Key notes
- DOGE remains resilient among speculation on the future of Elon Musk in Tesla.
- Bloomberg analysts grant an 80% probability of the sec approving a Dogecoin ETF by the end of the year.
- The whales took more than 100 million Doge in last week.
Despite the rumors of Tesla looking for a replacement for Elon Musk, known dogecoin
DOGE
$ 0.18
24h volatility:
2.0%
COURTIC CAPESSION:
$ 26.57 B
Flight. 24 hours:
$ 1.03 B
Support (later, rumors were refused by the company), Doge managed to maintain its base. The same popular room is currently negotiated about $ 0.175, up 0.5% in the last 24 hours, according to CoinmarketCap data.
The reports suggested that the board of directors of Tesla had approached management companies to examine a change in leadership due to Musk’s growing participation in politics. However, society and musk have denied these claims, calling them “deliberately false”.
It is an extremely bad violation of ethics that the @Wsj would publish a deliberately false article and would not include an unequivocal denial beforehand by the Tesla board of directors!
– Elon Musk (@elonmusk) May 1, 2025
Tesla has accepted Dogecoin as payment of goods since the beginning of 2022 and remains the only big company to do so. Given the long -standing influence of Musk on the price of the DOGE, any change in its professional goal often affects the DOGE market.
However, in this case, the price of the token has barely changed. This suggests that the feeling of investors can ripen beyond the big titles centered on musk.
Dogecoin Etf momentum built
Meanwhile, analysts began to state the bullish perspectives for the largest piece of memes in the middle of growing optimism during the launch of an ETF Spot Doge.
Bloomberg ETF popular analysts, Eric Balchunas and James Seyffart, recently predicted 80% of the dry approval at the end of 2025. Such a slight regulatory would mark a massive jump in institutional recognition for DOGE.
I would love to hear ATKINS directly, but all the good chance of performing. Here are our latest chances of approval for all ETF SPOT DIF via @Jseyff pic.twitter.com/4acjvwhics
– Eric Balchunas (@ericbalchunas) April 30, 2025
On April 29, the NASDAQ filed a 19B-4 form to the SEC to allow the rating of actions for the 21Shares Dogecoin ETF. This happened only a few weeks after 21Shares, in collaboration with the company branch of the Dogecoin Foundation, House of Doge, submitted an S-1 recording to the agency.
Meanwhile, chain data shows that whales have accumulated more than 100 million Doge (worth around $ 17.5 million) only the last week.
Whales bought 100 million #Dogecoin $ DOGE During last week! pic.twitter.com/ekihsdkpxb
– Ali (@ali_charts) May 1, 2025
Outlook Doge Price
On the Daily Dogery prices, Dogecoin is negotiated just above the midline (20-day SMA) of Bollinger bands, indicating a slight ascending momentum. If it breaks above the upper strip around $ 0.19, it could retest the resistance level of $ 0.21.
Doge Price Chart | Source: tradingView
The RSI is neutral at 53.7, which suggests neither Surbough nor occurrence. If Doge does not hold above the support area of $ 0.165, it could see a short-term pressure pressure at $ 0.15.
$ DOGE Prints a manual accumulation cylinder 🧐
According to this model, we should see a giant pump in the coming months 🔥 🚀
We don’t know what the catalyst will be, but something interesting happens. Add here the domination of the BTC and we have a perfect recipe … pic.twitter.com/m5snbzzl4t
– Cryptobullet (@ cryptobullet1) April 30, 2025
Interestingly, DOGE also prints a cylinder of accumulation of manuals on the 3 -day graph since July 2024. According to popular analyst of Crypto Cryptobullet, traders could see a giant pump in the coming months.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
