DOGE Poised for 1,000% Surge as Bullish Chart Patterns and Altcoin Season Converge

Dogecoin (DOGE) is capturing significant attention as analysts forecast a potential 10x price surge, driven by a combination of bullish technical patterns and the onset of altcoin season. Independent of celebrity influence, the cryptocurrency is benefiting from improving macroeconomic conditions, including easing inflation fears, which are reducing headwinds for altcoins. This article delves into the factors fueling DOGE's upward momentum and what traders can expect in the coming months.

Dogecoin Price Prediction: Bullish Chart Pattern Signals Potential 1,000% Surge Amid Altcoin Season

Dogecoin (DOGE) is showing strong bullish momentum as analysts predict a potential 10x surge this cycle. Technical analyst Kev highlights a combination of favorable chart patterns and the onset of altcoin season as key drivers, independent of celebrity influence. Macroeconomic conditions are also improving, with easing inflation fears reducing headwinds for altcoins.

Despite regulatory hurdles in the U.S. House—where 210 Democrats and 13 Republicans recently voted against advancing key crypto bills—market sentiment remains cautiously optimistic. The crypto community is closely watching developments around the Genius Act, Clarity Act, and Anti-CBDC Act.

Kev's analysis points to a critical inflection point for altcoins. The USDT dominance chart shows signs of a local top, suggesting capital may rotate into higher-risk assets. The Stochastic RSI breach of overbought conditions further supports this thesis. With the altcoin market cap retesting the $986 billion resistance level, all signs point to an imminent altcoin season.

Republican Lawmaker Rejects GENIUS Act Over CBDC Concerns

The US House of Representatives unexpectedly voted against the GENIUS Act during "Crypto Week," defying predictions of its passage alongside other crypto-related bills. The rejection has stirred market uncertainty, as the legislation was viewed as a critical MOVE toward stablecoin regulation.

Representative Marjorie Taylor Greene, Chairwoman of the Doge Committee, led opposition to the bill, citing its lack of a ban on Central Bank Digital Currencies (CBDCs). "Americans reject a government-controlled digital dollar," Greene asserted, framing the issue as a battle for financial privacy and freedom.

The failed vote exposes deepening divisions in US crypto policy, particularly around CBDCs. With the GENIUS Act stalled, attention shifts to Congress's next steps in shaping digital asset regulation.

Bit Origin Establishes $500M Dogecoin Treasury in Strategic Pivot

Bit Origin Ltd unveiled plans to create a Dogecoin treasury backed by $500 million, marking a strategic shift beyond its core mining operations. The crypto firm will finance the initiative through $400 million in Class A share sales and $100 million in convertible debt, with $15 million already secured for initial DOGE acquisitions.

Dogecoin's market performance shows renewed momentum, trading at $0.2113 with a 14.9% weekly gain. The meme coin has broken through key technical resistance, with the 3-day chart showing a decisive exit from a descending triangle pattern.

'We're evolving beyond infrastructure to engage directly in digital asset value,' said CEO Jinghai Jiang, framing the treasury as a natural progression for Dogecoin's journey from joke to liquid asset. The move signals growing institutional interest in meme coins with established payment utility.