{"id":620661,"date":"2025-01-23T12:49:11","date_gmt":"2025-01-23T12:49:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=620661"},"modified":"2025-01-23T12:49:11","modified_gmt":"2025-01-23T12:49:11","slug":"dogecoin-price-prediction-doge-drops-4-as-bitwise-files-for-a-dogecoin-etf-and-this-pepe-2-0-meme-coin-presale-heads-for-58m-ahead-of-listing","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-drops-4-as-bitwise-files-for-a-dogecoin-etf-and-this-pepe-2-0-meme-coin-presale-heads-for-58m-ahead-of-listing","title":{"rendered":"Dogecoin Price Prediction: DOGE Drops 4% As Bitwise Files For A Dogecoin ETF And This PEPE 2.0 Meme Coin Presale Heads For $58M Ahead Of Listing"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Dogecoin price dropped 4% in the last 24 hours to trade at $0.3510 as of 02:32 a.m. EST on trading volume that plunged 65% to $2.7 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This comes as crypto fund manager Bitwise Asset Management officially filed for a DOGE exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC).<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128165;BREAKING: Bitwise files Dogecoin <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> ETF. <a href=\"https:\/\/t.co\/WxJOssCwwK\">pic.twitter.com\/WxJOssCwwK<\/a><\/p>\n<p>&mdash; Crypto Rover (@rovercrc) <a href=\"https:\/\/twitter.com\/rovercrc\/status\/1882198279209074843?ref_src=twsrc%5Etfw\">January 22, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The application is the first attempt by any financial institution to bring a DOGE-related ETF into the highly regulated US market.<\/span><\/p>\n<h2>Dogecoin Price Poised For A Bullish Rally<\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><span style=\"font-weight: 400\">DOGE price<\/span><span style=\"font-weight: 400\"><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\"> showcases<\/a> a well-defined uptrend followed by a consolidation phase.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The major bullish momentum began in late October, marked by a sharp price rally (indicated by the green arrow) that took the Dogecoin price from the support near the 200-day Simple Moving Average (SMA) around $0.21 to a high of approximately $0.45.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This rally demonstrated strong buying pressure, likely fueled by high trading volume during that period.<\/span><\/p>\n<p><span style=\"font-weight: 400\">After hitting the $0.465 resistance level, the price of DOGE entered a consolidation phase, oscillating between $0.30 and $0.45, according to <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xce6160bb594fc055c943f59de92cee30b8c6b32c\"><span style=\"font-weight: 400\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400\"> data.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The $0.30-$0.32 region has acted as a key demand zone, where buyers repeatedly stepped in to defend against further downside.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The price of Dogecoin has recently rejected the $0.45 resistance and is now trading near $0.35, hinting at indecision in the market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Overall the DOGE pattern suggests the price is currently in a sideways consolidation phase, potentially building momentum for the next significant price move.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the Relative Strength Index (RSI) is currently at 47.88, indicating neutral momentum. This level suggests that DOGE is neither overbought nor oversold.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">If the RSI starts trending above 50, it could signal renewed buying pressure, while a dip below 40 might indicate increased bearish control.<\/span><\/p>\n<figure id=\"attachment_620662\" aria-describedby=\"caption-attachment-620662\" style=\"width: 1637px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-620662\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DOGE_2025-01-23_10-32-55.png\" alt=\"Dogecoin Price Chart Analysis Source: GeckoTerminal\" width=\"1637\" height=\"666\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DOGE_2025-01-23_10-32-55.png 1637w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DOGE_2025-01-23_10-32-55-300x122.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DOGE_2025-01-23_10-32-55-1024x417.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DOGE_2025-01-23_10-32-55-768x312.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DOGE_2025-01-23_10-32-55-1536x625.png 1536w\" sizes=\"(max-width: 1637px) 100vw, 1637px\"><figcaption id=\"caption-attachment-620662\" class=\"wp-caption-text\">DOGE\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n<h2>DOGE Price Prediction<\/h2>\n<p><span style=\"font-weight: 400\">The Dogecoin price action suggests that DOGE is at a pivotal moment. The $0.30-$0.32 support zone is critical; as long as the price remains above this zone, the broader bullish trend remains intact.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A successful break above the $0.3645 level (50-day SMA) and sustained buying pressure could push the price back toward the $0.45 resistance. If this resistance breaks, the price of Dogecoin could rally toward $0.50 or even higher.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the flip side, if the price breaks below the $0.30 support, a retest of the 200-day SMA near $0.21 could happen, which could attract long-term buyers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the DOGE price drops, investors are piling into a Pepe alternative presale called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetpepe\" rel=\"nofollow\"><span style=\"font-weight: 400\">Wall Street Pepe (WEPE)<\/span><\/a><span style=\"font-weight: 400\">. Cryptonews, a popular YouTube channel with over 14.8k subscribers, says WEPE could be the next massive degen play.