Category: Crypto News, News
Why Is Dogecoin Going Up Today? DOGE Price Predictions Eye Test of 5 Month Highs
Why is
Dogecoin (DOGE) price going up in July 2025? The meme cryptocurrency is
experiencing its most impressive rally in over a year, with institutional
adoption and market rotation driving unprecedented momentum.
Dogecoin has surged over 33% this week, reaching $0.27 as traders shift capital
from Bitcoin into promising altcoins.
According
to data from cryptocurrency exchange Binance, one DOGE is currently trading at
$0.27, the highest price since February and nearly a 100% jump from the June
lows around $0.14.
Just Dogecoin is now rising for the seventh consecutive session. Source: CoinMarketCap.com
yesterday (Sunday), DOGE surged by 13.5%. Although the price has slipped 0.8%
today (Monday), it continues to trade near its highest levels in nearly six
months.
Why is
Dogecoin rising today? We break it down in the next section.
Why Is Dogecoin Surging? Institutional
Money Fuels DOGE’s Breakout
The primary
driver behind Dogecoin’s recent surge is institutional investment. Trading
data reveals that institutional wallets accumulated over 1.08 billion DOGE
worth approximately $250 million during a 48-hour window ending July 21. This
represents a dramatic shift in corporate treasury strategies.
Dogecoin
trading volume exploded to 2.01 billion tokens on July 21, nearly tripling the
daily institutional average of 724 million. The breakout pushed DOGE from
$0.254 to an intraday peak of $0.277 before settling at $0.271.
You may also like: Why Dogecoin Price Is Surging? Breaking News and Price Predictions for July 2025
Altcoin Season Powers
Market Rotation
Dogecoin’s
price surge coincides with a broader altcoin rally as Bitcoin
dominance drops from 66% in June to 61.75%. This market rotation signals
early signs of an altcoin cycle heading into Q3 2025.
“Over
the past week, altcoins have shown signs of taking the spotlight, with Bitcoin
stalling just below recent all-time highs and capital rotating into broader
market plays,” said Enmanuel Cardozo, market analyst at Brickken.
The
shift benefits multiple cryptocurrencies beyond Dogecoin:
- Ethereum surged to $3,793, up 25%
weekly to its highest level since early 2022 - XRP climbed
4.1% to $3.55 - Solana added
6.6% reaching $189
Current
market data shows Dogecoin trading at $0.273, representing a 13% increase from
the previous day and an impressive 103% gain year-over-year.
ETF Speculation Drives
Momentum
ETF
speculation is adding significant fuel to Dogecoin’s rally. Prediction
markets show an 80% probability for Dogecoin ETF approval, following successful
launches of Ethereum and XRP exchange-traded products.
This
speculation builds on the success of existing cryptocurrency ETFs, which
continue attracting solid institutional inflows. The potential for a Dogecoin
ETF represents a major legitimization opportunity for the meme cryptocurrency.
Regulatory Clarity
Supports Growth
Legislative
developments continue shaping the altcoin trade environment. The GENIUS
Act, aimed at regulating stablecoins and clarifying digital asset taxation,
remains progressing through U.S. Congress despite a failed procedural vote.
“Ethereum
and other altcoins are surging due to institutional demand and friendly
legislative policies,” explained Eugene Cheung, chief commercial officer
at OSL. This regulatory momentum benefits the entire altcoin ecosystem,
including Dogecoin.
The CLARITY
Act could prove transformative for institutional adoption, potentially
eliminating legal uncertainty that has kept traditional financial institutions
on the sidelines. Such regulatory clarity would further support Dogecoin’s
institutional appeal.
Real-World Asset
Tokenization Impact
The real-world
asset (RWA) tokenization sector, now exceeding $24 billion in total
tokenized value, creates additional market momentum. Major financial
institutions like BlackRock and JPMorgan are actively exploring projects
tokenizing private credit, Treasuries, and real estate.
“Tokenized
assets are taking a meaningful share of DeFi TVL,” noted Cardozo. This
institutional theme supports broader cryptocurrency adoption and benefits
liquid tokens like Dogecoin.
The RWA
narrative demonstrates cryptocurrency’s evolving utility beyond speculative
trading, potentially attracting more conservative institutional investors
seeking portfolio diversification.
Dogecoin Technical
Analysis And $0.3 DOGE Price Prediction
Based on my
technical analysis, Dogecoin has finally broken out of the consolidation range
that has been forming since February, between $0.15 and $0.25. This breakout
opens the way for a potential move toward levels last seen at the turn of 2024
and 2025.
