Dogecoin News Today: Whales Accumulate 18% of Dogecoin as ETF Hopes Spark Bullish Speculation

Dogecoin (DOGE) has experienced a notable 17% price increase over the past 30 days, surging from approximately $0.22 to $0.24 as of late October 2025 CoinCentral^[1]. This rally has drawn attention to the cryptocurrency's potential to break through key resistance levels, with analysts and market observers closely monitoring its trajectory toward a $0.35 target CoinPriceForecast^[2]. The price movement follows increased whale activity, with large investors accumulating over 2.7 billion DOGE tokens, representing 18.3% of the circulating supply Crypto News^[3]. These developments coincide with growing speculation about the approval of the REX-Osprey Dogecoin ETF, which could provide mainstream investors with regulated access to the asset and potentially drive further liquidity Invezz^[4].

Analysts remain divided on DOGE's short-term prospects. While some predict a consolidation phase around $0.23–$0.25 for the remainder of 2025, others argue that a breakout above $0.25 could propel the price toward $0.48 or even $1 by year-end CoinPriceForecast^[2]. The latter scenario hinges on favorable regulatory developments, particularly the potential launch of the REX-Osprey ETF, which is expected to trade under the ticker DOJE as early as September 18, 2025 Invezz^[4]. If approved, the ETF would mark the first U.S.-listed product offering exposure to a memecoin, potentially attracting institutional capital and reducing volatility through improved market depth .

Longer-term forecasts for Dogecoin vary widely. Some models suggest the price could stabilize between $0.59 and $0.71 by 2030, assuming continued adoption and utility-driven upgrades to the network Crypto News^[3]. Others project more aggressive growth, with estimates ranging up to $2.61 by 2030, contingent on broader crypto market trends and regulatory clarity Crypto News^[3]. However, skeptics caution that DOGE's inflationary supply model and lack of smart contract functionality could limit its long-term appeal compared to newer projects with more robust tokenomics CoinPedia^[5].

The Dogecoin Foundation has also contributed to the bullish narrative, with initiatives such as infrastructure upgrades, merchant adoption partnerships, and a $34.68 billion market cap reinforcing the coin's foundational strength Crypto News^[3]. Additionally, the integration of DOGE into platforms like X (formerly Twitter) for tipping and payments has expanded its real-world utility, further supporting its case for sustained growth Crypto News^[3].

Despite these positives, risks remain. The cryptocurrency's high volatility and reliance on speculative demand mean that market sentiment shifts or regulatory setbacks could trigger sharp corrections. For instance, delays in ETF approvals or negative macroeconomic conditions could dampen investor enthusiasm. Moreover, competition from emerging memecoins like MAGACOIN FINANCE, which combines meme-driven hype with structured incentives, underscores the need for DOGE to maintain its relevance through innovation and community engagement CoinPedia^[5].