Dogecoin (DOGE) Skyrockets 64%, $0.40 Next Stop?
Main Idea
Dogecoin (DOGE) has experienced a significant price surge, with analysts predicting a potential rise to $0.40, driven by technical breakouts, investor optimism, and recent funding announcements.
Key Points
1. Dogecoin's price has surged 64% in July 2025, reaching $0.27, with six consecutive days of gains and breaking key resistance levels at $0.184 and $0.219.
2. Analysts suggest that if Dogecoin maintains support at $0.25, it could target $0.33 and potentially $0.40.
3. Bit Origin announced plans to launch a Dogecoin treasury backed by $500 million in stock and convertible debt, with $15 million already secured.
4. Dogecoin's rally is fueled by technical breakouts, fund inflows, and investor optimism, marking its best weekly performance since May 2025.
5. The Singapore-based, Nasdaq-listed company Bit Origin plans to be the first major U.S. exchange-listed business to use DOGE as its primary treasury asset.
Description
Dogecoin has surged since low of $0.142
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