Latest News Highlights
Last July, Dogecoin witnessed a notable increase in purchases by market whales — over 130 million DOGE were bought within 24 hours, amid anticipation of economic announcements and new decisions from the U.S. Federal Reserve and the White House.
Recently, a report also indicated renewed interest in the coin within the global payment system. Observers are starting to wonder: Can Dogecoin evolve from a joke to an official payment method?
Amid the rise of meme coins, DOGE remains a preferred destination for whales to exploit dips — reflecting a relative institutional confidence in the currency's performance.
On the other hand, analysts indicate potential upward forecasts for Dogecoin during August 2025, with expectations for the price to reach between $0.199 and $0.215 at the beginning of August, possibly rising to $0.232 by August 10.
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Technical Analysis
Grok AI, a prediction model supported by advanced analytical techniques, identified potential profitable sell zones for Dogecoin between $0.32 and $0.45.
While some analysts view support at a price between $0.16 and $0.19 as paving the way for a bullish wave that could drive the currency to $3 or more if the positive trend continues, the high risks associated with volatility persist.
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Summary
The market is experiencing increased activity from whales, with the price currently holding steady near $0.228.
There is renewed interest in Dogecoin as a payment and transfer option, along with an optimistic outlook from some analysts regarding future changes.
The currency maintains technical momentum that could push it to higher levels, but volatility and external influences such as regulatory decisions remain critical factors.