Dogecoin News Today: DOGE Whales Accumulate Amid 22% Dip; Analysts Flag 750% Price Target

Dogecoin (DOGE) has drawn renewed attention as on-chain data reveals large holders, or "whales," are accumulating the cryptocurrency following a 22% price decline from above $0.28 to the $0.23–$0.24 range in early July 2025. Smaller wallets are offloading holdings, while whales continue to build positions, signaling potential confidence in a rebound. This activity has sparked speculation about whether DOGE could mirror the explosive performance of RTX (RaptX), a gaming token that surged over 500% in 2025 [1]. Analysts remain divided, emphasizing the volatility and speculative nature of meme coins like DOGE.

The recent price correction has not dampened interest in DOGE, particularly as whale accumulation trends often precede market rallies in highly speculative assets. On-chain tracking tools show a shift in sentiment, with large investors positioning for a potential upswing while retail traders lock in profits [2]. Cryptopolitan analysts have projected a $2 price target for DOGE by year-end, a 750% increase from its current level, though this forecast hinges on favorable market conditions and regulatory clarity [1].

Comparisons to RTX’s 500% gain highlight the unpredictable nature of meme coin markets. DOGE’s historical volatility—peaking at $0.70 in May 2021 after an 80,000% surge from 2019 levels—underscores its potential for rapid price swings. However, a $2 target would still require significant momentum, given DOGE’s current valuation and broader macroeconomic pressures. Analysts caution that such forecasts are speculative, with the coin’s value remaining heavily influenced by social media sentiment and retail trading dynamics [1].

While whale activity is a bullish indicator, it does not guarantee a sustained rally. Market participants are monitoring for signs of broader adoption or institutional interest, which could validate higher price targets. For now, DOGE remains a high-risk asset, with its trajectory dependent on technical indicators and macroeconomic factors. The recent price action underscores the challenges of predicting meme coin performance, as even strong on-chain signals may not translate to long-term gains.

Source:

[1] [Dogecoin Price Prediction: Whales Accumulate Signaling Confidence, Can DOGE Match The 500% RTX Rocket?](https://www.mitrade.com/insights/news/live-news/article-3-989078-20250726)

[2] [Dogecoin Price Prediction: Whales Accumulate Signaling Confidence, Can DOGE Match The 500% RTX Rocket?](https://www.cryptopolitan.com/press-release/)