So far, Dogecoin (DOGE) has undergone two remarkable explosive market trends, each time refreshing historical highs. Based on this cyclical trend, many investors believe that this iconic meme coin may be preparing to restart a strong rebound similar to that seen after the previous two bear markets. Although 2025 is approaching its end, the market has yet to see a significant third wave of increases, but investor optimism remains high.

Analyst Expectations: DOGE May Welcome the Third Round of Major Cycle Upsurge Anonymous cryptocurrency analyst EtherNaysyonal released the latest research report in the community, sharing predictions about the future trend of Dogecoin. He focused on analyzing the explosive characteristics of DOGE in the previous two bull markets based on historical price performance, and speculated on the potential increase for the next cycle.

According to his analysis, Dogecoin once rebounded after a long period of sideways movement in 2017, leading to its first major surge. At that time, the price of DOGE skyrocketed from below $0.00028 to over $0.02, with an increase of up to 7000%. This market trend ended with the arrival of the 2018 bear market, and DOGE entered another long period of consolidation.

The second major surge occurred in 2021, with DOGE soaring from below $0.0028 to over $0.7, an increase of over 30000%, once again confirming its astonishing explosive power.

EtherNaysyonal pointed out that the current price structure and sentiment environment of DOGE are very similar to the two previous major market surges. If historical patterns repeat, DOGE is expected to welcome another round of soaring market conditions. According to his projections, if a similar rebound occurs, the price of DOGE could potentially break $1, and even reach up to $2.2 in extreme conditions, indicating a growth potential of over 1200%.

The growth of Dogecoin: from 'joke' to mainstream asset. This analysis is also a continuation of EtherNaysyonal's earlier views - he previously wrote about how Dogecoin evolved from the initial 'joke coin' to a digital asset with a large community and real applications.

Now, the ecological foundation of DOGE is already different from the past. It not only has a large user base but is also regarded as one of the mainstream cryptocurrencies alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP). Currently, several institutions have begun to include DOGE in their reserve assets, and some financial institutions have even submitted applications for a Dogecoin ETF to regulatory authorities.

In addition, the real-world applications of DOGE are also expanding; for example, companies like Tesla have accepted it as a payment method for goods, further promoting the mainstreaming of this 'king of memes'.