Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates

Check out our Live Dogecoin Updates for August 11, 2025!

In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin.

Launched in 2013, doge is up by over 38,000% today, looking at a price of over $0.21 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants.

With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, seems to be going nowhere but up.

Today’s Dogecoin Technical Analysis 📊

Having gained over 16% in the past week, Dogecoin ($DOGE) is firmly in bullish territory.

The biggest technical confirmation of this comes from the 4-hour chart, where it’s bouncing off the 0.5-0.618 Fibonacci retracement zone.

This suggests the token has undergone a healthy correction following its initial parabolic rally and is now perfectly positioned to continue its bullish trend.

With the 10, 20, and 50 EMAs neatly stacked and pointing upward, the $0.24673 target, i.e., the high of the Fib range, looks achievable within the next couple of days.

That said, a deeper pullback to around $0.21125 is also possible, which would then ignite ‘buy the dip’ sentiment among $DOGE holders.

Even with such a correction, though, the larger trend would remain overwhelmingly bullish.

Asia’s Doge’ ($PENGU) Targets $0.044 Breakout as $DOGE Rivalry Heats Up and $MAXI Joins the Race

Pudgy Penguins ($PENGU) is closing in on a bullish cup-and-handle breakout at $0.044, with technicals pointing to a potential surge toward $0.082.

This is around double its current price of $0.04009. The hype is backed by a pending CBOE-supported ETF filing and growing dominance in Asian markets, where it’s dubbed “Asia’s $DOGE.”

If $PENGU’s rally continues, it could ignite a turf war with itself, as communities rally behind their token for the coveted best meme coin spot.

When these battles kick off, other contenders often fly just as high. Maxi Doge ($MAXI), the ultra-ripped, 1000x-leverage-trading final form of the Shiba Inu family tree, is gearing up to ride this momentum. With its extreme meme appeal and Doge narrative, could it be the next crypto to moon?

From $SHIB & to Maxi Doge: Is Meme Coin Momentum Shifting?

Shiba Inu (SHIB) has dropped 43% since the start of 2025, even as Bitcoin and other major cryptos rally.

Dogecoin, the original meme coin, is also down 36% this year, though it remains in the top 10 coins by market cap.

Experts suggest this could be a prime buying opportunity, as both dog meme coins have seen explosive comebacks before.

On the other hand, it could signal meme coin fatigue, where legacy tokens are losing momentum.

Nonetheless, the shift makes way for fresh contenders like Maxi Doge ($MAXI), which blends potent meme appeal with staking rewards, contests, and community-driven features.

With over $650K raised in presale, Maxi Doge positions itself as the next Alpha dog, perfect for traders who live for the pump and aren’t afraid of the dump.

As Dogecoin’s dominance fades, Maxi Doge could be the low-cap entrant meme you’ve been waiting for.#DOGE $DOGE