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Dogecoin ($DOGE) Crypto Forecast: Up 5.0% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is Dogecoin?

DOGE, a popular meme-inspired cryptocurrency, experienced a strong bullish movement today amidst the overall cryptocurrency market stability.

Why is Dogecoin going up?

DOGE crypto is up 5.0% on Nov 24, 2025 18:00

  • Grayscale Dogecoin Trust ETF (GDOG) started trading on NYSE Arca, marking the first Dogecoin ETP in the U.S., which likely increased institutional interest and confidence in DOGE.
  • Despite the disbandment of Elon Musk's DOGE-related government initiative, DOGE rallied, possibly due to a buy signal from a popular analyst and increased trading volume.
  • The approval of Grayscale DOGE ETF by NYSE could have further boosted investor sentiment and contributed to the bullish movement of DOGE.
  • The overall stability in the cryptocurrency market, with Bitcoin hovering around $86,000 and inflows into Bitcoin and Ethereum ETFs, might have provided a positive backdrop for DOGE's upward movement.

DOGE Price Chart

DOGE Technical Analysis

DOGE News

Grayscale Dogecoin Trust ETF ( Ticker: GDOG ) Begins Trading on NYSE Arca as First Dogecoin ETP in the U.S.

Grayscale Dogecoin Trust ETF (Ticker: GDOG) Begins Trading on NYSE Arca as First Dogecoin ETP in the U.S.

https://www.globenewswire.com/news-release/2025/11/24/3193483/0/en/Grayscale-Dogecoin-Trust-ETF-Ticker-GDOG-Begins-Trading-on-NYSE-Arca-as-First-Dogecoin-ETP-in-the-U-S.html

0 News Article Image Grayscale Dogecoin Trust ETF  ( Ticker: GDOG )  Begins Trading on NYSE Arca as First Dogecoin ETP in the U.S.

Bitcoin AT $86,000, Ethereum, XRP, Dogecoin Stabilize On Monday Open

Bitcoin is trading around $86,000 on Monday morning, with liquidations topping $220 million over the past 24 hours. Bitcoin ETFs saw $238.5 million in net inflows on Friday, while Ethereum ETFs pulled in another $55.7 million.

https://www.benzinga.com/crypto/cryptocurrency/25/11/49026340/bitcoin-at-86000-ethereum-xrp-dogecoin-stabilize-on-monday-open

1 News Article Image Bitcoin AT $86,000, Ethereum, XRP, Dogecoin Stabilize On Monday Open

Dogecoin Rallies Even As Musk-Floated DOGE Initiative Ends: Popular Analyst Sees 'Buy Signal' That Previously Led To 101% Rebound

Dogecoin ( CRYPTO: DOGE ) traded higher overnight Sunday, despite the Department of Government Efficiency, the once-hyped government cutting initiative by Elon Musk, getting disbanded. The popular memecoin was up over 2% in the last 24 hours, with trading volume rising 2.43% to $1.5 billion.

https://www.benzinga.com/crypto/cryptocurrency/25/11/49024789/dogecoin-rallies-even-as-musk-floated-doge-initiative-ends-popular-analyst-sees-buy-signal-

2 News Article Image Dogecoin Rallies Even As Musk-Floated DOGE Initiative Ends: Popular Analyst Sees 'Buy Signal' That Previously Led To 101% Rebound

Department of Government Efficiency Winds Down Despite Months Left To Run: Report

The administration's DOGE office has gone dormant months early as the White House weighs easier paths to close federal units.

https://decrypt.co/349772/department-government-efficiency-winds-down

3 News Article Image Department of Government Efficiency Winds Down Despite Months Left To Run: Report

NYSE approves Grayscale DOGE and XRP ETFs, clearing launch for Monday

NYSE Arca has greenlit the launch of Grayscale's exchange-traded funds tied to Dogecoin and XRP, with the products set to go live for trading on Monday.

https://cointelegraph.com/news/nyse-approves-grayscale-doge-xrp-etfs-clearing-launch-monday

