After several days of reducing the Dogecoin (Doge) trajectory, it gradually demonstrates a positive change in its price trends, turning the main altcoins such as Ethereum and XRP in everyday nature, according to data provided by Coinmarketcap.
On May 1, 2025, Doge exchanged about $ 0.1810, which increased significantly by 5.89% over the past 24 hours. With the leading trading of the memcles, mainly to the side over the past seven days, this impulse of the increase has not been reflected in its amount of bidding, which reflects a noticeable decrease by 11.01% in the last day.
While this bull impulse expanded in a wide cryptocurrency market, when leading cryptocurrencies were restored above the previous levels of resistance, Dogecoin witnessed the highest growth among the 10 best cryptocurrencies as a result of market capitalization.
After a sharp surge stunned by Memecoin on the topic of dogs, Doge is a strong contender in the Altcoin market, surpassing Ethereum and XRP in everyday nature over the last day.
Bull -looking
While Doge began from the point of view of a bull start in May, it is still unclear whether the leading asset of memes can support this trend before the end of the month, preparing it for another breakthrough above the long -awaited mark of $ 0.2.
One of the main events that is expected to have bull feelings for the Dog in May is the noise around 21shares Dogecoin ETF.
While rumors about the approval of Dogecoin ETF have already established a token for more attention, the official approval of the investment product based on DOGE is expected to cause greater interest among retail and institutional investors, which will lead to an increase in DOGE demand and a significant increase in its market value.
The pricing movement of the dog showed signs of a potential breakthrough, since it is preparing to take responsibility for the noise of the Meme coin in a wider cryptocurrency market. Its recent trajectory shows that he forms lower maximums in the movement, which, according to the visible, supports his journey to stabilize above 0.19 dollars.
Earlier this week, DOGE saw a noticeable growth in his trading volume, which fed Memecoin. If the story is repeated, a significant impetus in the volume of the Doga trading can contribute to the further increase in the price of the coin and help him maintain his current impulse until it is higher than 0.2 US dollars.
