Dogecoin, launched as Mim Crypto, has become a serious asset class today. Doge is trading at $ 0.162 until the news is written and its market cap is $ 24.1 billion. It has recorded a rise of 3.4% in 24 hours, but in the last one month it has fallen 3.89% and 0.68% in the last one year. However, since the beginning, this token has given a return of around 28,849.98%. In such a situation, the supporters of Dogecoin have only one hope that when it will touch the $ 1 milestone.
Dogecoin’s performance and social media strength
The biggest reason for the success of Dogecoin has been its strong and active community, which is often supported by Elon Musk. In November 2024, due to just one tweet and social media craze, Doge also left behind the market cap of a large automobile company like Porsche. Every time Dogcoin Worth It has increased rapidly, there is some meme, tweet or viral content behind it. If there is a fun dog-supporting task from Elon Musk in future also, then its price can be seen again.
DOGE ETF is the center of biggest hope
The big jump in the price of Dogecoin can be seen when the American sec approves a dog based ETF. Currently, four big companies have applied to SEC for BitWise, Grayscale, Osprey and 21Shares, DOGE ETF. These include a decision on 21 May 2025 on the filing of Grayscale and on the filing of BitWise on 18 May 2025. If any of these get approval, then the flow of institutional investors in Dogecoin will increase, which makes the price a jump between 30% to 50%.
When can Dgecoin reach $ 1?
According to the technical and sentimental analysis made by Chatgpt, if everything is positive, such as ETF approval is received, continuous support on social media and support of Elon Musk remains, then DOGE can reach $ 1 in the next few stages.
According to the Chatgpt Dogecoin Prediction, Q3 can cost between $ 0.25 to $ 0.35 by 2025. If the trend continues, it can reach $ 0.50 to $ 0.65 by Q1 2026. From Q3 to this Autumn from $ 0.85 to $ 0.95 from 2026. Finally, Doge can touch $ 1 milestone by early 2027However, it all depends on the crypto market to remain stable and go in favor of the major events.
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Conclusion
The journey of Dogecoin has been from Mim to Mainstream and is now emerging as a strong crypto asset. The price of $ 1 is a large psychological target, which will completely deliver the dog to a new league. If the support of ETF approval, social media hyp and Elon Musk continues at the right time, then Dogecoin can reach $ 1 by the beginning of 2027But for this, investors will have to be patient and keep a close watch on every speed of the market.
