“Is this the year of the dog? DOGE kicks off 2025 with a strong start and promising surprises”
, the longest-lived, started the year with a bullish behavior that has caught the attention of. A 21% increase in just one week seems to set the pace for what could be a for this iconic shiba inu.
The numbers that support optimism
January has historically been one of the most bullish months for , with average returns of 85%. In exceptional years like 2014 and 2021, saw growth of 250% and 700%, respectively. This 2025 seems to be no different, with open interest (OI) reaching record levels of 10.65 billion , reflecting a renewed capital inflow into the market.
Currently, is 46% below its all-time high of $0.73, but many analysts already project it to reach the symbolic threshold of $1 before the end of the year.
Elon Musk and the D.O.G.E. factor: An unexpected boost?
The name of is once again linked to the fate of . Recent rumors about its role in the Department of Government Efficiency (D.O.G.E.), driven by the new U.S. government, have sparked speculation about the impact this could have on .
Although the department’s initials are not directly related to , the coincidence has fueled market interest. Every move or mention of Musk in the past has caused significant increases in the price, and this context may not be an exception.
A dollar for DOGE?
According to Galaxy, a fund management firm, could surpass a market capitalization of $100 billion if it reaches the long-awaited dollar. This milestone would be a demonstration of its resilience and its ability to remain at the center of the crypto scene, even in a market full of emerging projects.
has plenty of energy to chase after an ambitious goal. Will 2025 be the year that finally reaches its target? Only time will tell if this pup continues to surprise.
