Cryptocurrencies are rebounding today, led by Bitcoin (BTC), which soared from $93,350 to $96,639 over the past 24 hours. Altcoins in the top 10 list are also making gains ranging from 1-12%, including the 7th largest crypto by market cap, Dogecoin, which grew by 9% today.
Other leading meme coins are closely following, with SHIB and PEPE recording 8.3% and 7.9% gains as the broader meme coin space’s market cap soars beyond $100 billion for the first time since December 19th.
As recent developments, such as Trump’s upcoming inauguration and the establishment of Musk’s Department of Government Efficiency (DOGE), give Dogecoin a bullish outlook, it could surpass its ATH of $0.7376 in early 2025.
As we approach a potential 2025 meme coin supercycle, traders are also on the lookout for new tokens with potential to explode. One promising example is Flockerz (FLOCK), which has now raised $8.4 million in its presale ahead of its exchange launch later this month.
Why 2025 Could Be An Excellent Year For Dogecoin
Dogecoin entered the market in 2013, and it took four years to reach a $100 million market cap before it exploded during the bull run in 2021, when it reached $84 billion. Although its price fluctuated since, Dogecoin remains the face of meme coins and a cultural phenomenon.
As such, some argue that it is more than a meme coin, as Dogecoin is now accepted as a payment method in hundreds of online and physical stores across diverse markets, from the gaming industry to supermarkets.
Following Donald Trump’s victory on November 5th, the US Election Day, Dogecoin soared from $0.1419 to above the $0.34 mark, and it kept its momentum following the introduction of the Department of Government Efficiency, led by Elon Musk.
In early December, DOGE reached $0.43, and although it dropped to $0.34 since, the token could experience increased visibility this year, giving it the potential to reach new highs.
Musk’s recent post on X (Twitter) likely had a positive impact on DOGE’s recent surge. As the leader of the Department of Government Efficiency, Musk could increase the token’s visibility in 2025.
Plus, Musk already accepts Dogecoin as a payment method for Tesla, and his endorsement of the coin could see its introduction as a payment method on X this year, giving it a bullish outlook.
Can DOGE Surpass Its 2021 ATH This Year?
Surpassing its previous ATH of $0.7376 would require a growth of more than 2x for Dogecoin. Although an ambitious target, it isn’t impossible, as Dogecoin’s technical indicators show strong short and long-term potential.
The token’s long/short ratio currently stands at 2.93 over the past 24 hours, indicating that more than 74% of holders believe in its short-term success, while just 26% short the coin.
Since the second half of December, DOGE found strong support at the $0.32 level, which is well above its 200-day Simple Moving Average of $0.18, indicating a strong upward potential in the long term.
Pattern analyst Trader Tardigrade believes DOGE is set to rise to $0.37 over the next few days, while Dogegod expects the token to maintain momentum until it reaches a new ATH in early 2025.
Reaching $0.8 would require DOGE to grow its market cap above $117 billion, which would position it as the 5th largest cryptocurrency in the current market, above BNB and SOL.
However, investors that are after greater returns than DOGE can offer are increasingly turning to projects that bring unique use cases to the meme coin space, and Flockerz is turning heads with its upcoming vote-to-earn mechanism.
Could Flockerz be a Smart Meme Coin Buy for 2025?
Flockerz is a new meme coin that’s just $20,000 shy of surpassing the $8.5 million mark in its presale, which is scheduled to wrap up in 20 days. Currently, FLOCK costs $0.0065823 each, but its per-token price will only increase as the presale nears its end.
Investors can purchase FLOCK via Best Wallet or its presale website using ETH, BNB, USDT, or a traditional bank card. No minimum investment is required, giving casual traders and whales an opportunity to join “The Flock” as equals.
Flockerz intends to join the meme coin market with a unique DAO, FlockTopia, which will reward its holders with passive income as they cast their votes regarding key project decisions.
However, investors don’t have to wait for FlockTopia’s release to maximize their investment, as the project offers a 324% staking APY.
Investor security isn’t a concern with FLOCK, as the project allocated 10% of its total token supply to liquidity, reducing the risk of a rug pull. Plus, SolidProof and Coinsult have audited its smart contract’s code and found no issues.
Meme coin expert ClayBro believes FLOCK’s unique benefits will help it 2x immediately after launch, and he believes its current price could see a 100x increase in the long term.
Investors don’t have much time left to add FLOCK to their portfolios at its current price, as it’s scheduled to increase tomorrow, making this the best time to buy it.
