DOGE’s Wall Street Ascent: How Meme Coins Are Gaining Institutional Legitimacy

Dogecoin (DOGE), the once-lighthearted meme cryptocurrency, is poised for a significant milestone as it nears potential inclusion in Wall Street trading platforms. This development signals a growing institutional interest in meme-based digital assets, mirroring Bitcoin’s earlier journey from niche curiosity to mainstream financial instrument. Meanwhile, innovative platforms like Unilabs are leveraging artificial intelligence to identify the next generation of high-potention meme coins before they gain widespread attention. As of May 2025, these developments suggest a maturing market where meme cryptocurrencies are increasingly being recognized for their investment potential alongside more traditional digital assets.

Dogecoin Nears Wall Street Debut as Unilabs AI Targets Next Memecoin Gems

Dogecoin’s potential inclusion in Wall Street trading signals growing institutional interest in meme cryptocurrencies. The original joke asset now flirts with mainstream finance legitimacy, mirroring Bitcoin’s earlier trajectory.

Unilabs emerges as a disruptive force with its AI-driven Early Access Scoring System, scanning thousands of blockchain projects to identify high-potential meme coins before market hype. The platform democratizes institutional-grade analytics for retail investors seeking the next DOGE-like breakout.

While Dogecoin benefits from first-mover advantage, Unilabs’ predictive algorithms aim to spot emerging tokens with 10x potential. The market watches whether AI can outperform human traders in identifying viral crypto assets during this memecoin renaissance.

DOGE Craze: Watch the Memecoin Surge with Technical Patterns

Dogecoin (DOGE) is capturing market attention as its weekly chart reveals a rare "Adam and Eve" double bottom formation—a classic bullish reversal pattern. The memecoin has surged 6.69% in the past week, with technical indicators and on-chain data reinforcing optimism. A breakout above $0.56958 could propel DOGE toward $1.08, a NEAR 100% rally from current levels.

The pattern combines a rounded bottom (Eve) spanning mid-2022 to late 2024 with a sharp V-shaped recovery (Adam) in early 2025. Such formations often mark prolonged bear market endings. Whale accumulation and retail FOMO are amplifying momentum, though resistance levels remain key hurdles.

Dogecoin (DOGE) Faces Resistance Amid Accumulation Signals and ETF Potential

Dogecoin’s price retreated 4.97% to $0.2200 despite a 20.57% monthly gain, encountering familiar resistance that has triggered five historical pullbacks. Market dynamics reveal a divergence between short-term volatility and long-term conviction.

Whales have quietly accumulated billions of Doge since January, with $16.91 million recently moved from exchanges to private wallets—a classic hodler maneuver. The cup-and-handle formation on charts suggests a bullish technical target of $0.8630, representing 285% upside potential.

Regulatory developments loom as four firms have submitted DOGE ETF applications to the SEC. Such institutional recognition could transform the meme coin’s market structure, though approval timelines remain uncertain.