"Is the impact of DOGE ( on 1 dollar hopeless? Three major pitfalls exposed! Can the 2025 comeback script be staged?"


Can DOGE rise to 1 dollar? Whether the dream can come true in 2025 depends on these points!
Dogecoin is on fire again! Since the end of last year, it has skyrocketed, from $0.11 to $0.46 in a few weeks. At present, the community sentiment is high, and many people are beginning to hope: can Dogecoin soar to the sky and exceed $1 in 2025?
But the ideal is rich, while reality is full of challenges. Analysts agree that DOGE is still full of thorns on its way to challenge 1 dollar.
Behind the Surge: DOGE Faces Three Major Hurdles
The token mechanism is the biggest flaw.
Cryptocurrency analysts point out that the biggest difference between DOGE and Bitcoin is that it has no supply cap and can be issued infinitely like fiat currency. This means that price increases are difficult to sustain, and the risk of inflation always looms overhead.
Community low-cost positions + high selling pressure
Most holders entered when the price of DOGE was extremely low, so once the price approaches $1, the selling pressure increases sharply, which in turn suppresses the price and creates upward resistance.
Musk remains silent, and the hype has significantly decreased.
Once, Elon Musk's tweet propelled DOGE, but now he remains almost silent on DOGE. Analysts point out that this "fall from grace" is weakening the market attention and speculative momentum of DOGE.
Is there still a chance for DOGE? These few catalysts are worth paying attention to!
Although the road ahead is difficult, there is still a chance for DOGE to break through, and the key depends on whether several major positive factors materialize:
If the spot DOGE ETF is approved, it will be a super catalyst!
Several asset management companies, including Bitwise and Grayscale, have submitted applications for a DOGE spot ETF. If the SEC ultimately approves it in 2025, it will undoubtedly bring institutional-level funds into DOGE, and the price is expected to be rapidly boosted. Currently, Polymarket predicts that the probability of ETF approval has risen to 69%, and the market is highly anticipating it.
The implementation of payment applications enhances the practicality of DOGE.
Platforms like Tesla and Twitch already support payments using DOGE. If more mainstream platforms join in the future, DOGE will shake off its "pure speculation" label and build a long-term value support.
On-chain activity is rising, which may help prices soar.
As the popularity of the DOGE network continues to increase, its utility is also being gradually explored, which will provide more momentum for price increases.
Technical indicators show signs of recovery: Is a short-term rebound on the way?
Although the long-term trend remains unclear, there is a clear buy signal for DOGE on the 4-hour candlestick chart from a technical perspective:
MACD Golden Cross: DOGE has rebounded from months low, and the MACD line has broken above the signal line, releasing a clear bullish signal.
AO histogram divergence: Bullish momentum begins to accumulate, if it can break through the Fibonacci resistance level of 0.18 USD, it is expected to further target 0.22 USD.
In summary:
For DOGE to achieve the goal of 1 dollar by 2025, it must rely on solid application implementation + ETF approval to drive market consensus.
Without core positive news being realized, this target is very likely just a "community dream";
In the short term, the technical indicators support a continued rebound, but whether it can go far still requires fundamental support.
For investors, short-term opportunities can be found in technical aspects; however, to hold long-term, it's essential to closely monitor the progress of those key catalytic factors!
)
DOGE-0,92%
BTC-0,19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)