$$DOGE
Latest updates on Dogecoin (DOGE), recent discussions have mainly focused on its transformation into an 'asset institutionalization' and future price predictions, which may be more interesting than mere market fluctuations.
Asset Institutionalization Transformation
Dogecoin is transitioning from a 'meme culture' token to a more serious asset, which could change the game rules:
Backdoor Listing: The commercial division of the Dogecoin Foundation, 'House of Doge', plans to achieve a backdoor listing by acquiring a NASDAQ-listed company (TBH). If successful, Dogecoin will no longer be just a Meme coin but will have the backing of a listed company as a 'tech growth stock'.
Establishing an Official Fund: The foundation has locked 730 million DOGE as an official fund and signed a 10-year management agreement. This is equivalent to establishing a 'central bank' for Dogecoin, reducing selling pressure in the market and stabilizing the price bottom.
Real-World Applications: Dogecoin is working to facilitate real payment scenarios. For example, in partnership with inKind, over 4,750 restaurants and bars across the U.S. can directly accept DOGE as payment. There are also payment interfaces like GigaWallet, allowing merchants to integrate DOGE like they would with Alipay.
Price Predictions and Market Analysis
Key Price Levels: Currently, Dogecoin's price is around $0.12795, which is an important historical dense trading area. If it can stabilize at this position, the next target may be $0.31-0.32, and further up is $0.45.
Institutional Optimism: Some institutions have provided price prediction models for 2026. If all goes well, the price could reach above $0.75-1.00.
Market Cycle: Some analyses suggest that this bull market has concentrated funds mainly in a few sectors, leading to insufficient liquidity for established coins like Dogecoin, resulting in poor performance. However, in the next bull market, Dogecoin still has a great opportunity to break historical highs.
