Dogecoin Price Prediction: DOGE ETF Buzz and Musk Tweets Fuel Bullish Sentiment

Markets 2025-11-08 10:14

The Dogecoin price prediction has turned bullish in an instant, as Elon Musk tweeted, “It is time” to put Dogecoin on the moon. He responded to his old tweet from 2021, which read “SpaceX is going to put a literal Dogecoin on the literal moon.”

The tweet revived considerable bullish sentiment among investors. Additionally, Eric Balchunas, a renowned ETF analyst at Bloomberg, stated that the Bitwise Dogecoin spot ETF could launch 20 days after the 8(a) form was filed on November 6th.


Ironically, the first meme coin, which was created as a joke, is now being adopted by large institutions as a long-term asset of value.

Traders speculate that the DOGE ETF could launch as soon as the US government shutdown ends. Analysts believe the potential institutional inflows into the meme coin’s ETFs could further boost retail demand.

Now, as the DOGE hype builds up again, retail traders are flocking to a new player, Maxi Doge (MAXI), that is reviving DOGE with modern-day humour.

Dogecoin Price Prediction: Ready for $0.18 Rebound or $0.14 Crash? 

The Dogecoin price is exhibiting strong bearish indications, supported by broader market weakness. Over the past seven days, the meme coin has declined by nearly 12%, reaching a new monthly low of $0.156.

Currently, DOGE price action is in consolidation mode, showing indecision of investors after the recent decline. The $0.15 support is acting as a lower boundary for the coin.  Some experts believe that a rebound could follow a similar pattern to early September.

Butterfly shared on X that DOGE holders should watch closely, as Dogecoin looks ready for a strong move from its current price. The analyst noted that the top meme coin is testing the lower edge of a symmetrical triangle, a key support zone that has held firm thus far. According to Butterfly, buying pressure is rising quickly, hinting that Dogecoin could soon break upward.

Dogecoin Price Prediction: DOGE ETF Buzz and Musk Tweets Fuel Bullish Sentiment
Image Courtesy: TradingView

Doge’s 1-hour chart displayed a bullish market structure, with the price trading above the 5-, 10-, and 20-day moving averages. The presence of short-term moving averages indicates upward momentum, suggesting that buyers have the upper hand.

A rise in this area usually signals an increase in trader market activity, which is a hint of increased volatility and big price movements. A breach of the $0.15 barrier may trigger a rally in the Dogecoin price, fueled by rising market interest and bullish momentum.

Maxi Doge Quietly Becomes 2025’s Smartest Investment Bet

Dogecoin Price Prediction: DOGE ETF Buzz and Musk Tweets Fuel Bullish Sentiment

While the Dogecoin price prediction suggests a possible bullish trend, investors are opting for a fresh meme contender, which is reportedly the best meme bet of 2025. Enter Maxi Doge (MAXI), a presale that embodies full degenerate culture and is garnering massive investor attention.

Its native token, MAXI, is currently in the presale phase for $0.000267 each, a low-cost entry point for this high-potential project. The presale has already raised over $3.92M in funding, reflecting the massive hype surrounding this meme. Market analysts are already forecasting over 10x gains for this emerging project.

Why investors are watching Maxi Doge:

  • Nearly $4 million raised with 80 million tokens sold

  • 1,000x leverage for ICO adopters

  • An estimated 78% p/a staking rewards

  • Low token price: $0.000267

Despite weak market conditions, the project has demonstrated high relative strength and has positioned itself apart from meme coins. Although uncertainties like the pace of adoption, market jitters, and regulatory clarity continue to linger, Maxi Doge has strong community support, utility, and explosive potential.

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This content is for informational purposes only and does not constitute investment advice.

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