Will Dogecoin Price Hit its Peak Again in 2025?

Explore if Dogecoin price can rally to its 2021 peak this year amid institutional interest despite a bearish sentiment in the broader market.
By muthoni
Updated June 12, 2025
Will Dogecoin Price Hit its Peak Again in 2025?

Highlights

  • Dogecoin price can hit its peak in 2025 if institutional adoption through an ETF happens.
  • The Dogecoin community is also speculating about the possible integration of DOGE payments on X, which may fuel gains.
  • Institutions are gaining exposure to DOGE after the Grayscale Dogecoin Trust hit $1.8M in assets under management.

Dogecoin price last reached its peak of $0.73 in 2021. Since then, declining hype and fading market interest have weighed on the meme coin. Moreover, recent macroeconomic factors such as a looming trade war have affected the demand for risk assets, with investors now wondering whether the Dogecoin price could hit its peak again in 2025. In this article, we explore why DOGE is likely to reach an ATH despite the current gloomy sentiment.

DOGE price today trades at $0.199 after a 6.4% gain in 24 hours. 

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Dogecoin Price in Focus Amid Potential Adoption and Institutional Interest 

Dogecoin price last reached its all-time high of $0.73 in May 2021. The surge at the time was driven largely by Elon Musk endorsements and social media hype. If Musk were to revive Dogecoin’s popularity with a major move like integrating DOGE payments on X, the meme coin could replicate its 2021 rally. 

Recent speculation suggests Musk might explore DOGE payments. Cardano founder Charles Hoskinson has teased his interest in helping Musk integrate DOGE payments and suggested that the Dogecoin blockchain can be improved to power the Grok 3 AI model. If this were to happen, Dogecoin price could hit its peak of $0.73 in 2025. 

Another catalyst that could drive gains for Dogecoin price is institutional interest. In late January, Grayscale launched the Dogecoin Trust, which pushed Dogecoin’s legitimacy in traditional finance. This product already has $1.8M in assets under management. 

Will Dogecoin Price Hit its Peak Again in 2025?
Grayscale Dogecoin Trust

Additionally, the SEC has until October 2025 to decide on Grayscale’s application for a spot Dogecoin ETF. If approved, this ETF could fuel a bullish Dogecoin price prediction and potentially fuel a rally to its all-time high. 

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DOGE Price Analysis – Will DOGE Hit an ATH in 2025? 

Dogecoin has a bullish outlook on its weekly chart after forming a cup and handle pattern. This pattern indicates a potential breakout to the upside. 

If the momentum in the broader market were to shift and the Dogecoin price resumes its bullish trajectory, it needs to flip resistance at $0.28. Doing so would trigger a rally to resistance at $0.54, which could place Dogecoin on the path toward its peak level of $0.73. 

The Awesome Oscillator is falling, showing that the bearish momentum is growing weak, which may trigger a bullish price reversal. The ADX is also tipping south, suggesting that the bearish momentum in the cup’s handle is weakening, which may spark a reversal to the upside.

Will Dogecoin Price Hit its Peak Again in 2025?
DOGE/USDT: 1-week Chart

This bullish technical outlook and catalysts such as institutional adoption and potential DOGE payments on X may lead to Dogecoin price reaching its peak in 2025. However, for DOGE to make a rally to a record high in the near term, there needs to be a surge in buying activity. 

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Frequently Asked Questions (FAQs)

1. Can Dogecoin hits its peak in 2025?

Dogecoin price could hit its peak in 20205 if institutional interest grows and a possible adoption of DOGE payments on X happens.

2. Will Elon Musk bring DOGE payments to X?

Musk has not confirmed that he will bring DOGE payments to X. However, Cardano founder has offered to help Musk achieve this adoption.

3. Will a Dogecoin ETF be approved in 2025?

The SEC has until October to give its final decision on a spot DOGE ETF. The crypto-friendly approach of the new SEC chair increases the chances of the product being approved.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
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