutional allocation demand
- On-chain data shows whales continue to accumulate, with liquidity supply tightening
DOGE Price Prediction
DOGE Technical Analysis: Short-term Bullish Signals Emerge
According to BTCC financial analyst Mia's technical analysis, DOGE's current price of 0.23337 USDT has broken through the 20-day moving average of 0.220309, forming a golden cross. Although the MACD indicator is still in negative territory (-0.00805), the converging histogram indicates weakening downward momentum. The Bollinger Bands channel is expanding (upper band 0.250181/lower band 0.190437), with the price running near the upper band, potentially testing the 0.25 resistance level in the short term.
Grayscale's DOGE Spot ETF Application Ignites Market Enthusiasm
BTCC analyst Mia points out that Grayscale's submission of a Dogecoin spot ETF application significantly improves market sentiment. The SEC will make a decision by mid-October 2025, and combined with on-chain data showing continuous whale accumulation, institutional demand may drive DOGE to break through the $1 mark. This regulatory progress is viewed as a crucial milestone in cryptocurrency mainstreaming.
Factors Affecting DOGE Price
Grayscale Investments Applies for Dogecoin Spot ETF, Institutional Interest Continues to Warm Up
Grayscale Investments has submitted a Dogecoin spot ETF application, with the ticker GDOG, which could be a key moment for meme coins entering traditional finance. This move follows the company's successful conversion of its Bitcoin and Ethereum trusts to ETFs, with plans to list the proposed Dogecoin ETF on NYSE Arca.
Since the application was submitted, Dogecoin price has risen 2%, with broader implications behind this slight increase. Competitive ETF proposals from REX-Osprey and Bitwise show increasing institutional momentum, with Polymarket predicting a 75% chance of SEC approval this year.
Market analysts expect ETF approval could legitimize Dogecoin for institutional investors, potentially releasing significant liquidity and catalyzing a new price surge. Traders are now focusing on Maxi DOGE ($MAXI), a new presale token positioned as a leverage investment tool for the Dogecoin ecosystem.
Dogecoin Price Prediction: Whales Continue Accumulation, $1 Target May Be Too Conservative
Dogecoin market momentum is accelerating, with whale addresses recently accumulating over 1 billion DOGE (worth $200 million). This meme coin has formed its first golden cross since 2024 and maintained the $0.24 level, with technical indicators suggesting a potential move to $0.295, with some analysts believing the 2025 $1 forecast may underestimate its potential.
Technical charts show striking similarities to previous bull market cycles—Dogecoin created 8,211% and 2,228% gains in previous bull runs. Wallets currently holding 100 million to 1 billion DOGE are repeating accumulation patterns seen before historical breakouts, with speculation of reaching $0.70-1.00 by late 2025.
As ETF narratives spark institutional interest, emerging payment-focused tokens like Remittix (RTX) are attracting funds with potential for higher returns. Market participants are currently divided between established meme coins and low-market-cap new projects.
Grayscale Submits Dogecoin Spot ETF S-1 Filing, SEC Expected to Decide by Mid-October 2025
Grayscale has officially submitted the S-1 registration statement for a Dogecoin spot ETF to the SEC, marking a crucial step towards potential approval. The trust fund uses a Delaware Statutory Trust structure, aiming to provide investors indirect exposure to DOGE without directly holding the token.
The SEC review window will continue until 240 days after NYSE submits the 19-4b filing in February 2025. If approved, Dogecoin would join Bitcoin and Ethereum as a mainstream investment tool, potentially further driving meme coin market adoption.
What Will DOGE's Trend Be in the Next 10 Years?
Based on BTCC financial analyst Mia's ten-year cycle prediction, DOGE may develop in three stages:
Stage | Time Range | Price Range | Driving Factors |
---|---|---|---|
Institutionalization | 2025-2027 | $0.5-1.2 | Spot ETF approval, payment scenario expansion |
Ecosystem Expansion | 2028-2030 | $1.5-3 | Doge-ETH bridging, smart contract upgrades |
Value Storage | 2031-2035 | $3-5 | Deflationary mechanism activation, global payment network |
Note that meme coin characteristics may amplify volatility, and it is recommended to diversify risk with mainstream coins like BTC.