Dogecoin celebrates its 12th anniversary amid technical uncertainty — here are the latest updates:

12th Anniversary and ETF Talks (December 7, 2025) — DOGE marks 12 years during a bear market, with growing interest in ETFs and leaked code hinting at Tesla payments.
Descending Triangle Hints at Upside (December 7, 2025) — Technical analysis points to a $0.40 target if support holds in the $0.135–$0.14 range.
Network Activity Surges (December 7, 2025) — The number of active addresses hit a 3-month high, but price remains below $0.14.

Details

1. 12th Anniversary and ETF Talks (December 7, 2025)

Overview:
Dogecoin celebrated its 12th anniversary on December 7, 2025, trading at $0.139 (which is 69% below its 2021 peak). Despite weak market sentiment, institutional interest is rising:

Hints of DOGE payment integration for Model 3 and Cybertruck found in Tesla’s website code.
Launch of the Dogecoin ETF from Grayscale ($GDOG) with first-day volume of $1.4 million, indicating regulatory recognition.

What it means:
The anniversary highlights DOGE’s resilience, but modest ETF volumes show institutional investors are still cautious. Rumors of Tesla accepting DOGE could revive retail interest, but the price remains tied to overall market conditions.

2. Descending Triangle Hints at Upside (December 7, 2025)

Overview:
Analysts have identified a descending triangle pattern on DOGE’s two-day chart, with support in the $0.135–$0.14 range. A breakout above the descending trendline (around $0.25) could lead to a move towards $0.40, based on historical trends.

What it means:
While the technical setup looks bullish, DOGE faces significant resistance at $0.1409. Recent rejections at this level with volumes of 333 million DOGE indicate strong selling pressure. Traders are waiting for a confident close above $0.14.

3. Network Activity Surges (December 7, 2025)

Overview:
The number of active DOGE addresses rose to 71,589 — the highest since September, while major holders (whales) accumulated 480 million DOGE from December 2 to 4. Nevertheless, the price remains in a tight $0.1393–$0.1400 range.

What it means:
The disconnect between rising network activity and stable price suggests an accumulation phase. A breakout above $0.142 or a drop below $0.138 could determine the next move.
(CoinDesk)

Conclusion

Dogecoin’s 12-year journey demonstrates the memecoin’s resilience, but caution around ETFs and technical resistance are capping upside potential. Keep a close eye on the $0.14 level: holding it could spark a rally led by large players, while a breakdown may test $0.13. Will the rumored DOGE integration with Tesla help shift its reputation from “meme” to “utility”?