Dogecoin Surges Toward $0.25 as Whales Buy $200M in DOGE, Analysts Eye $0.27 and Beyond
Dogecoin (DOGE) has jumped 12% in the past 24 hours, reaching $0.26 and marking a 24% weekly gain. The rally comes as blockchain data shows whale wallets accumulating 1.08 billion DOGE worth over $200 million, now holding about 50% of the circulating supply.
A confirmed Golden Cross on DOGE’s daily chart — historically a bullish signal — is reinforcing the uptrend, with analysts identifying $0.20 as a strong support zone. Large holders have often used the $0.23–$0.25 range as a launchpad for bigger moves. 
Options volume surged 80% to $932 million, and futures open interest rose 16% to $3.7 billion, with neutral funding rates suggesting the rally isn’t overly leveraged. Adding to optimism, Polymarket estimates a 75% chance of U.S. approval for a spot Dogecoin ETF, with filings from 21Shares, Grayscale, and Bitwise under SEC review.
Analysts see more upside ahead — near-term targets sit at $0.27, while bold long-term projections range from $2 to over $6.94 if momentum and institutional adoption continue.
