Dogecoin Futures Set New Record as Analysts Target $1 DOGE in 2025

Quick Summary:

Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization.

This suggests a strong likelihood that prices will break through the current three-day resistance at $0.40, potentially pushing toward 50 cents and beyond.

That has surpassed a March 2024 peak of 10 billion DOGE, data from CoinGlass shows.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets: United StatesCuba

Topics: Dogecoin Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 09:11:28 (2 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 523 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24958098

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Main Topics: Crypto

Official Website: coindesk.com

Year Established: 2013

Headquarters: United States

News Last Updated: 1 days ago

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