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Ethereum Ethereum (ETH) $3,760.31 ↓ -2.78%
XRP XRP (XRP) $3.10 ↓ -5.24%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $824.64 ↓ -2.49%
Solana Solana (SOL) $181.76 ↓ -4.27%
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TRON TRON (TRX) $0.32 ↑ 0.68%
Cardano Cardano (ADA) $0.79 ↓ -5.87%
Hyperliquid Hyperliquid (HYPE) $43.62 ↓ -0.42%
Sui Sui (SUI) $3.90 ↓ -11.65%
Stellar Stellar (XLM) $0.42 ↓ -7.02%
Chainlink Chainlink (LINK) $18.00 ↓ -6.53%
Bitcoin Cash Bitcoin Cash (BCH) $574.84 ↓ -2.67%
Hedera Hedera (HBAR) $0.27 ↓ -6.66%
Avalanche Avalanche (AVAX) $24.74 ↓ -5.27%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.11%
Litecoin Litecoin (LTC) $108.12 ↓ -6.44%
Toncoin Toncoin (TON) $3.19 ↓ -5.55%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -6.35%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.01%
Uniswap Uniswap (UNI) $10.39 ↓ -4.81%
Polkadot Polkadot (DOT) $3.92 ↓ -7.62%
Monero Monero (XMR) $315.65 ↓ -2.58%
Dai Dai (DAI) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $4.61 ↓ -2.30%
Pepe Pepe (PEPE) $0.00 ↓ -8.40%
Cronos Cronos (CRO) $0.14 ↓ -5.73%
Aave Aave (AAVE) $286.62 ↓ -6.09%
Ethena Ethena (ENA) $0.62 ↓ -7.23%
Bittensor Bittensor (TAO) $398.68 ↓ -7.63%
Pi Pi (PI) $0.44 ↓ -2.88%
NEAR Protocol NEAR Protocol (NEAR) $2.71 ↓ -8.64%
Ethereum Classic Ethereum Classic (ETC) $21.70 ↓ -6.79%
Ondo Ondo (ONDO) $0.98 ↓ -8.23%
Internet Computer Internet Computer (ICP) $5.47 ↓ -6.37%
OKB OKB (OKB) $48.36 ↓ -1.09%
Aptos Aptos (APT) $4.60 ↓ -6.32%
Mantle Mantle (MNT) $0.79 ↓ -4.88%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -4.90%
Bonk Bonk (BONK) $0.00 ↓ -5.18%
Kaspa Kaspa (KAS) $0.10 ↓ -9.13%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.22 ↓ -7.02%
Algorand Algorand (ALGO) $0.26 ↓ -8.40%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.03%
GateToken GateToken (GT) $18.00 ↓ -1.55%
Arbitrum Arbitrum (ARB) $0.43 ↓ -6.87%
VeChain VeChain (VET) $0.02 ↓ -7.38%
Render Render (RENDER) $4.00 ↓ -8.42%
Worldcoin Worldcoin (WLD) $1.11 ↓ -9.39%
SPX6900 SPX6900 (SPX) $2.09 ↓ -1.38%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.64 ↓ -6.85%
Sky Sky (SKY) $0.09 ↓ -7.04%
Sei Sei (SEI) $0.32 ↓ -8.86%
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Jupiter Jupiter (JUP) $0.54 ↓ -10.95%
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FLOKI FLOKI (FLOKI) $0.00 ↓ -8.36%
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Tezos Tezos (XTZ) $0.86 ↓ -5.26%
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Home News

Musk Effect Reloading? DOGE Rallies 5% Amid ETF Buzz and Bullish Charts

Jonathan Swift by Jonathan Swift
11 June 2025
in News, Business, Economy
Reading Time: 5 mins read
0
Dogecoin price analysis

Dogecoin (DOGE) is showing signs of life again. The original memecoin surged nearly 5% on June 11, reclaiming a crucial price zone around $0.194 after a week-long slump. This sharp, V-shaped recovery has market watchers asking a new question: Is DOGE about to flip bullish?

Analysts point to a confluence of factors, ETF speculation, rising volume, improved on-chain sentiment, and technical breakouts, as signs that DOGE may be preparing for a more sustained move toward the $0.21–$0.25 range.

