Dogecoin Price Soars 8%, Traders Prefer This Bitcoin Layer 2 ICO

Dogecoin Price Prediction: DOGE Surges 8% As Traders Rush To Buy This BTC-Themed ICO For Parabolic Gains

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Updated: 11 July 2025

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The Dogecoin price surged 8% in the last 24 hours to trade at $0.1974 as of 4.45 a.m. EST on trading volume that skyrocketed 37% to $2.34 billion.

The industry’s eighth-largest crypto by market cap and leading meme coin has surged 19% in the last seven days, with most of the price increase occurring in the last two days. This surge closely follows Bitcoin, which recently reached a new all-time high.

Dogecoin’s fans are also excited about the upcoming Dogeathon 2025, which is set to be in Portugal in less than two weeks.

Less than 2 weeks until DOGEATHON 2025 in Portugal!

Are you into dogs? money? money with a dog on it?!

Get yourself down to Ericeira Portugal for the Dogecoin Hackathon! Learn to build on Dogecoin Core, DogeOS, DogeBox and more. Meet dozens of nerds building the future of… pic.twitter.com/2GwYusqjHC

— Dogecoin (@dogecoin) July 9, 2025

The event will start on July 22 and end on July 24 in Ericeira, Portugal, and the project invited everyone interested to join.

Dogecoin Price Prediction

The DOGE price started to increase on July 6, when it finally managed to climb above a resistance at $0.17. While the coin managed to stay above this level, it wasn’t until July 9 that it managed to fully separate itself from it. This was when BTC started soaring, and DOGE was quick to follow, climbing to $0.18, and exceeding it only to then soar to $0.197 in the next 24 hours.

Its Bollinger bands have seen a sharp widening, but they were quick to try to narrow again each time when DOGE reached its next resistance.

The coin’s RSI was mostly fluctuating in the upper part of the neutral zone, above 50, over the last several days. It soared high into the overbought zone yesterday, reaching the value of 84 before it eventually dropped back to 50.

Its price reacted to the surge by hitting $0.20, only to then correct slightly to $0.197, which is where it still sits at the time of writing. Right now, its RSI is at 57.32, meaning that there is plenty of room left for growth. As such, DOGE could overcome the resistance at $0.20 with another bullish burst.

Promising Alternative To Dogecoin

With DOGE pumping alongside Bitcoin, traders might also want to check out Bitcoin Hyper (HYPER), which is Bitcoin’s first-ever Layer 2.

Its goal is to introduce greater scalability and speed to the original cryptocurrency’s ecosystem, and with Bitcoin’s price once again on the rise, interest in related projects has gone up significantly

HYPER has a vision of a bright future for BTC, where its network would be able to handle payments quickly, enable other meme coins, and even dApps. In fact, it believes that its token’s launch will change things in the crypto industry forever.

This has also encouraged many investors to buy the project’s token while it is still in presale, allowing the ICO to raise over $2.37 million so far.

Crypto experts at 99Bitcoins, a YouTube channel with over 723k subscribers, also have high expectations of the project, predicting that HYPER has 10x growth potential.