The following are the core views on Dogecoin (DOGE) in August 2025, combining technology, market sentiment, and risks to extract key points for you:

------

🚀 Current Highlights: Short-term explosive potential still exists

1. Technical Upgrade Catalysts

◦ Zero-Knowledge Proof (zk-Rollups) Proposal: If approved, transaction speed will increase, costs will decrease, providing DOGE with practical application scenarios (such as payments and privacy protection), potentially pushing the price from $0.3 (end of August) to $0.5 (end of the year).

◦ PoS Consensus Mechanism Upgrade: Expected to be completed in 2025, with energy consumption reduced by 90% and processing speeds reaching thousands of transactions per second, paving the way for commercial applications.

2. Market Sentiment and Event-Driven Factors

◦ Musk Effect: SpaceX has accepted DOGE for satellite launch payments, and his statements can still trigger short-term surges (e.g., a 69% increase in July alone).

◦ Institutional Involvement: Grayscale Trust and Bitwise spot ETF applications are progressing, lowering institutional allocation thresholds, and potentially substantial capital inflow.

3. Divergence in Price Predictions

◦ Optimists: Technical breakout + upgrade benefits lead to an August target of $0.34–0.42, with year-end expectations of $0.5–1.5.

◦ Cautious Approach: Historical data reveals a high probability of declines in August (average drop of over 10% in the past three years), necessitating caution regarding retracement risks.

------

⚠️ Risks and Challenges: Shadows under the Celebration

1. Weak Fundamentals

◦ Declining On-Chain Activity: The number of holding addresses has decreased for three consecutive months, and large transfers have dropped by 45%, with commercial applications accounting for less than 2%.

◦ Development Stagnation: Less than two monthly updates on GitHub, far behind mainstream coins, with technological iteration relying on community proposals.

2. Regulatory and Liquidity Risks

◦ High Policy Sensitivity: If global regulations tighten (e.g., trading restrictions, high taxes), DOGE, as a high-volatility asset, will be the first to be impacted.

◦ Liquidity Traps: Whale holdings are concentrated, leading to potential chain liquidations in case of sharp declines; the price retracement in July has already revealed hidden dangers.

------

💎 Action Suggestions: Rational Participation Strategy

• Short-term Speculators:

Pay attention to the August SpaceX Starship launch (event-driven) and zk upgrade voting progress, set a stop-loss at $0.22, and limit positions to ≤ 10% of total assets.

• Long-term Holders:

Wait for the PoS upgrade implementation and application ecosystem validation; if it drops below $0.17, reassess the value logic. #ETH走势分析 #比特币流动性危机 $BTC $ETH $XRP