Ali Martinez predicts that DOGE could exceed 3 USD in 48 hours due to historical price behavior. Despite currently hovering around 0.32 USD, industry analysts foresee a potential rise past 2 USD, possibly reaching 4 USD if bullish trends persist.
Bitwise’s recent ETF application for DOGE may catalyze significant price movements. Approval, with a 56% chance in 2025 according to Polymarket, could attract increased investment, potentially mirroring the effects seen post Bitcoin ETF approvals.
While optimism exists for DOGE’s future, analysts note that any rally may be followed by short-term corrections, as the token’s market cap would need to surge from below 50 billion USD to nearly 500 billion USD for a true 900% increase.