Is DOGE a good buy this month?

by Trevor Jones
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Doge continues to hold the $0.2 level, and a push towards the $0.35 resistance might be next. However, there are some bearish factors as well, which can take the price to $0.18 or below. Which scenario is more likely? Bear of Bull? Let’s find out in this Dogecoin price prediction for August 2025.

  • Dogecoin is currently trading at about $0.223, and its future price depends on macroeconomic and general cryptocurrency mood.
  • Strong Bitcoin/Ethereum performance and encouraging economic data might propel DOGE toward $0.25–$0.30 in a bullish August.
  • Negative market sentiment or rising interest rates are examples of bearish events that could drive DOGE down to between $0.17 and $0.20.
  • Hype generated by the viral community is still a wild card that could lead to nimble, unexpected actions.

Currently ranked in the 8th position with a market cap of $33.54 billion, Doge (DOGE) has appreciated around 5% in price over the past day. Many altcoins are trying to find their footing and pump, DOGE being one of them as well.

Dogecoin price prediction for August 2025: Is DOGE a good buy this month? - 1
DOGE 1d chart | Source: crypto.news

In this article, we’ll discuss the DOGE price prediction by giving you its short-term and long-term price forecasts, and specifically focus on the DOGE price factors in August 2025.

What is Doge?

The cryptocurrency known as Dogecoin was first released in late December 2013 as a humorous “meme coin,” showcasing the Shiba Inu dog from the well-known “Doge” internet meme. It began as a lighthearted prank but soon acquired popularity because of its vibrant community and charity endeavors. Due in part to its large availability, cheap price per coin, and low transaction fees, Dogecoin has established itself as a popular digital asset for tipping and small-value transactions despite its meme origins.

Now, let’s discuss the DOGE price prediction for August 2025, examining both technical and fundamental factors that could impact the price.

DOGE short-term price prediction

What can be a realistic projection for the DOGE token? Let’s analyze this token for a short-term outlook and then discuss DOGE price prediction in August 2025. 

DOGE coin price prediction: short-term outlook

According to CoinCodex’s DOGE price prediction for the near future, the token is predicted to rise by 16.28% and reach $0.258046 by Sept. 7, 2025.

Analysts on X believe that DOGE has broken out of a bullish wedge pattern and $0.25 might be next.

Other analysts are also looking at buy signals, as the weekly structure is bullish.

DOGE price prediction for August 2025

Dogecoin is now trading around $0.223 in August 2025, exhibiting steady but cautious movement.  The macroeconomic environment and general cryptocurrency attitude will probably determine its future course of action.  

DOGE may profit from spillover demand if Bitcoin and Ethereum continue to gain traction, perhaps as a result of fresh institutional inflows, favorable legislative changes, or a thriving global economy.  

Stable interest rates and a risk-on atmosphere would further stimulate speculative flows into meme-driven assets.  However, because of the coin’s strong sentiment dependence, gains might be swiftly undone by changes in global liquidity, the strength of the dollar, or investor risk tolerance.

Bull scenario

DOGE might go from its present levels toward the $0.25–$0.30 zone in August if there are encouraging macro signs and widespread crypto strength.  Long-term retail enthusiasm, potential viral moments, and the absence of significant shocks to risk assets would all be necessary for this.

Bear scenario

DOGE may drop to the $0.17–$0.20 area if the month is characterized by macro headwinds, such as rising interest rates, poorer economic data, or market-wide cryptocurrency pullbacks.  In the absence of widespread market dominance or viral excitement, Bitcoin’s decline may quicken in tandem with general selling pressure.

Is DOGE a good investment?

Before investing in any cryptocurrency, including DOGE, please identify and understand the inherent risks that can come due to market volatility. Also, the sentiment in the cryptocurrency market changes quickly, and a price point that was once considered a very strong support or resistance may become invalid in a very short time. Hence, it is advisable to do your research on the price action before having any price expectations for the future of the DOGE token. 

Will DOGE go up or down?

Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on. 

While it is hard to determine how high the DOGE token will go, it is important to look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general.  

It is also vital that you rely on financial experts and consult them for DOGE price prediction, but even after all that, you should remain cautious, as no one can accurately predict how high or low DOGE can go. 

Should I invest in DOGE?

Before investing in any cryptocurrency or trusting any DOGE price forecast, please identify and understand the inherent risks associated with market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment, and their success not only relies on market volatility but also on the constant and sustainable growth of their community. Hence, it is advisable to conduct thorough research on the token’s fundamentals, as this may significantly influence the future of the DOGE token. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.





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