Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Dogecoin News Today: Structural Challenges and Musk's Unpredictable Moves Shape Dogecoin's Future

Dogecoin News Today: Structural Challenges and Musk's Unpredictable Moves Shape Dogecoin's Future

Bitget-RWA2025/10/25 10:20
By:Bitget-RWA

- Dogecoin (DOGE) nears a technical "death cross" pattern, with analysts warning of a potential 60% price decline amid waning ETF momentum and collapsing futures open interest. - The coin's 38% drop from its September peak aligns with broader crypto weakness, as Bitcoin and Ethereum trade lower amid macroeconomic uncertainty. - The Dogecoin Foundation plans to convert its treasury into a publicly traded stock, while House of Doge acquired an Italian soccer team to boost crypto adoption through ticket and m

Dogecoin (DOGE) is at a pivotal point as the

coin nears a technical "death cross," prompting analysts to caution that its value could drop by as much as 60%. The cryptocurrency has already declined 38% from its September high of $0.3066 to $0.1900, a slide worsened by fading momentum in the recently introduced ETF and a sharp decrease in futures open interest, as reported by . The death cross, which occurs when the 50-day moving average dips below the 200-day moving average, is widely viewed as a bearish indicator that often signals extended declines, causing concern among investors.

The DOGE ETF, which was initially expected to spark greater institutional involvement, has lost momentum as inflows have slowed considerably. This trend mirrors the broader weakness in the crypto sector, with

(BTC) and (ETH) both experiencing declines amid ongoing macroeconomic challenges, according to . At the same time, Dogecoin’s price has been confined within a rising wedge formation, a classic pattern that often precedes breakdowns, as highlighted by CoinMarketCap.

Dogecoin News Today: Structural Challenges and Musk's Unpredictable Moves Shape Dogecoin's Future image 0

Despite negative technical signals, supporters point to new potential drivers. The

Foundation has revealed plans to convert its treasury into a publicly listed company, aiming to boost mainstream acceptance, according to . In a separate move, House of Doge, the coin’s business division, secured a controlling interest in the Italian football club U.S. Triestina Calcio 1918, with intentions to introduce crypto payments for tickets and merchandise, as reported by . Advocates believe such collaborations could enhance real-world adoption and raise the coin’s profile.

Elon Musk, whose remarks have frequently swayed Dogecoin’s price, remains an unpredictable factor. The Tesla chief executive recently criticized proxy advisory firms over his $1 trillion pay package, labeling them "corporate terrorists" during an earnings call, according to

. While Musk’s attention to Tesla and SpaceX has drawn scrutiny, his latest blockchain activities—including SpaceX’s $133 million Bitcoin transfer, as noted by —have renewed speculation about his broader cryptocurrency plans. Experts remain split on whether Musk’s support can counteract the structural challenges facing DOGE.

Technical analysis points to a possible "steady and composed" rebound, with the Relative Strength Index (RSI) showing oversold levels, according to Benzinga. Still, reaching $0.25 will be difficult without improved sentiment and a return of strong ETF inflows. The determination of the Dogecoin community, together with Musk’s unpredictable impact, will likely decide if the coin can avoid a major downturn or if it will serve as a warning in the turbulent crypto landscape.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

While broader markets fluctuate, specialized crypto-gaming projects are steadily gaining momentum

- Kamirai bridges DeFi and gaming via Kamirex Exchange, a high-speed DEX for Asia's crypto demand, and a PlayStation/Xbox RPG using its token for transactions and governance. - $HUGS meme coin leverages Milk Mocha IP with 60% APY staking, deflationary token burns, and charity-linked revenue, combining viral branding with blockchain utility. - Mutuum Finance's Ethereum-based lending protocol raised $18.7M in presale, offering institutional-grade DeFi solutions with 250% token price growth and 18,000+ holder

Bitget-RWA2025/11/18 15:28
While broader markets fluctuate, specialized crypto-gaming projects are steadily gaining momentum

Bitcoin News Today: 95% of Bitcoin's Supply Reached—A Powerful Symbol of Scarcity Triumphing Over Fiat Currency Devaluation

- Bitcoin's supply now exceeds 95% of its 21 million cap, with 2.05 million remaining to be mined by 2140 via halving mechanisms. - The 2024 halving reduced block rewards to 3.125 BTC, intensifying miner reliance on fees as output halves every four years. - Experts highlight Bitcoin's scarcity as a hedge against fiat debasement, though price impacts remain limited as adoption and regulation gain priority. - New projects like Bitcoin Munari aim to replicate Bitcoin's capped supply model while adding program

Bitget-RWA2025/11/18 15:14
Bitcoin News Today: 95% of Bitcoin's Supply Reached—A Powerful Symbol of Scarcity Triumphing Over Fiat Currency Devaluation

AI Industry's Contrasting Approaches: C3.ai Faces Downturn While SoundHound Rises on Strong Cash Flow

- C3.ai faces declining revenue (-20% YoY) and widening net losses ($117M Q1 FY2026), driven by margin compression from IPD sales and operational reorganization risks. - SoundHound AI leverages $269M cash reserves to expand conversational AI, achieving 68% YoY revenue growth and strategic acquisitions like Interactions. - Citigroup's strong Q4 earnings ($2.24/share) and dividend hike attract institutional investors, contrasting with AI sector's fragmented performance and valuation challenges. - Divergent A

Bitget-RWA2025/11/18 14:56
AI Industry's Contrasting Approaches: C3.ai Faces Downturn While SoundHound Rises on Strong Cash Flow

Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities

- Visa launches stablecoin payout pilot via Visa Direct, enabling real-time USDC transfers to crypto wallets for emerging market gig workers. - Program allows fiat-funded transactions with stablecoin receipts, addressing currency volatility and limited banking infrastructure in regions like Bolivia. - Partnerships with Nium and Wirex expand cross-border solutions, while regulatory compliance via KYC/AML requirements ensures broader accessibility. - Initiative reflects Visa's strategy to bridge traditional

Bitget-RWA2025/11/18 14:56
Visa Introduces a Global Stablecoin Platform to Broaden Worldwide Payment Opportunities