Dogecoin (DOGE) Price Prediction: Dogecoin at $0.21 as $50M Mining Push Targets $1 but Whale Sell-Off Threatens 15% Drop
The post Dogecoin (DOGE) Price Prediction: Dogecoin at $0.21 as $50M Mining Push Targets $1 but Whale Sell-Off Threatens 15% Drop appeared on BitcoinEthereumNews.com.
Dogecoin is back in the spotlight, trading near $0.21 as a $50M Trump-backed mining plan fuels $1 dreams—but whales may drag prices down 15%. The meme coin is caught between bullish news and bearish pressure. Massive investments, ETF buzz, and treasury formation are driving optimism, but heavy whale sell-offs and weak money flow indicators threaten to break support and trigger a deeper correction. Trump-Backed Mining Deal Could Boost DOGE Fundamentals Thumzup’s $50 million shareholder capital raise will fund the purchase of 2,500 Dogecoin mining units, with potential expansion to 3,500 rigs. The company also plans to acquire DogeHash Technologies to establish itself as a leading publicly traded Dogecoin miner in North America. Trump-backed Thumzup invests $50M in 3,500 Dogecoin mining rigs, projecting $100M revenue if DOGE reaches $1. Source: Tesla Model Ðoge via X At current dogecoin price levels, the operation could generate between $22 million and $103 million annually, according to company projections. “Large-scale mining is a critical step toward Dogecoin’s long-term sustainability,” noted crypto analyst SeniorDeFi, who identified a breakout pattern that could lift DOGE 72% toward $0.37 in the near term. ETF Buzz Adds Fuel to Dogecoin Prediction 2025 Optimism around a potential Dogecoin ETF is also supporting bullish sentiment. Asset manager REX-Osprey has filed to launch DOJE, the first Dogecoin ETF, with similar applications submitted by 21Shares, Bitwise, and Grayscale. If approved, these ETFs could open DOGE exposure to a wider pool of institutional investors. Rex-Osprey’s Dogecoin ETF may launch as early as next week, potentially becoming the first $DOGE ETF, Bloomberg’s Eric Balchunas reports. Source: 𝓣 𝓞 𝓟 𝓓 𝓞 𝓖 𝓔 via X Meanwhile, the House of Doge and CleanCore Solutions have announced the formation of a $175 million Dogecoin treasury, chaired by Elon Musk’s personal attorney Alex Spiro—a move seen as a major…
