The Accumulation of Dogecoin Whales Raises Speculation in the Market About the 1 USD Target

The recent rally of Dogecoin has mainly been driven by the statements of Elon Musk and the accumulation activity of whales. The market has seen speculation, although there has been no official confirmation supporting the $1 target. Significant trading activity has been reported with over 1.14 billion DOGE in circulation during this rally. Community sentiment remains speculative, focusing more on Musk's influence than on developer updates. Elon Musk Affects the Price Surge to 0.1721 USD The recent rally to $0.1721 reflects significant interest but lacks official support. Speculation based on memes and Musk's political activities are key factors leading to the current price volatility. No major financial organization or government has expressed support for the $1 target or made regulatory changes affecting Dogecoin at this stage. Market reactions remain speculative. Analysts Predict Prices Will Rise From 0.33 To 0.40 USD By 2025 Previous Dogecoin rallies, notably the spike driven by Reddit in 2021, demonstrate market volatility but lack sustainable long-term growth. The influence of Elon Musk often drives temporary growth. Analysts currently predict that the price target will reach $0.33 to $0.40 by the end of 2025. Historical trends indicate speculative bubbles as whale behavior remains a key catalyst. As noted by the Changelly Analyst: "DOGE is expected to reach $0.33 by the end of 2025" source