4 News Article Image NYSE approves Grayscale DOGE and XRP ETFs, clearing launch for Monday

Dogecoin Price History

24.10.2025 - DOGE Crypto was up 5.0%

  • Grayscale Dogecoin Trust ETF (GDOG) started trading on NYSE Arca, marking the first Dogecoin ETP in the U.S., which likely increased institutional interest and confidence in DOGE.
  • Despite the disbandment of Elon Musk's DOGE-related government initiative, DOGE rallied, possibly due to a buy signal from a popular analyst and increased trading volume.
  • The approval of Grayscale DOGE ETF by NYSE could have further boosted investor sentiment and contributed to the bullish movement of DOGE.
  • The overall stability in the cryptocurrency market, with Bitcoin hovering around $86,000 and inflows into Bitcoin and Ethereum ETFs, might have provided a positive backdrop for DOGE's upward movement.

23.10.2025 - DOGE Crypto was up 5.8%

  • Dogecoin experienced a strong bullish movement despite the overall bearish sentiment in the crypto market.
  • The launch of a new exchange-traded fund (ETF) aiming to provide leveraged exposure to Dogecoin might have sparked renewed interest and buying activity in the token.
  • While other meme coins faced selling pressure and extended losses, Dogecoin managed to defy the trend, likely due to the positive sentiment surrounding the debut of the Dogecoin ETF.
  • The broader risk-off sentiment in financial markets triggered by a hotter-than-expected U.S. jobs report did not seem to significantly impact Dogecoin's price movement, indicating a strong bullish sentiment specific to the token.

18.10.2025 - DOGE Crypto was down 5.4%

  • DOGE saw a significant drop today, falling below 16 cents and revisiting a key support level.
  • The recent downward pressure on meme coins like DOGE is linked to the prevailing negative sentiment in the cryptocurrency market.
  • Despite transitioning from a meme to a legitimate cryptocurrency, DOGE's price movement is currently influenced more by market factors than its fundamental development.
  • The differing momentum of DOGE compared to other meme coins such as Shiba Inu (SHIB) suggests a change in investor preferences, with DOGE potentially preparing for a breakout while SHIB struggles with a persistent downtrend.

18.10.2025 - DOGE Crypto was down 5.1%

  • The downward trend in DOGE can be linked to the prevailing pessimistic sentiment in the cryptocurrency market, evident in the increased selling pressure on meme coins like DOGE, Shiba Inu, and Pepe.
  • Falling below the 16 cents mark and revisiting a crucial support level potentially prompted traders to sell, aiming to profit from a possible further decline.
  • Speculation surrounding the launch of a DOGE ETF by Grayscale on Monday may be introducing uncertainty and volatility into the market, prompting some investors to secure gains or reduce their DOGE exposure.
  • The contrasting trajectories of DOGE and Shiba Inu, with DOGE displaying signs of a breakout-ready wedge while SHIB remains in a downtrend, might have influenced traders to adjust their positions, contributing to DOGE's downward movement.

18.10.2025 - DOGE Crypto was up 6.3%

  • The intention of a name change and the anticipated listing of Grayscale Dogecoin Trust by Grayscale Investments could have boosted investor confidence in DOGE.
  • The upcoming launch of a Dogecoin ETF and the positive outlook for meme coins like DOGE despite recent price retracements might have attracted more investors to the token.
  • The news of various crypto ETFs going live, including the VanEck Solana ETF and the expected Grayscale DOGE ETF, could have created a positive sentiment around cryptocurrencies in general, benefiting DOGE as well.
  • Dogecoin's price holding above a key support level and returning to a rising trendline may have also contributed to the bullish movement, indicating strong technical support for the token.

18.10.2025 - DOGE Crypto was up 5.2%

  • The launch of a Dogecoin ETF and the high burn rate of Shiba Inu may have fueled positive interest in DOGE.
  • Despite the waning demand for meme coins like DOGE and SHIB, the expectation of additional crypto ETFs, including a potential Grayscale DOGE ETF, could have bolstered DOGE's value.
  • Dogecoin's rebound to a crucial support level and its ability to maintain above an important trendline might have boosted investor confidence, resulting in a bullish trend.
  • While meme coins encountered selling pressure amid a bearish market sentiment, DOGE defied this trend, potentially due to specific catalysts and technical levels supporting its price performance.

