DOGE

#JustinSun rejected criticisms of meme coins at a dinner organized by President Donald Trump, saying that these tokens have an important role in the cryptocurrency sector.
Tron (TRX) founder Justin Sun, whose name has been frequently on the agenda recently, met with Official Trump ($TRUMP ) token holders at a special dinner organized by US President Donald Trump. Making special statements after the dinner, Justin Sun stated that the criticisms of meme coins were unfair and argued that these tokens would create a serious wave of innovation in the US cryptocurrency ecosystem.
Justin Sun described the “bribery” accusations, especially made through the TRUMP token, as “narrow-minded and misguided.” Stating that Donald Trump’s embrace of crypto was an important turning point for the US, Justin Sun stated that this decision would allow the country to regain its leadership position in digital assets.
Why are meme coins important?
Justin Sun emphasized the importance of meme coins, and stated that successful examples such as Dogecoin ($DOGE ) and Shiba Inu ($SHIB ) have brought many new users to the crypto world. Justin Sun, who said that these coins greatly contributed to the general acceptance of cryptocurrencies, said, “Some succeed, some go to zero. This is the nature of entrepreneurship.”
On the other hand, Trump’s crypto-friendly policies are effective in many companies that are overwhelmed by the anti-crypto stance of former President Joe Biden’s administration, deciding to return to the US. Justin Sun explained that many investors who attended the dinner had previously considered leaving the US, but changed their minds with the Trump administration.
Justin Sun’s legal problems in the US have remained in the background for now. While it is known that the SEC under President Trump has stopped its investigations into Sun, the TRON founder interprets this development as a sign of the US’s return to the crypto sector.
#DOGE #SHİB #DinnerWithTrump #BTCBreaksATH110K

$DOGE
Current Price and Market Performance:
Dogecoin is trading around $0.2405 - $0.2414. It has seen some positive movement recently, with a gain of around 6.55% in the last 24 hours.
Technical Analysis:
* Hourly Chart: DOGE recently experienced a false breakout of a local resistance level at $0.2437. If it closes below this, it could see a drop towards $0.2350.
* Wider Channel: On a larger timeframe, Dogecoin is positioned within a wide channel, with support at $0.2058 and resistance at $0.2598.
* RSI: The Relative Strength Index (RSI) is currently in the neutral zone (30-70), indicating no immediate strong bullish or bearish divergence.
* Moving Averages:
* The 200-day moving average has been sloping upwards since April 21, 2025 (and October 23, 2024 for the weekly MA), suggesting a strong underlying trend.
* The 200-day moving average is currently above the price, which could act as resistance if the price re-interacts with it.
* Some short-term moving averages are showing strong bearish signals, indicating a potential reversal of the trend.
* Overall Technical Ratings: While some short-term indicators suggest neutrality or even bearishness, overall technical summaries from various sources point to a "buy" or "strong buy" signal for Dogecoin across different timeframes (daily, weekly, monthly).
Recent News and Updates
* Whale Activity: On-chain data indicates that Dogecoin whales are increasing their holdings, with a transfer of 350 million DOGE (worth over $109.9 million) to an unknown wallet, which could suggest further gains.
* Elon Musk's Influence: Elon Musk continues to be a significant factor in Dogecoin's price movements. His past tweets and potential integration of DOGE into platforms like X (formerly Twitter) have historically led to price surges. Rumors of a "DOGE stimulus check" also circulated, though these have been largely debunked as unfounded.
* Dogecoin Core Development: The Dogecoin Foundation is actively working on development, with the recent launch of Libdogecoin, a C-library, aiming to facilitate easier development of Dogecoin-compliant products.
* Community and Meme Status: Dogecoin's strong community and its status as the original meme coin remain its core strengths. Its popularity often transcends traditional crypto utility.
Investment Considerations
* High Volatility: Dogecoin is known for its high volatility and price swings, often influenced by social trends and endorsements rather than fundamental utility. This makes it a high-risk asset.
* Limited Utility: Despite some integrations, Dogecoin has relatively limited real-world utility compared to other cryptocurrencies. Its value is heavily tied to speculative interest and its meme status.
* Infinite Supply: Unlike Bitcoin, Dogecoin has an uncapped supply, meaning new tokens are continuously minted. This can dilute its value over time and make long-term price appreciation challenging without significant demand.
* Speculative vs. Investment: Many analysts consider Dogecoin more of a speculative asset or even a "lottery ticket" rather than a traditional investment. While it can offer substantial returns in short periods, it also carries a significant risk of loss.
* Community and Hype: Its primary drivers are its active community and the hype generated around it. If interest wanes or a new meme coin gains popularity, Dogecoin's value could decline sharply.
Price Predictions:
Price predictions for Dogecoin vary widely and are often based on user input or speculative models. Some predictions for 2025 range from $0.18 to over $1.00, with some even suggesting a potential reach of $0.30 in the near future. However, it's crucial to remember that these are just predictions and not financial advice.
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The bullish outlook for Dogecoin ($DOGE ) continues to strengthen as an increasing number of analysts project a potential surge to $10 during the current market cycle. With Ethereum ($ETH ) moving steadily toward its previous all-time high (ATH), anticipation for the broader altseason is mounting—bringing renewed attention to high-potential altcoins, including DOGE.

Growing Analyst Support for $10 DOGE Target

Over the past several months, altcoins have demonstrated consistent bullish signals, even before Bitcoin (BTC) began its recent ascent to new ATH levels. Historically, altseason—a period when alternative cryptocurrencies outperform Bitcoin—follows closely after Bitcoin halving events, typically peaking in Q1 of the subsequent year. However, in an unexpected shift, the anticipated altseason for 2025 appears to have been delayed due to BTC entering a prolonged consolidation phase during the first quarter.

This deviation from the usual market cycle has led analysts to rely more heavily on technical chart patterns and market signals rather than past timing frameworks. As the market adjusts, several altcoins, including Cardano (ADA), Ripple (XRP), Ethereum (ETH), and Dogecoin (DOGE), are showing strong upward momentum.

The Case for DOGE at $10

Dogecoin, the original memecoin, has remained a significant player in the altcoin landscape despite its unconventional origins and volatility. Its resilience through market cycles has maintained investor interest, and the current sentiment around DOGE is notably bullish.

A recent analysis shared on X (formerly Twitter) outlines a scenario in which DOGE could reach an ATH of $10 during the altseason’s peak. The post compares previous market cycles, highlighting DOGE's history of parabolic rallies that significantly outpaced broader market gains. According to the analysis, if Bitcoin secures a weekly close above its current ATH levels, it could trigger another wave of explosive growth for altcoins—with DOGE among the potential top performers.

While a more conservative target of $1 remains widely accepted, the increasingly optimistic $10 forecast is gaining traction among both retail and institutional investors. Proponents of the $10 prediction believe that a combination of market momentum, retail enthusiasm, and historical trend repetition could drive DOGE to new heights.

Market Outlook

As the broader crypto market gears up for what many believe will be a pivotal altseason, DOGE remains in the spotlight. Whether it reaches $1 or achieves the more ambitious $10 target, Dogecoin is once again demonstrating its capacity to capture investor attention and participate meaningfully in the next pha inse of the bull cycle.

Investors and market watchers alike will continue monitoring key technical levels on Bitcoin and major altcoins, with the expectation that a confirmed breakout could catalyze another wave of substantial gains across the altcoin sector.
#BTCPrediction #MarketPullback