Seven
consecutive bullish sessions are certainly impressive, as is the test of the
highest price levels in five months. If DOGE holds above the $0.25 support
level, it could continue its move toward $0.30, where resistance is formed by
the December 2024 lows. The next resistance levels are at $0.40, January highs,
and then in the $0.45–$0.48 zone, which corresponds to the range observed in
November and December.
A rejection Technical analysis suggests that DOGE price can jump to $0.3. Source: Tradingview.com
of this more bullish scenario would be a return to the consolidation zone
marked in purple, specifically, a drop back below the May highs around $0.25.
Related: How High Can Dogecoin Go? 3 New DOGE Price Predictions Suggest a 100% Jump and 6-Month Highs
Market Context and Bitcoin
Comparison
While
Bitcoin trades near $120,000, up 2.6% weekly, the cryptocurrency’s dominance
continues declining as investors rotate into altcoins. This shift reflects
sophisticated portfolio management strategies among institutional investors.
“Most
TradFi players are already fully positioned on BTC,” observed Augustine
Fan, head of insights at SignalPlus. This saturation drives capital
allocation toward alternative cryptocurrencies offering different risk-reward
profiles.
The ETH/BTC
ratio has bounced to its best levels since Q1, indicating renewed confidence in
altcoin outperformance. This technical signal often precedes extended
altcoin rallies.
Dogecoin News FAQ
Why is Dogecoin price
going up today?
Institutional
buying, altcoin market rotation, and ETF speculation are driving Dogecoin’s
surge. Trading volume tripled to 2.01 billion tokens as institutional wallets
accumulated $250 million worth of DOGE.
What factors support
Dogecoin price prediction for 2025?
Regulatory
clarity, institutional adoption, and technical breakouts support bullish
scenarios. The potential for ETF approval and integration into corporate
treasury strategies provide fundamental support.
How does institutional
interest affect Dogecoin price?
Institutional
buying creates sustained demand and reduces selling pressure. Large wallet
accumulation signals confidence in Dogecoin’s long-term prospects and
legitimizes the cryptocurrency for mainstream adoption.
Will the altcoin season
continue?
Bitcoin
dominance dropping from 66% to 61.75% suggests early altcoin cycle development.
If Bitcoin consolidates near current levels, altcoins tied to real-world
finance applications could lead further gains.
Why is
Dogecoin (DOGE) price going up in July 2025? The meme cryptocurrency is
experiencing its most impressive rally in over a year, with institutional
adoption and market rotation driving unprecedented momentum.
Dogecoin has surged over 33% this week, reaching $0.27 as traders shift capital
from Bitcoin into promising altcoins.
According
to data from cryptocurrency exchange Binance, one DOGE is currently trading at
$0.27, the highest price since February and nearly a 100% jump from the June
lows around $0.14.
Just Dogecoin is now rising for the seventh consecutive session. Source: CoinMarketCap.com
yesterday (Sunday), DOGE surged by 13.5%. Although the price has slipped 0.8%
today (Monday), it continues to trade near its highest levels in nearly six
months.
Why is
Dogecoin rising today? We break it down in the next section.
Why Is Dogecoin Surging? Institutional
Money Fuels DOGE’s Breakout
The primary
driver behind Dogecoin’s recent surge is institutional investment. Trading
data reveals that institutional wallets accumulated over 1.08 billion DOGE
worth approximately $250 million during a 48-hour window ending July 21. This
represents a dramatic shift in corporate treasury strategies.
Dogecoin
trading volume exploded to 2.01 billion tokens on July 21, nearly tripling the
daily institutional average of 724 million. The breakout pushed DOGE from
$0.254 to an intraday peak of $0.277 before settling at $0.271.
You may also like: Why Dogecoin Price Is Surging? Breaking News and Price Predictions for July 2025
Altcoin Season Powers
Market Rotation
Dogecoin’s
price surge coincides with a broader altcoin rally as Bitcoin
dominance drops from 66% in June to 61.75%. This market rotation signals
early signs of an altcoin cycle heading into Q3 2025.
“Over
the past week, altcoins have shown signs of taking the spotlight, with Bitcoin
stalling just below recent all-time highs and capital rotating into broader
market plays,” said Enmanuel Cardozo, market analyst at Brickken.
The
shift benefits multiple cryptocurrencies beyond Dogecoin:
- Ethereum surged to $3,793, up 25%
weekly to its highest level since early 2022 - XRP climbed
4.1% to $3.55 - Solana added
6.6% reaching $189
Current
market data shows Dogecoin trading at $0.273, representing a 13% increase from
the previous day and an impressive 103% gain year-over-year.
