Dogecoin is one of the leading cryptocurrency tokens in the space. The fact that the token is trying hard to break free from resistance and move ahead of the radar speaks volumes about its momentum and pace. The token is now eyeing major price targets as the altcoin index climbs to 53. Will the growing investor interest help DOGE reach new price highs? Let’s find out.
Also Read: DOGE Breaks $0.25 as Whales Buy $250M, Eyes $0.48 Target
Dogecoin: What Is The Token Up To?
Dogecoin is currently gaining mainstream momentum primarily as the token has recently been adopted by a company called Bit Origin. The Bitcoin mining infrastructure firm has adopted DOGE for its treasury, ultimately purchasing $10M worth of DOGE tokens.
Speaking about the firm’s decision to explore DOGE for its meme coin treasury, the firm shared how it believes DOGE is a perfect token for micro payments, “nearing an inflection point.”
“From our experience in mining, we understand the trade-offs that define proof-of-work systems. We see Dogecoin’s utility potential for micropayments nearing an inflection point, driven by renewed developer activity and broader institutional interest in tokenization.” Bit Origin CEO, COO, and Chairman of the Board Jinghai Jiang said in a statement.
In addition to this, the Dogecoin July price chart is also showing signs of a possible surge. Per trader Tardigrade, a notable cryptocurrency analyst, Dogecoin has reached the consolidation top and may enter a “pump” phase to deliver new price peaks.
#Dogecoin has just reached the consolidation top 🔥
— Trader Tardigrade (@TATrader_Alan) July 22, 2025
It will enter a pump phase after playing around this top.$Doge/D1 pic.twitter.com/AtI2kfIFBL
DOGE Price Forecast for July 31st, 2025
As per CoinCodex, Dogecoin price prediction for July 31st includes the token exploring $0.25 price mark actively:
By mid-August, the token is expected to surge and hit a new price peak of $0.31:
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to rise by 16.71% and reach $0.308261 by August 21, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 72 (Greed). Dogecoin recorded 20/30 (67%) green days with 16.92% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: Dogecoin Rises 71% Amid China’s Bit Origin’s $9.9 Million Buy
