DOGE Price Prediction: Dogecoin Breaks $0.21 as Trump-Backed Thumzup Invests $50M in DOGE Mining Rigs – $1 Next?
DOGE Price Prediction has taken heart stage as soon as once more as Dogecoin surged previous the $0.21 mark, fueled by information that Trump-backed Thumzup has invested $50 million into DOGE mining rigs.
The transfer has reignited hypothesis about Dogecoin’s long-term potential, with merchants now debating whether or not the world’s most well-known meme coin might realistically push towards the $1 milestone in the following leg of its rally.
On September 4, Thumzup Media Corporation, a Nasdaq-listed social media advertising and marketing firm with backing from Donald Trump Jr., revealed plans for a $50 million shareholder capital elevate.
Can 3,500 Mining Rigs Generate $103M Annually for a DOGE rally to $1
This funding features a binding settlement to buy 2,500 DOGE mining items, with potential growth to three,500 complete rigs.
The firm will purchase DogeHash Technologies, a specialised Dogecoin mining operation, to enter “large-scale cryptocurrency mining and strategic blockchain investments.”
Trump-linked Thumzup is buying Dogehash, a Dogecoin mining operation, with plans to record as Dogehash Technologies Holdings.#Thumzup #Dogecoin https://t.co/qfqYdP8aOt
— Cryptonews.com (@cryptonews) August 20, 2025
At present Dogecoin valuations, the entire 3,500-rig operation might yield annual revenues between $22 million and $103 million.
The firm anticipates this mining acquisition will place it amongst North America’s main publicly traded Dogecoin miners, a growth analysts interpret as a optimistic catalyst for DOGE’s potential rally towards $1.
Crypto researcher SeniorDeFi pointed to a DOGE chart revealing a symmetric triangle breakout formation, with technical targets suggesting a 72% value enhance towards $0.37 in the close to time period.
The analyst maintains a long-term bullish outlook, projecting DOGE’s eventual climb to $1.
Bloomberg ETF analyst Eric Balchunas has amplified expectations for a major Dogecoin rally by suggesting {that a} Dogecoin exchange-traded fund might launch in US markets inside the week.
Beyond REX Shares’ submitting, 21Shares has submitted a proper Dogecoin ETF proposal, becoming a member of comparable functions from Bitwise and Grayscale, all pending SEC assessment.
Additionally, House of Doge recently partnered with NYSE-listed ClearCore Solutions to determine the primary “official” Dogecoin digital asset treasury, with Elon Musk’s private legal professional Alex Spiro serving as chairman.
DOGE HITS WALL STREET
: 80+ buyers again a $175M $DOGE treasury led by Elon’s lawyer Alex Spiro (@QuinnEmanuel) as chair.
Co-founded by @houseofdoge & Dogecoin Foundation, it’s the largest DOGE treasury ever backed by Pantera, GSR, FalconX and extra. pic.twitter.com/ZD8EpvZ1pD
— 𝓣 𝓞 𝓟 𝓓 𝓞 𝓖 𝓔 (@TOPDOGE007) September 2, 2025
This partnership settlement secures commitments from over 80 establishments, together with Pantera Capital, totaling $175 million by means of warrant agreements to construct Dogecoin treasury reserves.
All of those developments create a compelling case for Dogecoin to achieve $1, which is roughly 400% above its present ranges.
Since Bitcoin received ETF approval in January 2024, it has added over $1.2 trillion to its market capitalization.
Dogecoin requires solely an extra $90 billion in market cap to attain the $1 value milestone.
DOGE Price Prediction: Historic 179%-351% Rally Pattern Screams DOGE Breakout
The Dogecoin weekly chart reveals a recurring accumulation and breakout sample that has emerged a number of instances since 2021.
Each consolidation section inside descending or symmetrical wedges has preceded sharp rallies of 179%, 264%, and 351% respectively, earlier than encountering resistance on the long-term descending trendline.
Currently, Dogecoin is consolidating inside a slender wedge beneath $0.22, with value motion approaching the breakout zone.
If historic patterns repeat, a breakout might set off one other substantial transfer, doubtlessly retesting the higher boundary round $0.35–$0.40.
However, failure to interrupt above the present resistance would expose DOGE to potential retracement towards the broader help channel close to $0.10–$0.15.
MAXI DOGE Presents Alternative Opportunities in Meme Coin Space
While Dogecoin prepares for potential new highs, presale initiatives with meme coin traits like Maxi Doge (MAXI) are attracting investor consideration.
Despite drawing inspiration from Dogecoin, supporters imagine Maxi Doge might replicate the success of Dogecoin (DOGE) and Shiba Inu (SHIB), whereas incorporating options tailor-made to present crypto market preferences.
The ongoing presale has raised over $1.86 million to this point.
Each MAXI token at present trades at $0.0002555, with costs scheduled to extend in the following 2 hours.
Interested buyers ought to go to the Maxi Doge presale website earlier than the present spherical concludes.
MAXI presale individuals can even earn a 168% APY by means of staking mechanisms.
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