DOGE: Analysts Predict a 300% Surge Amid Market Dip

Dogecoin (DOGE) has experienced a significant decline, dropping over 50% from its peak of $0.5 around the time of Donald Trump’s inauguration. Despite initial hopes for a quick recovery, the meme coin continued to lose value, breaking below key support levels such as $0.15. However, crypto analyst Without Worries on TradingView sees this downturn as a prime buying opportunity, suggesting that DOGE could potentially deliver a 300% gain from current levels. The analyst, who accurately predicted a short trade on Dogecoin earlier in 2024, believes the current low prices present a unique entry point for traders. This analysis comes as the crypto market remains volatile, with meme coins like DOGE often subject to sharp fluctuations. As of April 2025, investors are closely watching whether Dogecoin can capitalize on this perceived opportunity and stage a strong rebound.

Dogecoin Potential 300% Gain Opportunity

Dogecoin (DOGE) dropped by more than 50% after hitting $0.5 leading up to the Donald Trump inauguration. Despite expectations of recovery, the meme coin continued to dip, breaking below major supports like $0.15. However, one crypto analyst, Without Worries on TradingView, sees this as a unique opportunity for crypto traders, suggesting that now is the time to get in on the meme coin. The analyst had previously called a short trade on Dogecoin in 2024, which resulted in a near 75% decline in its value. The analyst gives four reasons why this could be a profit-making opportunity.

Dogecoin ETF Hype Builds as SEC Turns Pro-Crypto Under New Chair

The US Senate approved Paul Atkins as SEC Chair, intensifying conversations around a potential spot Dogecoin ETF. On Wednesday, 21Shares announced a partnership with the House of Doge, backed by an endorsement from the Dogecoin Foundation for a new Dogecoin ETP. This move validates retail demand driving markets, and the product is not just about fundamentals but driving cultural momentum.

21Shares Files for SEC Approval to Launch Spot Dogecoin ETF

Zürich-based digital asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) for approval to launch a spot Dogecoin ETF. The proposed fund would track the performance of Dogecoin (DOGE), which is currently $0.156. Coinbase Custody has been named as the proposed custodian for the fund, but specific details such as the ETF’s ticker, fees, and listing exchange are yet to be disclosed. House of Doge Inc., the corporate arm of the Dogecoin Foundation, will support the Trust with marketing, strategy, and related services.

Dogecoin (DOGE) Price Recovery and ETF Filing News

21Shares has filed for a spot Dogecoin (DOGE) exchange-traded fund (ETF) in the US. Despite struggling with price for a while, DOGE jumped from $0.1432 to $0.164 in the past 24 hours. DOGE’s resilience is highlighted by its growth from its lowest point to the present day. Despite new meme coins entering the market, Dogecoin remains the largest. At the time of writing, DOGE was trading at $0.1557.

Can DOGE Revisit $0.74 ATH? Potential Gains and A New Challenger Threatening DOGE

The recent struggle for Dogecoin (DOGE) to maintain above $0.17 has sparked debate on its ability to reach the previous all-time high at $0.74. market analysis suggests a possible rally towards $2 if key resistance areas are broken, supported by speculation of an ETF approval in 2025. As Dogecoin’s trajectory remains uncertain, another contender, Mutuum Finance (MUTM), is gaining traction in the presale stages, offering investors organized returns and real-world utility. Dogecoin’s price trajectory has been volatile, dropping below crucial support lines earlier this year, but technical indicators suggest it may rebound after stabilizing around $0.1550.

21Shares Partners With House Of Doge To Launch Dogecoin ETP

Asset manager 21Shares has partnered with the House of Doge, the corporate arm of the Dogecoin foundation, to launch a Dogecoin ETP in Europe. The ETP will be listed on the SIX Swiss Exchange under the ticker ‘DOGE’. This collaboration marks a major milestone in bringing institutional-grade exposure to DOGE, one of the “most community-driven and widely recognized” cryptocurrencies.