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Crypto Daily 2025-05-16 14:07:50

Dogecoin Price Prediction: Forget $1 DOGE, The Experts Think $3 Is On The Cards In 2025

The Dogecoin price prediction has recently taken a significant bullish turn after a strong breakout pushed DOGE from under $0.17 to a peak just above $0.249. This surge returned a 36% gain within a week, but according to network activity and on-chain metrics, analysts are now tracking signals that suggest an interesting twist. Experts believe DOGE is on a path to surpassing the $1 milestone to reach $3 before the end of this bullish cycle. This bold Dogecoin price prediction is based on smart money footprints, institutional interest, and technical indicators. Let's delve deeper! Dogecoin’s strategic whale accumulation signals a major breakout In May, renowned analyst Ali Martinez revealed that whales snapped up over 600 million DOGEin just 48 hours. This accumulation, captured in on-chain data from Santiment, reflects heightened activity among wallets holding between 100 million and 1 billion DOGE. Source: Ali Martinez on X Historically, whale accumulation of such magnitude is often a precursor for major price rallies, as it often indicates confidence among large investors. The timing of this accumulation aligns closely with Dogecoin’s growing on-chain metrics despite the slight retracement in its price. Divergence between the Dogecoin price and on-chain metrics points to a bull run The Dogecoin on-chain metrics have been hitting all-time highs since the beginning of 2025, even when its price was steadfast to the bearish momentum in the market. Recently, Glassnode, an on-chain and financial insight provider, spotted the divergence occurring between Dogecoin’sspot price and futures interest. Source: Glassnode on X Typically, DOGE’s spot price movements align closely with speculative activity in futures markets. However, Dogecoin open interest continued to increase, from $989 million to $1.62 billion in May, even after the price pulled back. This positive growth indicates persistent speculative positioning, a setup the analytic platform believes is worth monitoring. Dogecoin price reacts positively to the spot DOGE ETF review The Dogecoin price reacted positively in May as the SEC officially acknowledged the spot Dogecoin ETF filing from 21Shares. CoinMarketCap data reports that DOGE rallied 6% when the news broke, as against the short-term price decline experienced in the meme sector. This price behaviour is a signal that DOGE's growing institutional influence could catapult its price toward $3, especially if a Dogecoin ETF is approved in 2025. According to Polymarket, the probability of approval for a Dogecoin ETF has risen to 62%, and Bloomberg analysts predict a 75% chance of approval by 2025. Remittix: The new explosive crypto with raw PayFi utility Source: Remittix Remittix is the crypto-to-fiat payment network that has captured massive investor interest with its revolutionary cross-border PayFi payment solutions. While maintaining DOGE’s explosive status, its value proposition is different from Dogecoin because it is backed by true utility, which protects it from the rapid volatility of the crypto market. This platform weaves the speed of crypto with the convenience of fiat, eliminating the long processing times and expensive fees that consumers face when sending international wires. Presale investors have poured nearly $15 million into the Remittix ICO launch as whales line up to accumulate this presale gem at a discount after gathering over 535 million tokens. Analysts suggest a 1,000% surge for early backers as Remittix adoption enters new territories in the global payment sector. Conclusion This Dogecoin price prediction emphasized a major shift in Dogecoin on-chain metrics as a key technical pattern indicating ongoing bullish control. Our experts believe DOGE successfully holding its current support at $0.25 could set the stage for the Dogecoin price to target $3 in this bullish cycle. Yet, Remittix’s raw PayFi utility is turning heads with its 1,000% projections in Q2. RTX tokens are available at $0.0757. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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