Dogecoin Price Forecast: Is it Possible for DOGE to Reach $1 by September 2025?

A leading market analyst believes that Dogecoin will exceed its previous all-time high later this year. The introduction of products such as a Dogecoin ETF is expected to boost the coin’s long-term acceptance. Dogecoin (DOGE), which is the largest memecoin by market capitalization, is poised to reach its highest price of the year. Well-known cryptocurrency analyst Chris has forecasted on the social media platform X that Dogecoin could reach $1 by September 2025, indicating a potential bullish breakout for DOGE. In a recent update on X, Chris highlighted encouraging signs that indicate a potential bullish breakout for DOGE. Importantly, the Ichimoku Cloud, which is widely regarded as a powerful momentum indicator, has turned bullish. Consequently, the analyst expects DOGE to reach the $1 psychological threshold by summer. Image Source: Chris on X. Additionally, DOGE has broken through a long-standing downtrend line, indicating a shift in market sentiment. Considering $1 as a significant technical and psychological threshold, Dogecoin may enter a phase of price exploration if this momentum continues. Additionally, analyst Ali Martinez highlighted the surge in activity within the Dogecoin network. He pointed out that the memecoin is seeing an increase in the number of active addresses, transaction volume, and activity from large investors. As mentioned in our latest blog entry, DOGE had a 990% rise in active addresses within a week. Additionally, the total open interest for Dogecoin futures contracts increased significantly, soaring by more than 213% during that timeframe.