You Won’t Believe What Dogecoin Just Did — Crypto Markets Baffled!

by

TL;DR

  • The meme coin circus, always larger than life, is pitching its tent again. Top dog included. 🐕‍🦺
  • DOGE leaps 35% in two days, pleasing analysts who are rubbing their hands like prospectors spotting gold dust — but they’re all muttering, “Folks, you ain’t seen nothin’ yet.”

There was a time, not so long ago, when Dogecoin lay in the dry dust, priced at 13 cents. Its faithful stared at their screens like farmers watching cracked earth, cursing the Trade War and praying for rain that wasn’t coming. And yet the world turned, the storms passed, and, like a stray mutt sniffing out a kitchen scrap, DOGE found its way into the daylight.

By the time May 8 lumbered around, that old coin shuffled up to 17 cents, then shot off like it’d seen the cat next door: up 35% in the blink of an eye, scraping at the rafters of 23 cents. You could hear the internet murmuring — or maybe that was just a thousand would-be millionaires giggling into their keyboards.

Analysts, those prophets of the digital prairie, donned their best hats and got to work. Ali Martinez, not a man to overpromise unless properly caffeinated, nodded sagely and announced 27 cents was within reach, citing something about “ascending support trendlines.” (I reckon that’s code for “I like the look of this squiggly line, son.”)

#Dogecoin $DOGE is rebounding strongly from its ascending support trendline, eyeing a potential move toward $0.27.

— Ali (@ali_charts) May 10, 2025

Not to be outdone, Satoshi Flipper practically yelled from the rooftops that the dollar pair was “ripping,” which means — well, nobody really knows, but the charts point at 40 cents and folks love a good round number. Cephii, meanwhile, gathered 80,000 souls on X, claimed ETFs were coming, and assured everyone that if DOGE slipped back to 19 cents, it was nothing a little hope and a lot of buying couldn’t fix. The phrase “market cap is very sensible given how well known…” trailed off, the way dreams do when you wake up.

$doge will have a new price floor because of the ETF’s which have a high likelihood of being approved. ETF’s will result in more $doge being held indefinitely too even if they are only minimally popular. As a store of value, $doge market cap is very sensible given how well known…

— Cephii (@Cephii1) May 10, 2025

So there it stands: DOGE, the coin that began as a joke, grinning like a hound in the summer sun while investors fan themselves and wonder if the punchline’s still coming. Or maybe, just maybe, the joke’s on everyone else. 🚀🐶

Read More

2025-05-10 18:23