The cryptocurrency market is stirring again, with DOGE (DOGE) becoming the focus once more, as investors are discussing the possibility of it breaking the $1 barrier. This target means the price needs to rise approximately 4.3 times from the current level. Although the challenge is significant, several factors may drive it to achieve this feat by the end of 2025.

Market sentiment has clearly shifted in favor of DOGE recently, closely related to ETF expectations and the overall momentum of meme coins. Meanwhile, another well-known meme coin, SHIB, is also showing an upward trend, with a significant rebound expected in 2025, further boosting the confidence of meme coin enthusiasts.

It is worth noting that betting platforms such as Polymarket give the probability of the DOGE ETF being approved in the U.S. as high as 67%, while Bloomberg analysts are even more optimistic, believing the likelihood could reach 75%. Analysts point out that once the ETF is approved, it could attract a large influx of institutional funds, similar to the situation when Bitcoin and Ethereum ETFs were listed. Even if only $10 billion of new funds flow in, it will require the purchase of over 10 billion DOGE, which will undoubtedly create strong upward pressure on its price.

However, investors should be cautious about these predictions. Despite the resurgence of interest in the meme coin market, the inherent high volatility and uncertainty of the cryptocurrency market still exist. Whether DOGE can truly break through the 1 dollar mark requires a comprehensive consideration of factors such as the regulatory environment, overall market trends, and the confidence of long-term investors.

Regardless, the performance of DOGE and other meme coins once again proves that the cryptocurrency market is still full of vitality and opportunities. While investors focus on these potential high-return opportunities, they should also fully recognize the risks involved and做好资产配置和风险管理.