A prominent trader predicts that Dogecoin will hit $1 in 2025 and flip Solana to become a top three cryptocurrency alongside Ethereum and Bitcoin.
But should Dogecoin perform as expected, it sets a bullish president for the meme coin market. Could the viral Pepe Unchained token explode even more?
“Department Of Government Efficiency” Narrative
According to analyst Miles Deutscher, 2025 could be a breakthrough year for Dogecoin.
The analyst anticipates that it could become the third-biggest cryptocurrency, flipping Solana as it rallies to $1.
But this prediction isn’t driven by wild speculation. Deutscher points to the thing which has allowed Dogecoin to explode 167% this month, suggesting that it will continue to bolster DOGE’s price into next year.
Indeed, he’s talking about Department Of Government Efficiency, a new division in the US government which shares its D.O.G.E acronym with Dogecoin’s DOGE ticker symbol.
The crossover doesn’t end there. D.O.G.E will be led by Elon Musk, the world’s second richest man who also happens to be an avid Dogecoin enthusiast.
According to Deutscher, this “mindshare” of D.O.G.E will only increase once Donald Trump takes office and the unit is established, increasing the spotlight on Dogecoin and causing its price to soar.
Musk D.O.G.E Tweets Easily Mistaken For Dogecoin Shills
It’s unlikely that this is by coincidence.
Musk is more than leaning into the correlation of D.O.G.E and Dogecoin, even tweeting a Department Of Government Efficiency logo with a Dogecoin-esque dog recently.
Musk continues to make tweets about D.O.G.E, and it’s providing a significant boon to the Dogecoin price.
Moreover, he and his accomplice in running D.O.G.E, Vivek Ramaswamy, are set to launch a podcast to give updates on the department’s progress.
But guess what they’re calling it? Dogecast.
It’s clear why Miles Deutscher thinks this is huge for Dogecoin.
The business mogul also recently revealed that his company, Tesla, still owns “a bunch of Dogecoin.”
With unwavering support from the world’s second-richest man and inclusion in high-order US affairs, the pathway for Dogecoin to reach $1 is clear.
Should Dogecoin rise as expected, then this raises the liquidity ceiling for smaller market cap meme coins to also soar.
Currently, one of the most promising is Pepe Unchained, which is backed to 100x after its presale soared past $40 million raised.
Meme Coin Watch: Pepe Unchained Raises $40M For Ethereum L2 Blockchain
Investors have contributed over $40 million to the Pepe Unchained, marking a significant vote of confidence about the project’s future.
The team are building an Ethereum layer 2 blockchain that’s inspired by the Pepe the Frog meme.
It’ll have an innate focus on meme coins but provide heightened transactional capabilities over Ethereum. This involves lower fees and 100x faster speeds, but users can still access it from an Etheruem wallet.
Perhaps the most anticipated feature on the “Pepe Chain” is Pepe Pump Pad, a meme coin generator that allows users to create a meme coin in two clicks and without coding. It’s similar to Solana’s Pump.fun and it means the Pepe Chain will be packed with high octane meme coin launches.
Other features include staking, a block explorer, a decentralized exchange, an Ethereum bridge, and more.
Alongside drawing investment, Pepe Unchained is getting massive attention from top industry analysts. In a recent video, Austin Hilton called it the “biggest meme coin launch ever.”
Meanwhile, Umar Khan told 99Bitcoins’ 700K subscribers that it could 100x in price after listing on exchanges.
However, the Pepe Unchained presale will end in 22 days, so would-be investors should act quickly.