Dogecoin (Doge) prices rose by about 7% over the past 24 hours to $0.181 on March 25th. Memecoin was trading at $0.189 at Intray Top, the highest level in almost two weeks.
Doge/USD 4-hour price chart. Source: TradingView
The key factors that boost Doge prices today include:
Doge Reserve Initiatives implemented by the Dogecoin Foundation
Risk recovery to mitigate the fear of trade wars.
Doge Price Chart classic flag pattern.
Dogecoin Foundation buys 10 million Doges
Doge’s continued price rise coincides with the launch of the official Dogecoin Reserve, designed to stabilize Memecoin and increase institutional trust.
Key Points:
On March 24th, the Dogecoin Foundation revealed the creation of the “official Dogecoin Reserve” aimed at supporting Doge’s long-term price stability and reliability.
As part of the initiative, the foundation purchased $10 million worth of $10 million.
The foundation’s strategic Doge purchases arise when traders are closely looking at the signs of institutional entry into the Memecoin sector, particularly the possibility of the launch of Spot Dogecoin ETFs in the US.
Source: @cryptowizardd
As of March 25th, the Crypto Betting Platform Polymarket had odds of 72% in favor of the launch of Dogecoin ETFs by the end of the year, starting from 27% on January 1st.
Altcoins outperform Bitcoin in risk rally
Dogecoin’s today’s profits come alongside the broader Altcoin Market Rally, which is led to ease the tensions of the trade war.
Important takeouts:
Bitcoin and total market capitalization performance over the past five days. Source: TradingView
Meanwhile, Bitcoin’s market capitalization fell 0.61% over the same period.
It shows that traders are spinning capital from bitcoin to altcoins like Dogecoin.
Divergence manifests in signs that ease the tensions of the trade war.
On March 24, US President Donald Trump signaled twice that trading partners would receive the possibility of exemptions or reductions.
Investors have embraced riskier assets in favour of altcoins that are more risky than safer bets like Bitcoin.
Through the performance of top-ranked joke cryptocurrency in a 24-hour adjusted time frame, memokine often attracts retail-driven hype during Altcoin rallies, as shown below.
Top Memo Coin Performance on March 25th, 2025. Source: CoinMarketCap
Related: Dogecoin billionaires buy dip as Doge Price Eyes 30% Rally
There are relatively high speculations on the Dogecoin Futures Market.
What I Know:
As of March 25th, Doge’s futures market OI was around $1.8 billion, $1.33 billion from its low on March 11th, the lowest in four months at the time.
DogeCoin OI, Funding Rate. Source: Coinglass
Doge’s weekly funding rate rose to 0.157% from its negative level on March 21.
Doge’s ups and positive funding rates reflect bullish sentiment, indicating an increase in demand for leveraged strengths.
Dogecoin is bouncing in the Bear Flag Channel
The price profits of Dogecoin seem to be part of its general bear flag pattern.
Important takeouts:
A pattern of bear flags is formed and after a strong price decreases, higher integrations are integrated within the rising parallel channels.
As a technical rule, this pattern resolves when prices fall below the lower trendline and falls as low as the height of previous downtrends.
As of March 25th, Dogecoin was integrated within the Flag Channel, which occurred after recent bounces tested the lowest trendlines as support.
Doge/USD Daily Price Chart. Source: TradingView
However, that overall bias remains distorted to the downside, and can then break under the lower flag trendline.
If that happens, Doge Price could drop towards its technical negative target at around $0.117, down about 35% from its current price level by April.
Conversely, breaking out above the flag’s top trend line will disable the bearish setup and instead send Doge’s price to a 50-day EMA (a red wave near $0.214).
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
