Dogecoin (DOGE) hopes to rebound from its recent slump come 2025, as investors are eying a potential surge to a new all-time high of $1.3. Currently trading above $0.30 this weekend, the leading meme coin would need to surge almost 300% to reach such a level it never has. At press time, the asset’s current ATH is $0.7376, reached back in 2021. A surge to $1.3 is a nearly 100% increase from DOGE’s current ATH.
With Musk taking charge of his DOGE department in January, Dogecoin is poised to claim new highs soon. The asset surged in the days following President-elect Trump’s announcement that Musk would be a member of his administration. Several market analysts predict DOGE to make it out of this slump and climb in the near year, but when could it reach over $1?
Dogecoin Eyes $1.3, But When?
Currently, Dogecoin whales are making moves to potentially sell their DOGE holdings, causing worry of a further fall. However, several price predictions are still bullish, with one seeing DOGE climb far over $1.
This year, Dogecoin has increased 350%. This is consistent with the upgrade of the overall cryptocurrency industry. Elon Musk’s Department of Government Efficiency (D.O.G.E.) and whales’ accumulation of DOGE lend support to this perspective. The recent performance of Bitcoin combined with this positive momentum might push the asset further.
Also Read: Dogecoin: New Price Forecast Predicts Doge To Claim $3 – Here’s How?
To reach $1, Dogecoin will have to surge by a minimum of 150% from its current price level. According to data from CoinCodex, the meme coin is expected to record a new high over the next year. It is projected that Dogecoin will trade to a high of $1.12794 in 2025.
As for $1.3, DOGE may not be able to hit that level until late 2025/early 2026. Leading on-chain metrics and prediction firm Digital Coin Price has painted a bullish picture for Dogecoin. According to the price prediction, the meme coin could reach a new high of $1.48 in 2026. The average trading price could be $1.34, and the minimum price the meme currency could trade is $1.20.
