As one of the leading cryptocurrencies in the industry, Dogecoin is making every effort to break through resistance levels, with its strong momentum and development speed exceeding market expectations. As the altcoin index rises to 53, Dogecoin is also targeting significant price goals, and investors are eagerly anticipating whether it can set new highs.
The role and potential of Dogecoin have recently received much attention, and it is gradually moving towards the mainstream.
Bitcoin mining infrastructure company Bit Origin has included it in its funding pool and also purchased $10 million worth of Dogecoin. The company believes Dogecoin is the perfect token for small payments, 'about to reach a turning point.'
Bit Origin CEO Jiang Jinghai stated that based on mining experience, they understand the pros and cons of the proof-of-work system, and the practical potential of Dogecoin in the small payment field is approaching a turning point, thanks to a revival in developer activity and broader institutional interest in tokenization.
From the price trend, the Dogecoin chart for July shows signs of an upward trend. Noted cryptocurrency analyst Tardigrade pointed out that Dogecoin has reached the consolidation top and may enter the 'explosive growth' phase, setting a new price peak.
Regarding the price prediction for July 31, 2025, CoinCodex data shows that Dogecoin is expected to challenge $0.25;
By mid-August, it is expected to soar to a new peak of $0.31. It is predicted that by August 21, 2025, the price of Dogecoin may rise by 16.71%, reaching $0.308261.
Current technical indicators show bullish market sentiment, with the fear and greed index at 72 (in the greed range); over the past 30 days, Dogecoin has had 20 trading days of increases (accounting for 67%), with a price volatility of 16.92%. Overall, it is currently considered a good time to buy Dogecoin.
