Dogecoin to $3 in August? Here’s Why the Meme Coin Might Skyrocket

Dogecoin's price action is turning heads—again. After months of sideways movement, the OG meme coin shows signs of life, with whispers of a $3 breakout before August ends.

What's fueling the hype?

First, whale activity spiked. On-chain data reveals a cluster of seven-figure DOGE buys in the past 48 hours—classic accumulation before a volatile move. Then there's the Elon factor: Tesla’s CEO just tweeted a Shiba Inu gif (no captions, maximum chaos). Markets now treat his dog pics as macroeconomic indicators.

Technical setup looks spicy too. DOGE just reclaimed its 200-day moving average, a line institutional traders treat as a bull/bear battleground. Next resistance? The $1.50 zone where paper hands got wrecked in 2021.

But let’s be real—this is crypto. Fundamentals include ‘number go up’ and ‘vibes.’ If retail FOMO returns, $3 isn’t a meme. Just ask the hedge funds still trying to explain their 2021 DOGE bags.

DOGE Price Action Hints at Major Rally as Bulls Eye $3 and Beyond

Trader Optimism around Dogecoin remains high, as the meme coin trades above its key moving averages (20-day, 50-day, and 200-day EMAs). Interestingly, the 50 EMA also crossed above the 200 EMA recently, confirming a golden cross on the daily chart. These EMAs often act as dynamic support zones during healthy uptrends.

In simple words, this means that Dogecoin keeps trading above crucial support levels, confirming the continuation of the upward trend we’ve seen over the past week.

Looking ahead, Doge bulls will now target the next major resistance level at $0.247. A close above this level could finally unlock a rally toward $0.27, and potentially reach its February highs of $0.3.

It’s worth noting that since its June lows, Dogecoin has seen a streak of higher highs and higher lows on impressive volumes. On the other hand, the recent pullbacks in the meme coin’s price have been on relatively lower volumes, which is a typical indication of accumulation.

Chart watcher EWT says Dogecoin has finally smashed through its long-running downtrend line, marking the start of a powerful Wave 3 in his Elliott-wave count. They believe Dogecoin could be on the verge of a massive breakout.

$DOGE DOGEUSD fantastic break out ongoing. Now there will be no mercy. Any bear will be sent to Valhalla.

Next target for Wave (3) (blue) 👉 between $2.3 – $3.2 https://t.co/ZKlldUiSxW pic.twitter.com/foacFYBUfu

— EWT (@EWcycles) July 18, 2025

If the pattern unfolds as expected, the analyst has highlighted the next major upside zone between $2.30 and $3.20, which is a potential 10- to 13-fold jump from today’s price.

While whales double down on DOGE, crypto insiders note that the next moonshot with 50x or 100x gains could come from a lower-cap meme coin. This is why more big money is now rotating into Maxi Doge, a new project carrying the torch of meme culture into bolder territory, ahead of the next meme coin bull run.

Why Maxi Doge’s Muscular Meme Branding Could Power Massive Gains

Maxi Doge is a recently launched ERC-20 meme token that takes the Dogecoin concept and dials it up to eleven. The meme coin embraces a degen trader persona, where its mascot is a muscular version of the Shiba Inu that lives on adrenaline and places outrageous 1000x bets.

The project is fully focused on capturing a market share through HYPE and virality and has opted for a pure meme coin approach rather than distracting from its mission with supplementary use cases.

Looking ahead, Maxi DOGE plans to host exclusive trading contests and weekly leaderboards for MAXI holders. The team is even planning to enter into partnerships with futures trading platforms and run gamified trading tournaments.

To support its longevity, Maxi Doge also intends to establish a dedicated “Maxi Fund” to boost liquidity and fund strategic partnerships as it grows. With 25% presale funds allocated to Maxi Fund and a further 40% to marketing, the team should have plenty of resources to launch a viral marketing campaign and secure key listings.

An analyst from the popular YouTube channel Crypto Tech Gaming believes Maxi Doge is still in its presale sweet spot, allowing buyers to grab tokens NEAR the opening price of $0.000025. He highlights that MAXI’s “gym-bro doge” persona could appeal to traders chasing 1,000x gains while its community-focused tokenomics pave the way for broader adoption.

Maxi Doge also provides a fully fleshed out roadmap, complete with four-stages, which culminates in eventual CEX/DEX listings. Securing a listing with a tier-one exchange could be a crucial factor for MAXI’s long-term growth.

You can visit Maxi Doge’s official presale website to buy MAXI tokens at a discount during the presale phase. You can then immediately stake your token holdings for a high passive yield of up to 429% annually.

Visit Maxi Doge Presale