Dogecoin News Today: Altcoin Projects 90000% Gains as Analysts Highlight Momentum Over Shiba Inu and Dogecoin

A rising altcoin, currently priced at $0.09, is drawing attention as analysts forecast it could reach $9 within the current market cycle, outpacing growth seen in Shiba Inu (SHIB) and Dogecoin (DOGE). This unnamed altcoin is gaining traction among investors and institutions, with its projected trajectory fueled by speculative momentum and strong investor backing [1].

The altcoin is said to have already raised over $19 million and is being positioned as a utility-driven cryptocurrency with potential for mass adoption. Analysts note that the coin’s real-world use cases and market entry strategy, including a planned mobile wallet launch on September 15, 2025, may contribute to its appeal [2]. The project is also certified by Certik, which has added a layer of credibility and regulatory compliance to its smart contracts [2].

In contrast, both SHIB and DOGE are experiencing mixed signals. Dogecoin recently broke through a key resistance level at $0.23, drawing bullish attention from whale investors and analysts who anticipate a potential rise to $2 in the coming months. However, maintaining this support level is seen as critical to avoiding a price correction [1]. Shiba Inu has also seen a recent 12% price surge, with whale transactions increasing by over 525%, but declining trading volume raises concerns about the sustainability of its current momentum [2].

The altcoin’s potential nearly 1000-fold increase from its current price is a bold projection based on speculative trading and technical indicators rather than concrete financial fundamentals. While such forecasts are common in the crypto space, investors are urged to treat them with caution [2]. The broader crypto market is also witnessing increased institutional interest, as seen in the recent $6.5 million inflow into multiple Bitcoin ETFs, though this trend primarily benefits large-cap assets rather than smaller altcoins [1].

As the market remains in a bullish phase, the shift in attention toward high-potential altcoins reflects an evolving investor appetite for assets with speculative upside. However, this strategy comes with heightened volatility and uncertainty, requiring due diligence and risk management [1].

Source:

[1] Mitrade. [https://www.mitrade.com/zh/insights/news/live-news/article-3-1036862-20250814](https://www.mitrade.com/zh/insights/news/live-news/article-3-1036862-20250814)

[2] Mitrade. [https://www.mitrade.com/zh/insights/news/live-news/article-6-1036847-20250814](https://www.mitrade.com/zh/insights/news/live-news/article-6-1036847-20250814)