Dogecoin Price Prediction: Big Opportunities Await After Musk and Trump Reconciliation
Jakarta, Pintu News – Dogecoin returned to the spotlight this week with a gain of more than 6% amid improved investor confidence, fresh technical signals, and a surprising truce between two high-profile figures-Elon Musk and US President Donald Trump.
Musk’s apology changes Dogecoin market sentiment
The Dogecoin (DOGE) network is witnessing renewed optimism after Elon Musk softened his stance on President Trump following a six-day online spat. The billionaire, who had previously strongly criticized Trump’s bipartisan spending bill as a “disgusting abomination,” took the rare step of apologizing via the X platform.
Musk’s generosity not only improved interpersonal relations but also affected the market’s perception of Dogecoin (DOGE). Investors and market watchers began to reassess the long-term potential of this crypto asset, which was previously often considered a joke token.
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Dogecoin Prediction: V-Shaped Recovery Shows Strength
Recent price analysis of Dogecoin (DOGE) shows that the token has formed a V-shaped recovery from the $0.18 support zone. This rise has attracted attention not only because of Musk’s involvement, but also because of growing speculation regarding a potential Dogecoin ETF.
This recovery signals that Dogecoin (DOGE) may not be just another meme token. With a more mature structure and wider adoption, Dogecoin (DOGE) has the potential to become a serious player in the crypto market.
New Institutional Interest in Dogecoin
Beyond Musk’s influence, structural developments are helping Dogecoin (DOGE) strengthen its relevance in the broader crypto ecosystem. Ripple CEO Brad Garlinghouse, once a vocal critic of memecoin, has changed his views on Dogecoin.
Statements from important figures like Garlinghouse show that Dogecoin (DOGE) is starting to be taken more seriously by major players in the industry. This adds to the evidence that Dogecoin (DOGE) may have a more stable and sustainable future than many thought.
Conclusion
Dogecoin (DOGE) is currently holding above key support at $0.1983, with resistance near $0.205. If the DOGE price manages to break this level decisively, technical analysts forecast a possible move towards $0.22, and possibly higher, depending on Musk’s future actions and overall market sentiment.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Brave New Coin. Dogecoin Price Prediction: Dogecoin Eyes Major Breakout as Musk Mends Trump Rift and Bulls Regain Control. Accessed on June 12, 2025
- Featured Image: Generated by AI