<\/span><\/p>\n<p><iframe title=\"WALL STREET PEPE IS THE NEXT DEGEN PLAY!! $WEPE PRICE PREDICTION!!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/qK11CzM-l64?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Wall Street Pepe Presale Garners Over $57.3 Million&mdash;Last Chance To Buy Ahead Of Listing<\/h2>\n<p><span style=\"font-weight: 400\">The Wall Street Pepe presale is rapidly approaching $58 million in funds raised. Drawing inspiration from the iconic Wall Street Bets movement, WEPE embodies the same retail investor spirit that fueled the GME and AMC short squeezes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At just five weeks old, the project has already announced its presale end date, leaving only 24 days for investors to act. Whales have quickly recognized the token&rsquo;s potential, and one whale, tracked on Etherscan,<\/span> <a href=\"https:\/\/etherscan.io\/tx\/0xcc4f4ada5fb36f4de0ffea1bbb9b70bc03fd40590bc1d99be83fb892d2e01c00\"><span style=\"font-weight: 400\">invested nearly $500K<\/span><\/a><span style=\"font-weight: 400\"> in WEPE.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At its core, the project thrives on a community-driven ethos, which resonates strongly with both retail investors and degens.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Green loaded. Vibes coded. Join the ride. &#128056; &#9876;&#65039; <a href=\"https:\/\/t.co\/Nfh6xy7GGD\">pic.twitter.com\/Nfh6xy7GGD<\/a><\/p>\n<p>&mdash; Wall Street Pepe (@WEPEToken) <a href=\"https:\/\/twitter.com\/WEPEToken\/status\/1881714684602065315?ref_src=twsrc%5Etfw\">January 21, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The project offers alpha trading signals, simplifying market analysis and helping small traders identify opportunities in the market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The WEPE token also offers a passive income opportunity through its staking feature, which delivers a stellar 21% annual percentage yield (APY).<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can <\/span><span style=\"font-weight: 400\">buy WEPE tokens from the official website here<\/span><span style=\"font-weight: 400\"> for $0.0003665 using ETH, USDT, or a bank card.&nbsp;<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetpepe\" rel=\"nofollow\"><span style=\"font-weight: 400\">Buy WEPE before the presale ends in slightly more than 24 days.<\/span><\/a><\/p>\n<h3>Related News:<\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/blackrock-ceo-larry-fink-sees-bitcoin-hitting-700k-as-goldman-sachs-ceo-says-btc-isnt-a-threat-to-the-dollar\"><span style=\"font-weight: 400\">BlackRock CEO Larry Fink Sees Bitcoin Hitting $700K<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/pudgy-penguins-price-prediction-as-pengu-jumps-3-investors-turn-to-this-innovative-crypto-for-diversified-exposure-to-meme-coins\"><span style=\"font-weight: 400\">PENGU Jumps 3%, Investors Turn To This Innovative Crypto<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/meme-index-ico-approaches-3m-fueled-by-meme-coin-trading-hype\"><span style=\"font-weight: 400\">Meme Index ICO Approaches $3M<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Price Dips 4%, And This Meme Coin Presale Nears $58M<\/title>\n<meta name=\"description\" content=\"The Dogecoin price dropped 4% as Bitwise files for a Dogecoin ETF with the SEC and this PEPE 2.0 meme coin presale races towards $58M.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Price Prediction: DOGE Drops 4% As Bitwise Files For A Dogecoin ETF And This PEPE 2.0 Meme Coin Presale Heads For $58M Ahead Of Listing\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-23T12:49:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/INSIDE-BT-29_optimized.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evans Karanja\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nmivanco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Evans Karanja\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661\"},\"author\":{\"name\":\"Evans Karanja\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/72acfe14b9166e2ecc820938305f46b6\"},\"headline\":\"Dogecoin Price Prediction: DOGE Drops 4% As Bitwise Files For A Dogecoin ETF And This PEPE 2.0 Meme Coin Presale Heads For $58M Ahead Of Listing\",\"datePublished\":\"2025-01-23T12:49:11+00:00\",\"dateModified\":\"2025-01-23T12:49:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661\"},\"wordCount\":658,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/INSIDE-BT-29_optimized.jpg\",\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661\",\"name\":\"Dogecoin Price Dips 4%, And This Meme Coin Presale Nears $58M\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/INSIDE-BT-29_optimized.jpg\",\"datePublished\":\"2025-01-23T12:49:11+00:00\",\"dateModified\":\"2025-01-23T12:49:11+00:00\",\"description\":\"The Dogecoin price dropped 4% as Bitwise files for a Dogecoin ETF with the SEC and this PEPE 2.0 meme coin presale races towards $58M.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/620661#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/INSIDE-BT-29_optimized.jpg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/INSIDE-BT-29_optimized.jpg\",\"width\":1200,\"height\":800,\"caption\":\"\\\"DOGE drops 4% to $0.3510 amid a 65% decline in trading volume as Bitwise files for a Dogecoin ETF with the SEC. 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