Dogecoin price saw a massive rally in late 2024 driven by the hype around the November US elections. However, the meme coin has since entered a sharp correction as interest in meme coins fades and macroeconomic factors including tariffs, weigh on risk assets. With DOGE struggling to regain momentum, traders are now questioning: Will Dogecoin price hit its peak again in 2025? DOGE price today trades at $0.203 after a 5% gain in 24 hours. 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. 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. 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. 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. The post Will Dogecoin Price Hit its Peak Again in 2025? appeared first on CoinGape .
