Dogecoin (DOGE) experienced an incredible rally earlier this month. The original memecoin’s price took off after Donald Trump won the US Presidential election. The rally was likely due to Elon Musk’s support for Trump and Bitcoin (BTC) hitting a new all-time high. Musk is one of the most significant DOGE supporters in the world. The asset’s price witnessed another rally after Trump greenlit the formation of a Department Of Government Efficiency (D.O.G.E.) on Musk’s recommendation.
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Dogecoin’s Price Movements
Source – Bitcoinist
DOGE is down by 0.9% in the last 24 hours. The dip was likely due to Bitcoin (BTC) slipping below $91,000 earlier this week.
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Despite the dip, Dogecoin (DOGE) has maintained some gains in the other time frames. The memecoin is up by 2.8% in the weekly charts, 8.9% in the 14-day charts, and 133.3% over the previous month. DOGE’s price has also increased by nearly 405% since late November 2023.
Source: CoinGecko
How High Will The Memecoin Go If Bitcoin Hits $150,000?
According to Changelly, Bitcoin (BTC) could hit the $150,000 mark sometime in October 2026. The platform anticipates the asset to trade at a maximum price of $152,870.86 in October 2026. Hitting $152,870.86 from current price levels will entail a rally of about 58.6%.
Source: Changelly
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On the other hand, Changelly presents quite a bearish outlook price prediction for DOGE in October 2026. The platform anticipates DOGE to trade at a maximum price of $0.32 in October 2026. Dipping to $0.32 from current price levels will translate to a fall of about 20%.
Source: Changelly
DOGE could also rally higher than current levels if BTC hits the $150,000 mark. Many expect lenient crypto regulations under Trump’s leadership. DOGE could rise to a new all-time high under such conditions.
