DOGE Rockets 5% Today — Will This Rally Turn Into a Wild Ride?

Updated

July 17, 2025

Gambar DOGE Rockets 5% Today — Will This Rally Turn Into a Wild Ride?

Jakarta, Pintu News – According to CCN, Dogecoin’s stock-to-flow ratio has surged to an all-time high after the meme coin’s recent breakout.

For months, the Dogecoin price has remained depressed below high levels, with some analysts predicting that this bearish phase could last longer.

However, it seems that’s not going to happen. Today, DOGE’s supply pressure has reached escape velocity, with signs that the price of this crypto might finally surge higher.

Dogecoin Price Rises 5.61% in 24 Hours

dogecoin price today — Source: Pintu Market

On July 17, 2025, Dogecoin saw a 5.61% gain over the past 24 hours, trading at $0.2098 — roughly IDR 3,388. During the day, DOGE touched a low of IDR 3,187 and climbed to a high of IDR 3,572.

At the time of writing, Dogecoin’s market cap stands at around $31.3 billion, with trading volume rising 55% to $3.07 billion within 24 hours.

Dogecoin Experiences Supply Shock

According to CCN (16/7), about two weeks ago, the price of Dogecoin had dropped below the critical support level of $0.15. However, jumping to today, the memecoin has made a strong recovery, shooting up to $0.20.

While this price rebound is already impressive in itself, it is not the whole story.

The headline lies in Dogecoin’s stock-to-flow (S2F) ratio, which shot up from 30.00 at the start of the week to an all-time high of 70.91.

For context, the S2F ratio measures scarcity by comparing the supply of an asset to the production rate of new units. A higher ratio generally signals increased scarcity and is often associated with long-term price appreciation.

So, why does this matter for DOGE? This spike in S2F indicates either a temporary decrease in DOGE issuance or a surge in holding behavior, both of which reduce the available supply in the market.

MVRV Shows It’s Not Over

When scarcity increases and demand remains stable or even increases, this creates conditions for further price increases.

Basically, fewer coins are currently in circulation. If this condition persists, it could lead to higher DOGE prices in the coming weeks.

Further analysis on the blockchain supports this bullish view. CCN accessed data from Glassnode to analyze the Market Value to Realized Value (MVRV) ratio – an important metric that can determine market tops and bottoms by measuring unrealized gains and losses.

Currently, Dogecoin’s MVRV ratio stands at 1.29. However, it didn’t reach its market peak until it was between 2.26 and 3.75. This suggests that Dogecoin still has room to grow before this cycle reaches its peak.

DOGE Price Prediction: Rally to Continue

From a technical point of view, the daily chart shows that the Dogecoin price has broken out of a descending triangle pattern.

Amidst this movement, the Money Flow Index (MFI) has risen to 72.42, indicating that buying pressure is greater than distribution.

In addition, the green line of the Supertrend is below DOGE, which shows strong support for this coin.

If the bulls manage to hold the horizontal support at $0.14, DOGE prices might break the resistance at $0.25 and continue rallying towards $0.33.

Conversely, this trend could change if the amount of DOGE flowing into exchanges increases. If that happens, the Dogecoin price may drop towards $0.14.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference: