Dogecoin, the leading meme token of the cryptocurrency market, is currently sitting at $0.17, up 1% in the last 24 hours. The token is part of the rising ETF narrative, applications of which are still pending with the US SEC. Dogecoin is yet to deliver a stellar price trajectory, keeping its investors coiled in anticipation. Will DOGE be able to hit a new price mark this April 2025? Let’s find out.
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Dogecoin: What’s New?
Dogecoin is currently trading at $0.17, up 1% in the last 24 hours. The token has lately been unable to attract a bullish price pace, struggling under the radar for the past few days. At the same time, Tesla chief and avid DOGE supporter Elon Musk shared a new update about the token. Musk stated how the US government has no plans to adopt Dogecoin for any of its work proceedings, ushering an acute selling pressure that affects its current momentum.
“There are no plans for the government to use Dogecoin for anything as far as I know.” Musk shared the update in Wisconsin.
After Musk assumed the reins of D.O.G.E., anticipation of Dogecoin being deployed with the government one way or the other continues to gain mainstream momentum. This development played a crucial role in fueling Dogecoin’s price. However, Musk’s strong refusal has led Dogecoin to plummet, stabilizing at $0.17 at press time.
Per Javon Marks, a leading financial expert, DOGE can still gain momentum, eying a 270% surge to $0.65 if the market continues to help stabilize the token.
“$DOGE (Dogecoin) is holding another set of higher lows, and so far since its low, each time this has happened, a surge in price to higher levels has happened! With the target at $0.6533, prices can be setting up for the next wave in an over +270% run to reach & break above it.”
$DOGE (Dogecoin) is holding another set of Higher Lows and so far since its low, each time this has happened a surge in price to higher levels has happened!
— JAVON⚡️MARKS (@JavonTM1) April 1, 2025
With the target at $0.6533, prices can be setting up for the next wave in an over +270% run to reach & break above it. https://t.co/VJHPtfN3gb pic.twitter.com/T9UE0d9mwI
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The Token’s Price Path Ahead
Per CoinCodex, DOGE may surge to sit at $0.47 by April 5th, 2025.
By the end of April, the token may surge 227% to hit a new price mark of $0.57.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to rise by 229.55% and reach $ 0.570978 by April 28, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 26 (fear). Dogecoin recorded 15/30 (50%) green days with 8.93% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a bad time to buy Dogecoin.”
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