Dogecoin (DOGE) is back in the spotlight as traders and analysts project a massive 180% price rally, fueled by a bullish market structure and Bitcoin’s ongoing strength. Following a 38% gain in May, its best monthly performance in 2025. DOGE has surged alongside Ethereum and Bitcoin, with rising investor confidence and strong technical signals pointing to more upside.According to CoinGecko, Dogecoin’s 24-hour trading volume has exceeded $4.7 billion, placing it fifth among top cryptocurrencies (excluding stablecoins), reinforcing its market momentum.
On-Chain Metrics Support Bullish Sentiment
Data from CryptoQuant reveals that DOGE’s 90-day cumulative volume delta (CVD) remains “taker buyer dominant,” a clear sign that aggressive buyers are outweighing sellers. This pattern was last seen in November 2024, preceding a 385% price rally that took Dogecoin to $0.48 in Q4 2024.
Further supporting bullish sentiment is the Net Unrealized Profit/Loss (NUPL) metric for long-term DOGE holders. Recently crossing the 0.5 threshold, this metric shows that most holders are now in profit. Historically, a NUPL above 0.5 signals “belief” in continued gains, as profitable holders are more likely to hold than sell, creating price stability and setting the stage for potential explosive rallies.
Analysts Project DOGE to $1 if Bitcoin Rally Sustains
Technical analyst Trader Tardigrade outlined a historically bullish setup in the DOGE/BTC pair, drawing comparisons to a past parabolic move where DOGE surged 30,000% from $0.0024 to $0.739. The chart shows a similar consolidation and breakout structure forming now, with a potential upside trigger if Bitcoin enters a sideways consolidation phase following its recent surge.
Tardigrade also highlighted a weekly MACD bullish crossover — the third since early 2024 — which previously led to gains of 180% (Jan–Mar 2024) and 385% (Sep–Dec 2024). The analyst’s near-term DOGE price target is $1, contingent on continued market strength and positive macro sentiment.
Crypto Community Shares Similar Forecasts
Another crypto analyst, Javon Marks, echoed the bullish view, projecting a move toward $0.65, DOGE’s highest price since May 2021. Marks stated:
“$DOGE (Dogecoin) now showing MAJOR STRENGTH after setting Higher Lows! $0.6533 can be coming in another nearly +180% upside and prices could even break above, bringing $1+ into play.”
With DOGE’s correlation to Bitcoin holding around 0.67 over the past three months (according to Macroaxis), many traders believe that continued Bitcoin momentum could act as a catalyst for a full-scale Dogecoin breakout.
Is Another DOGE Super Rally on the Horizon?
While past rallies have often followed Bitcoin’s lead, current metrics suggest Dogecoin may be preparing for an independent breakout driven by strong fundamentals and growing accumulation from long-term holders.
As long as BTC remains above critical support levels, analysts believe DOGE could surge up to 180% in the coming weeks, potentially retesting or exceeding the elusive $1 mark.
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