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Investors Rush for the Top New Meme Coin to Watch – MoonBull Whitelist Fills Fast as Neiro and Comedian Rally
    • SLERF and Doginme Are Heating Up – But MoonBull Is the Best New Meme Coin with a 1000x Wildcard for 2025
  • Price Action: DOGE Rebounds from $0.181 to $0.194
  • Dogecoin Price Table (June 6–11, 2025)
  • ETF Speculation and Coinbase Base Integration Add Fuel
  • Technical Analysis: $0.203 Neckline in Focus
  • Market Sentiment: Wallet Data, Volume, and Address Activity
  • Final Take
  • FAQs
    • Why is Dogecoin rallying now?
    • What’s the next key level for DOGE?
    • Could Dogecoin really get an ETF?
  • Glossary of Key Terms
    • Sources and References

YOU MAY BE INTERESTED

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Price Action: DOGE Rebounds from $0.181 to $0.194

Dogecoin began a strong intraday reversal after dipping to as low as $0.181 on June 9. Two days later, it closed at $0.194, marking a clean 7.2% increase from the local bottom. Accompanying this move was a jump in daily trading volume to $590 million, the highest seen in over three weeks.

 Dogecoin ETF

The rally appears to have formed a double-bottom pattern, with the neckline near $0.203, a technical setup often associated with bullish reversals. Should DOGE break that neckline with confirmation, upside targets in the $0.23–$0.25 region come into focus.

Dogecoin Price Table (June 6–11, 2025)

Date Opening Price ($) Closing Price ($) 24H Volume ($M) Market Cap ($B)
June 6 0.185 0.186 465 26.2
June 7 0.186 0.183 438 25.8
June 8 0.183 0.182 402 25.5
June 9 0.182 0.181 389 25.1
June 10 0.181 0.187 498 26.7
June 11 0.187 0.194 590 27.9

ETF Speculation and Coinbase Base Integration Add Fuel

DOGE’s rally wasn’t only about technicals. A renewed wave of ETF speculation has hit the market, with Bloomberg and CoinDesk reporting that analysts are watching Polymarket’s 51% odds for a Dogecoin spot ETF being approved in 2025.

Dogecoin also saw increased interest following its integration with Coinbase’s Base network, opening up DeFi use cases. For a memecoin once known primarily for memes and tipping, this marks a serious move into more utilitarian territory.

“Dogecoin is no longer just a meme—it’s becoming usable in actual crypto ecosystems,” said Tony Battaglia, analyst at CryptoRank. “If the ETF rumors hold, we could be seeing the beginning of something much larger.”

Technical Analysis: $0.203 Neckline in Focus

Technically, Dogecoin is at a pivot. It has reclaimed its 50-day simple moving average and is pushing toward the critical resistance near $0.203. If bulls can flip this level into support, price projections extend as far as $0.25, aligning with previous highs from April.

 DOGE breakout

“We’re watching for daily closes above $0.203,” noted AMBCrypto. “A breakout from this zone could confirm a double-bottom pattern and attract new longs.”

RSI readings are neutral, leaving room for further upside before overbought territory is reached. MACD momentum is shifting to the upside, while Bollinger Bands are widening, indicating increasing volatility.

Market Sentiment: Wallet Data, Volume, and Address Activity

Dogecoin’s active address count surged by 17% over the last week, according to IntoTheBlock, hinting at revived user interest. At the same time, exchange outflows have increased, with more DOGE moving to self-custody, often a bullish signal reflecting holding behavior.

Institutional sentiment is also improving. Bitwise and 21Shares, both active in the Bitcoin and Ethereum ETF space, have reportedly explored the feasibility of DOGE-based fund products.

Final Take

Dogecoin’s 5% pop may seem small on the surface, but significant catalysts back it. With technical patterns, ETF narratives, and use-case growth aligning, DOGE could be entering a new phase. The next move depends on whether it can decisively break above $0.203.

Traders and investors should monitor volume, wallet activity, and regulatory developments because Dogecoin’s next big moment might be closer than most expect.

FAQs

Why is Dogecoin rallying now?

DOGE rebounded from strong support at $0.181, breaking higher on the back of ETF rumors, increased volume, and Base network integration.

What’s the next key level for DOGE?

A daily close above $0.203 could confirm a breakout pattern. From there, upside targets include $0.23, $0.25, and $0.26.

Could Dogecoin really get an ETF?

While no official DOGE ETF has been filed, market odds and analyst sentiment suggest it’s a possibility in the near-to-mid term.

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Glossary of Key Terms

Double-Bottom Pattern – A bullish technical reversal setup formed by two lows near the same price level.

Spot ETF – An exchange-traded fund backed directly by a crypto asset, like Bitcoin or potentially Dogecoin.

50-Day SMA – A technical indicator tracking the average price over the last 50 days.

DeFi (Decentralized Finance) – Blockchain-based financial applications that don’t rely on traditional intermediaries.

Base Network – A layer-2 scaling solution built by Coinbase, offering fast and cheap on-chain transactions.

Sources and References

coindesk.com

cryptorank.io

cointelegraph.com

Tags: DOGE breakoutDogecoin ETFDogecoin Price Analysis
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Jonathan Swift

Jonathan Swift

A crypto journalist with an understanding of blockchain technology. Skilled in simplifying complex topics for diverse audiences, from beginners to experts. Because I believe in words as they are the children of mind.

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