ETF Speculation Drives
Momentum
ETF
speculation is adding significant fuel to Dogecoin’s rally. Prediction
markets show an 80% probability for Dogecoin ETF approval, following successful
launches of Ethereum and XRP exchange-traded products.
This
speculation builds on the success of existing cryptocurrency ETFs, which
continue attracting solid institutional inflows. The potential for a Dogecoin
ETF represents a major legitimization opportunity for the meme cryptocurrency.
Regulatory Clarity
Supports Growth
Legislative
developments continue shaping the altcoin trade environment. The GENIUS
Act, aimed at regulating stablecoins and clarifying digital asset taxation,
remains progressing through U.S. Congress despite a failed procedural vote.
“Ethereum
and other altcoins are surging due to institutional demand and friendly
legislative policies,” explained Eugene Cheung, chief commercial officer
at OSL. This regulatory momentum benefits the entire altcoin ecosystem,
including Dogecoin.
The CLARITY
Act could prove transformative for institutional adoption, potentially
eliminating legal uncertainty that has kept traditional financial institutions
on the sidelines. Such regulatory clarity would further support Dogecoin’s
institutional appeal.
Real-World Asset
Tokenization Impact
The real-world
asset (RWA) tokenization sector, now exceeding $24 billion in total
tokenized value, creates additional market momentum. Major financial
institutions like BlackRock and JPMorgan are actively exploring projects
tokenizing private credit, Treasuries, and real estate.
“Tokenized
assets are taking a meaningful share of DeFi TVL,” noted Cardozo. This
institutional theme supports broader cryptocurrency adoption and benefits
liquid tokens like Dogecoin.
The RWA
narrative demonstrates cryptocurrency’s evolving utility beyond speculative
trading, potentially attracting more conservative institutional investors
seeking portfolio diversification.
Dogecoin Technical
Analysis And $0.3 DOGE Price Prediction
Based on my
technical analysis, Dogecoin has finally broken out of the consolidation range
that has been forming since February, between $0.15 and $0.25. This breakout
opens the way for a potential move toward levels last seen at the turn of 2024
and 2025.
Seven
consecutive bullish sessions are certainly impressive, as is the test of the
highest price levels in five months. If DOGE holds above the $0.25 support
level, it could continue its move toward $0.30, where resistance is formed by
the December 2024 lows. The next resistance levels are at $0.40, January highs,
and then in the $0.45–$0.48 zone, which corresponds to the range observed in
November and December.
A rejection Technical analysis suggests that DOGE price can jump to $0.3. Source: Tradingview.com
of this more bullish scenario would be a return to the consolidation zone
marked in purple, specifically, a drop back below the May highs around $0.25.
Related: How High Can Dogecoin Go? 3 New DOGE Price Predictions Suggest a 100% Jump and 6-Month Highs
Market Context and Bitcoin
Comparison
While
Bitcoin trades near $120,000, up 2.6% weekly, the cryptocurrency’s dominance
continues declining as investors rotate into altcoins. This shift reflects
sophisticated portfolio management strategies among institutional investors.
“Most
TradFi players are already fully positioned on BTC,” observed Augustine
Fan, head of insights at SignalPlus. This saturation drives capital
allocation toward alternative cryptocurrencies offering different risk-reward
profiles.
The ETH/BTC
ratio has bounced to its best levels since Q1, indicating renewed confidence in
altcoin outperformance. This technical signal often precedes extended
altcoin rallies.
Dogecoin News FAQ
Why is Dogecoin price
going up today?
Institutional
buying, altcoin market rotation, and ETF speculation are driving Dogecoin’s
surge. Trading volume tripled to 2.01 billion tokens as institutional wallets
accumulated $250 million worth of DOGE.
What factors support
Dogecoin price prediction for 2025?
Regulatory
clarity, institutional adoption, and technical breakouts support bullish
scenarios. The potential for ETF approval and integration into corporate
treasury strategies provide fundamental support.
How does institutional
interest affect Dogecoin price?
Institutional
buying creates sustained demand and reduces selling pressure. Large wallet
accumulation signals confidence in Dogecoin’s long-term prospects and
legitimizes the cryptocurrency for mainstream adoption.
Will the altcoin season
continue?
Bitcoin
dominance dropping from 66% to 61.75% suggests early altcoin cycle development.
If Bitcoin consolidates near current levels, altcoins tied to real-world
finance applications could lead further gains.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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