Bloomberg ETF analyst Eric Balchunas is calling it; he thinks Grayscale’s gonna drop the first DOGE ETF on November 24. It’s not locked in yet until we get the official exchange announcement, but based on SEC guidance, it’s looking pretty solid.
Meanwhile, Dogecoin itself is getting hammered. It’s sitting around $0.161 right now, which is rough when you realize it’s down a massive 47% from where it peaked back in September. Pull up the weekly chart, and it’s just red candle after red candle, pretty ugly.
So naturally, everyone’s wondering how much lower this thing can go. Our Dogecoin price prediction is pointing toward a potential drop all the way down to $0.10. If it actually hits that, we’re talking about the lowest price DOGE has seen in over a year.
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Dogecoin Price Prediction: The Technicals Aren’t Looking Good
(Source: finsends)
This DOGE chart is working off an Elliott Wave idea where price has been grinding through a choppy correction inside a big ascending wedge. It’s been hanging out in that blue accumulation zone, which might be where Wave 2 bottoms out if everything lines up.
The setup is pretty simple: if DOGE stays above that lower support line, we could be looking at a Wave 3 pump next, first testing that old resistance around 0.20, then possibly pushing all the way up into the green zone near 0.45.
But here’s the catch: if DOGE breaks below $0.16, things could get ugly fast. There’s basically a dead zone underneath with hardly any buyers, and that liquidity gap stretches down close to $0.073. So if $0.16 breaks, it’s probably not gonna be a slow bleed; it’ll drop hard with nothing there to catch it.
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Memecoin Market Is Tanking, But Traders Keep Buying Maxi Doge
While Dogecoin keeps sliding and traders brace for a possible drop toward the 0.10 zone. A new contender has been gaining traction fast: Maxi Doge.
Maxi Doge is positioning itself as the next evolution of the Dogecoin meme cycle. It keeps the playful meme culture but adding real incentives and utility behind it. Instead of relying on pure hype, Maxi Doge actually rewards holders with a strong staking model paying around 76% APY. It gives people a reason to hold even through rough markets.
The presale has already pulled in over 4 million dollars, showing that early buyers are taking this one seriously. Meme coins rarely get that kind of early backing unless there’s momentum building underneath.
Maxi Doge is also leaning into the idea of being the “next DOGE” play. Simple branding, massive community energy, no complicated token utility promises that never get delivered. Just a straightforward meme coin with real yield and growing attention.
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Key Takeaways
- DOGE is in a rough downtrend and risks falling toward the 0.10 zone if it loses 0.16, with a major liquidity gap sitting underneath.
- Maxi Doge is gaining traction fast with strong staking rewards and early backing, giving traders a fresh meme coin play with actual incentives..
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