1.08 Billion Dogecoin (DOGE) in 48 Hours

Right, so, Dogecoin. Yes, *that* Dogecoin. The one with the dog. 🐶 Apparently, it’s been having a bit of a moment. Crypto analysts—and we use the term loosely, as anyone with a laptop and an opinion can call themselves that these days—are flapping about something called “whale activity.” Which, in crypto-speak, means really big people buying really big amounts of something. Specifically, a rather substantial 1.08 billion DOGE has found its way into the pockets of those who apparently have more pockets than sense. It all happened in 48 hours, which, when you think about it, is hardly enough time to brew a decent cup of tea. ☕

Bitcoin, being the loud, showy older sibling, decided to hit a new high of $123,000 (a number that sounds utterly improbable, frankly). Naturally, Dogecoin felt it needed to participate in this display of monetary exuberance. It’s like that friend at a party who tries a little too hard to be noticed. The GENIUS Act, which sounds like something a very clever hamster might write, has also apparently helped things along. Legislation, you see, can be quite the catalyst. Who knew?

A company called Bit Origin—whose business seems to involve shiny Bitcoin mining equipment and, now, a startling investment in Dogecoin—has announced a $500 million purchase. Five. Hundred. Million. Dollars. On *Dogecoin*. One wonders what they’ll do when they realize… well, never mind. Let’s not spoil the fun. 🤷‍♂️

Dogecoin’s Probable Future (According to People Who Get Paid to Guess)

Dogecoin has been mildly cheerful for five days in a row, climbing from a low of $0.188 to a high of $0.257. Analysts are calling this a “bullish breakout.” Which, if you’ve never witnessed a bull break out, it’s not quite as exciting as it sounds. It’s more like a slightly agitated heave. It’s up 48% in a month, which is impressive, but still a long way off its 2021 peak. Think of it as climbing Mount Everest…with one leg. ⛰️

Traders are now waiting with bated breath for… well, something to *happen*. They’re hoping all this accumulation—all those whales filling their digital pockets—will eventually lead to a proper upward trajectory. Or, you know, a slight wobble. The retail traders (that’s you and me, folks) are apparently needed to join the party and wave the flags. 🚩

Our esteemed analyst Ali suggests that if Dogecoin manages to conquer the $0.20 hurdle (a feat akin to a particularly ambitious snail scaling a wall), the next big challenge will be $0.36. Because, of course, targets must be conquered.

Apparently, the charts are showing a “classic double bottom pattern,” which is apparently a very trustworthy sign of things to come. It broke out of a “descending channel” – whatever that is. It sounds vaguely unpleasant, like a very narrow pipe with something moving down it. 🚼 They’re all rather excited about this change in “momentum,” which is crypto-speak for “things might go up, or they might not.” Don’t say we didn’t warn you. 😉

2025-07-19 16:01

Dogecoin’s Probable Future (According to People Who Get Paid to Guess)

Read More