• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Dogecoin Shiba Inu

Here’s Why Today Is Important To Dogecoin And Price Could Rally In Response

Scott Matherson
by Scott Matherson
8 months ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin is in focus today, as it happens to be an important day for the foremost meme coin. Given the amount of attention it is set to gain today, DOGE could experience a significant rally.

Dogecoin Turns 11 And Could Enjoy A Milestone Rally 

Dogecoin turns 11 today. The meme coin was launched on December 6, 2013, by Billy Markus and Jackson Palmer. DOGE was created as a “joke” and parody of Bitcoin but has become one of the largest cryptos by market cap. Meanwhile, Dogecoin is only just behind as the second-largest proof-of-work (PoW) blockchain by market cap. 

Related Reading: How XRP Will Play A Role In The Dogecoin Price Reach $3-$5 In 2025

To celebrate its eleventh birthday, DOGE could witness a significant rally today as market participants focus on the foremost meme coin. Crypto analyst Master Kenobi also suggested that DOGE could record a price surge today. Interestingly, based on his recent analysis, Dogecoin is well primed for its next leg up, having consolidated for around 25 days after its first bull phase, just like in the 2021 bull run. 

Therefore, Dogecoin’s birthday could be the catalyst for the next price breakout. Master Kenobi predicted that DOGE could reach $1 on its next leg up and rally to as high as $2.9, depending on how parabolic the pump is. Meanwhile, crypto analyst Kevin Capital predicts that the next rally could pave the way for Dogecoin to reach the macro golden pocket between $3.8 and $4. 

Coincidentally, ahead of Dogecoin’s birthday today, Elon Musk and Vivek Ramaswamy, who lead DOGE, a government initiative named after the meme coin, had spoken to congress members yesterday about their plans for the Department. Musk and Ramaswamy are forging ahead with their plans for DOGE, which indirectly provides a bullish outlook for DOGE. 

The DOGE department was one of the factors that contributed to the first phase of the Dogecoin bull run, which began in October. Musk indirectly shilled the meme coin through the DOGE initiative in the build-up to the US presidential elections, which led to significant rallies for the foremost meme coin. 

DOGE Is Ready For Another Bull Rally

Crypto analyst Captain Faibik also confirmed that Dogecoin is ready for another bullish rally. The analyst’s accompanying chart showed that DOGE could rally to as high as $0.68 on this next leg up before it possibly reaches the other targets, which other crypto analysts like Master Kenobi and Kevin Capital. 

Related Reading: Fibonacci Levels Indicate XRP Price Rally Will Continue For 80% Upsurge – What You Should Know
Dogecoin price december 6
Source: X

Crypto analyst Jacob Canfield also suggested that DOGE was well primed for that next leg up, stating that DOGE should be let loose. His accompanying chart showed that the meme coin was ready to break out from a symmetrical triangle. The analyst had also recently mentioned that DOGE was trading similarly to XRP, indicating that it could witness a similar rally to the one the latter recorded these last few weeks. 

At the time of writing, the Dogecoin price is trading at around $0.43, down over 4% in the last 24 hours, according to data from CoinMarketCap. 

Dogecoin price chart from Tradingview.com
DOGE price holding above $0.43 | Source: DOGEUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

Ethereum

Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond

6 hours ago
XRP

SEC Receives Filing For XRP Option ETF From $12-B Amplify

3 days ago
Tether

Tether Loses Its Shine As Market Dominance Slides To 60%

3 days ago
Ethereum

Fundstrat’s Tom Lee Reveals Why Investors Left Ethereum For Solana – Details

3 days ago
TRON Stablecoin Network Grows: TRC-20 USDT Flows From Exchanges Hit Record Highs

TRON Stablecoin Network Grows: TRC-20 USDT Flows From Exchanges Hit Record Highs

5 days ago
비트코인 하이퍼 프리세일 모금액, 1,200만 달러 돌파

비트코인 하이퍼 프리세일 모금액, 1,200만 달러 돌파

1 week ago

Premium Sponsors

Press Releases

  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    1 hour ago
  • Bitget to Transfer 440 Million BGB to Morph Foundation...

    2 hours ago
  • From Institutional to Individual Investors: How XRP and...

    2 hours ago
  • Despite XRP price fluctuations, Mint Miner lets holders...

    2 hours ago
  • CryptoMiningFirm Launches First XRP, BTC Mobile App: Earn...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.