21.10.2025 - DOGE Crypto was down 6.8%

  • The debut of the 21Shares 2x Long Dogecoin ETF sparked enthusiasm in the Dogecoin community, reflecting a positive sentiment towards the token.
  • Nonetheless, DOGE encountered a notable decrease of over 5.4% attributed to a broader risk-off atmosphere in financial markets influenced by a robust U.S. jobs data.
  • The emergence of leveraged DOGE ETFs like TXXD targeted at risk-tolerant investors likely contributed to the volatility and downward pressure on Dogecoin's value.
  • In spite of reaching notable achievements with collaborators such as House of Doge and 21Shares, today's market performance of DOGE underscores the sway of external factors overshadowing favorable advancements within the Dogecoin network.

21.10.2025 - DOGE Crypto was down 10.9%

  • DOGE dropped over 5.4% today amid a broader risk-off sentiment in financial markets caused by a hotter-than-expected U.S. jobs report.
  • A new 2x leveraged Dogecoin ETF launched on the Nasdaq stock exchange initially boosted optimism but was not enough to support DOGE's price amidst the overall market sentiment.
  • Despite the introduction of leveraged ETFs and partnership celebrations, DOGE's price could not withstand the market's selling pressure, resulting in the bearish movement.
  • Bearish momentum has been increasing in meme coins like DOGE, SHIB, and PEPE, suggesting a wider correction in the speculative cryptocurrency sector and reflecting investors' cautious approach towards riskier assets.

21.10.2025 - DOGE Crypto was down 5.4%

  • DOGE tumbled over 5.4% due to a broader risk-off sentiment triggered by a hotter-than-expected U.S. jobs report, impacting various assets including cryptocurrencies.
  • The launch of a new leveraged DOGE ETF, offering investors 2x daily exposure to Dogecoin, could have added to the selling pressure as traders may have taken profits or adjusted their positions.
  • Despite the current bearish trend, technical analysis suggests a potential bullish chart pattern forming, hinting at a possible breakout towards 80 cents in 2026, providing a glimmer of hope for DOGE investors amidst the current market downturn.

21.10.2025 - DOGE Crypto was down 10.7%

  • DOGE exhibited a bearish trend in line with other cryptocurrencies, including Bitcoin, XRP, SHIB, and PEPE, amidst a market-wide liquidation exceeding $2.2 billion.
  • The launch of a new leveraged ETF for DOGE on Wall Street did not bolster its price, as a broader risk-off sentiment in financial markets, influenced by a strong U.S. jobs report, resulted in a decline in DOGE's value.
  • Despite attempts to appeal to risk-tolerant investors with a 2x leveraged DOGE ETF, the cryptocurrency continued to decline, reflecting the deepening bearish momentum across meme coins.
  • Today's dip in DOGE's price was influenced by prevailing market conditions and macroeconomic factors, which overshadowed any positive developments like the introduction of new investment products.

19.10.2025 - DOGE Crypto was down 8.4%

  • DOGE has recently faced a notable decline in value, dropping by more than 20% in the last month and experiencing a 37% decrease since the October 10 flash crash.
  • Despite positive shifts in key metrics and expectations for the approval of the first DOGE ETF, the cryptocurrency's price continues to face downward pressure.
  • The overall instability in the cryptocurrency market is a likely factor in DOGE's recent market performance, exemplified by a significant flash crash that resulted in the liquidation of over $19 billion in crypto assets within a single day.
  • Optimism stemming from the announcement of plans to include Grayscale Dogecoin Trust and the upcoming Dogecoin ETF launch may have emerged, but prevailing market sentiment appears to be steering DOGE on a bearish trajectory.

19.10.2025 - DOGE Crypto was down 5.0%

  • Dogecoin (DOGE) faced a significant decline, losing 37% of its value following the October 10 flash crash, despite positive outlooks in the derivatives market.
  • The diminishing interest in meme-based cryptocurrencies like DOGE signals cautious trading behavior among investors, resulting in further declines.
  • Although the initial news of the Grayscale Dogecoin Trust listing and the future launch of a Dogecoin ETF generated optimism, they were unable to sustain DOGE's upward trend.
  • The general sentiment towards meme coins and the broader cryptocurrency market correction contributed to DOGE's downturn, overshadowing industry advancements.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.