- Dogecoin (DOGE) has experienced a significant price surge, driven by increased interest from whales and the potential for its inclusion in mainstream ETFs in 2025.
- As adoption grows, DOGE’s liquidity and legacy status position it for further price appreciation, with predictions of a possible rally to $1.
As the cryptocurrency world expands in 2025, Dogecoin (DOGE), the popular memecoin, has become the subject of renewed interest and optimism. After a strong rally, DOGE broke through the $0.41 mark, marking its highest level in a month. This surge is partly fueled by growing hopes of increased mainstream adoption, particularly as potential Exchange Traded Funds (ETFs) that include DOGE are discussed.
The Power of Mainstream Exposure
One of the key drivers behind Dogecoin’s breakout is the increased possibility of exposure to traditional investors. Wintermute, a major market maker, has stated that DOGE is likely to be the next crypto asset picked for a new fund. The company has been bullish on memecoins, even becoming the market maker for emerging tokens. They believe that in 2025, the financial world will develop new ways to allow investors to tap into crypto markets while minimizing volatility, with DOGE poised to benefit significantly.
Notably, Grayscale, a key player in crypto investment, has also shown interest in DOGE, recently mentioning the token in its report of the top appreciating assets of the week. The rise of DOGE could be attributed to the success of single-coin ETFs focusing on Bitcoin (BTC) and Ethereum (ETH), with expectations that multi-asset ETFs, which may track a basket of cryptos including memecoins, will soon follow.
Whales on the Move
Large investors, often referred to as “whales,” are also playing a crucial role in Dogecoin’s current rally. In recent weeks, these whales have invested over $200 million into DOGE, driving its price higher. Not only are they buying in large quantities, but exchange wallets are also showing increased balances. In just a few hours, whale transactions moved an astonishing 600 million DOGE, reinforcing predictions of a further price breakout.
While the price of DOGE continues to rise, its supply is also expanding. Every two minutes, 10,000 new DOGE coins are mined. However, a significant portion of the coin’s supply is held by whales—over 30%—which adds an extra layer of influence on the market.
DOGE and the Future: $1 on the Horizon?
As the memecoin ecosystem evolves, DOGE stands out not only due to its liquidity and legacy but also because it continues to grow in popularity. While newer coins like WIF and PEPE may gain attention, DOGE remains one of the most secure and widely available cryptos in the market.
With the possibility of a DOGE ETF and growing mainstream interest, some experts are even predicting that DOGE could reach as high as $1 in the near future. As whales continue to accumulate, and the crypto market embraces new investment tools like ETFs, Dogecoin’s meteoric rise may just be getting started.
