Dogecoin (Doge) is the largest meme cryptocurrency in the market for capitalisation and has faced losses of over 30% so far this year. Could this change?
From a technical standpoint, Doge failed to perform in 2025. As seen in the following graphics provided by TradingView, Cryptocurrency has dropped by 32.67% since Januaryproves a clear weakness. The RSI is an indicator that measures the impulse to buy and sell, oscillates around 49 in the neutral zone, indicating that there is no clear immediate bullish or bear tendency.
In past cycles, RSI has gone above 70 (overbrain), dropping from 30 (overbrain), marking a price turn. Now, the market appears horizontally with balanced buyers and saleswomen. If you’re not in the mood to provide investment recommendations, this graph shows that Doge remains in the ranks and there are no clear signs of rupture. This suggests that it will fall into a short-term position.
This opposes the behavior observed on August 21, when Doge formed a pattern of optimism for investors. It is a cup and handle pattern, and at a technical level it suggests long-term integration of prices before intense rebound.
Now, based on the basic factors, as the head of this report shows: They can do some catalysts that could reverse the bassist trend Of the Memecoin, this year we will lead it with a strong will.
It’s not an easy task to comply, but it relies on third-party decisions, which in this case is the board of directors of US regulators and companies interested in their cryptocurrencies.
First Catalyst: Doge’s Impending ETF
The first propeller of Doge’s price is the final approval of the cited background (ETF) of this cryptocurrency. Negotiation of this financial product, as happened with Bitcoin (BTC) and Ether (ETH). It could be an incentive for the price of digital assets.
Meme Cryptocurrency will benefit from the great interest, with 138.7% and 91.5% increase to BTC and ETH, from the beginning of 2024, the year the ETF was approved, with 138.7% and 91.5% respectively.
Coincidentally, Doge has overcome two of the most important digital currencies on the market. Register an increase of 168% over the same period.
At the end of July, Bloomberg Agency ETF analysts James Seifert and Eric Balknath said there is a 90% chance that the US Securities and Exchange Commission (SEC) would approve negotiations for the DOGE ETF. In his opinion, At least three ETFs will be eligible for regulatory approval by October 17ththe deadline for decisions decided on this point.
Seyffart and Balchunas were the first analysts to accurately predict the date of approval for Bitcoin ETF’s cash in January 2024. This has integrated the reliability of both institutional and retail investors within the ecosystem.
up to now There are five requests to launch Doge ETF waiting for evaluation by the SEC. This proposal was presented by Bitise, Grayscale, Rex Shares, Osprey Funds, and 21shares Companies.
The SEC is not left with crossed hands and conducts various proposal reviews. In June, for example, the agency ordered the requesting company to present Bitwise with a new version of the S-1 document, including the proposed modifications. This indicates that the governing body is effectively working on evaluating these financial instruments.
Plus, there is an additional impulse. US law aims to clarify the cryptocurrency sector. Through an act of clarity announced before the House of Representatives in May, We are trying to officially recognize cryptocurrencies as “digital products”to transfer values in categories that contain assets linked to distributed and used networks.
If this legislative proposal is approved by the US Congress, greater legal certainty will be provided for the creation of financial instruments supported by cryptocurrencies such as Doge. Either way, there is a positive contribution and its market. This is because legal awareness is one of the main factors in the investment world and an important requirement of the SEC.
Alexis Lugo, analyst and professor of decentralized finance, told Cryptonoticia that approval for the Doge ETF appears to be imminent, but he recognizes the asset as “unstopping.”
«Doge is a token that has a lot of time in the market and has suddenly increased thanks to the support of characters like Elon Musk. I don’t think your ETF approval is imminent, but I think it will happen at some point. Suddenly, in the medium term, it happens because there are already disputed solar ETFs and other assets in the arena, so that’s what happens,” he said.
For him, the Doge ETF approval “will definitely be a positive point of that price.” He explains this because cryptocurrencies “enter a more open market,” saying, “investments may have more contact with digital assets without having them, and be exposed to risk and volatility.”
«In the end, what it does is replicate a basket of assets or replicate the price. In this particular, people do not have such assets. But beyond that, prices have a positive impact as the economy moves in terms of how financial assets are created,” said the CEO of Cryptoner Educational Initiative.
Second Catalyst: Doge Treasury
The second driver of Doge’s price is the trend that is scattered among companies around the world to open the Ministry of Digital Assets Treasury. He started with Bitcoin and then passed ETH It has been extended to a variety of cryptocurrencies, including Solana (Sol), XRP, and of course Doge.
Cryptonoticias reported a recent case of Cleancore Solutions Company cited on the New York Stock Exchange, which was associated with House of Doge Inc. to create a Doge Treasury backed by an initial investment of $175 million. The Treasury Department was reportedly supervised by Alex Shapiro, a lawyer for the large Elon Musk.
In this move, CleanCore Solutions sold 175 million warrant Reserved at a price of $1 per unit. The business was attended by over 80 institutional and professional investors in the crypto active sector. They are Mozayyx, Panther Capital, GSR, Falconx, Borderless, Mythos and Serrur & Co. It highlighted the LLC, reported Cryptootics.
The company’s commitment seems honest, but the market sees it as bad news. For example, after the announcement of CleanCore, his behavior collapsed at 60%, as seen in the following graph.
What happened to CleanCore’s actions is inconclusive. Other companies that also participated in the Doge accumulation trend must take into account the sustained rise in stock prices. The iconic case is a case of bit origin. Since July, its stock has grown by more than 119%.when they announced their own creation of Doge Treasury.
The activation of trends in institutional adoption of DOGE will, on the one hand, be a catalyst for the price of assets as it promotes the institutional acceptance of this digital asset and places it in key existing options for businesses and companies that want to invest in cryptocurrency.
Meanwhile, investors are seduced by the possibility of a revaluation of cryptocurrency counts, so Doge’s public and institutional acquisitions can ensure that the price of assets rises at the start of supply and demand. This could lead to a major acquisition that would reduce Doge’s 1507.8 million currency distribution offers. If there is sufficient demand, push the value of the asset upward.
However, in Lugo’s case, the trends of companies adopting Doge are not critical about the future price of this asset. We are forecasting price rebounds for this corporate movement, but we believe that it needs to be organic to be sustainable over time.
«Doge is an asset that is inflation. It never ends, and it continues to produce for a lifetime and does not burn. So I really don’t believe one is definitive with the other. “You have a dollar, euro, yuan, or bitcoin, eth, sun, so having it as a reservation seems like you have another currency,” he emphasized.
What do you expect?
Doge’s future panorama depends on a variety of factors, and it is clear that only those with a real foundation will be argued. So the answer doesn’t seem that simple, This is because the price behavior of that asset is not seen in glass balls.
What you can do is look at historical actions and pay attention to advertisements and news that could lead to increased assets.
As Alexis Lugo sees it from the “Cryptoner” community, investors “need to do their own research” by recalling “the Doge” as “a highly speculative asset that has achieved historically high prices for the support of large numbers.”