Is a Dog (Bitcoin) Rally Coming? Here’s What Smart Traders Are Buying Next

While top meme coins like Dogwifhat continue to slide, posting consistent daily and weekly declines, Dog (Bitcoin) is showing surprising resilience.

After a brief pullback in the past 24 hours, Dog (Bitcoin) has delivered sharp price spikes—rallying 16% from its low on June 18.

Even as Bitcoin shows minor weakness, Dog (Bitcoin) is defying the broader meme coin downtrend, signaling potential short-term momentum in an otherwise cooling sector.

However, while some traders are keeping a close eye on Dog (Bitcoin)’s possible rally, others are already positioning themselves for what they see as the next emerging opportunity—Solaxy, a new project quickly stepping into the spotlight.

Source – Cryptonews YouTube Channel

Dog (Bitcoin) (DOG) Price Prediction

Dog (Bitcoin) has recently come under sustained selling pressure. After briefly surging above the $0.0040 level on June 17, the asset quickly reversed and entered a clear downtrend, consistently forming lower highs and lower lows in the days that followed.

Although there were notable intraday rebounds—such as a 16% recovery on June 18 and an 8.55% gain earlier today—these short-term spikes failed to break the broader bearish structure.

By June 21, the price had pulled back to the $0.0030 range, reflecting that selling pressure remains dominant in the near term.

From a technical perspective, Dog (Bitcoin) recently broke out of a falling wedge pattern, a setup typically associated with bullish reversals.

However, after the initial breakout and brief rally, the price failed to sustain upward momentum and fell back into a declining trajectory.

The projected breakout target of approximately $0.003472 remains technically valid if the asset can stabilize and consolidate near key moving averages, such as the 55 EMA.

In the short term, though, the price outlook remains cautious. Additional weakness in Bitcoin could further weigh on Dog (Bitcoin)’s performance, as meme coins typically mirror broader market movements.

Traders are advised to closely monitor Bitcoin’s trend, as it will likely remain a key driver of Dog (Bitcoin)’s price action.

Dog (Bitcoin) Nears Top Meme Coin Status with Broadening Exchange Listings

At its peak, Dog (Bitcoin) reached a market capitalization of approximately $950 million, just shy of the $1 billion milestone. It currently holds a market cap of around $298 million, leaving considerable room for upside if previous highs are revisited.

Within the meme coin landscape, Dog (Bitcoin) ranks just below established names like Mog Coin, Brett, ApeCoin, Pudgy Penguins, Floki, Dogwifhat, and Fartcoin.

Although it has yet to break into the top tier alongside meme giants like Dogwifhat and Bonk, it is already outperforming newer projects such as Turbo, Peanut the Squirrel, Notcoin, and Toshi.

Dog (Bitcoin) is now widely accessible on major mid-tier cryptocurrency exchanges, including BingX, Bitget, MEXC, and Gate.io, and is supported for futures trading on platforms like Bybit, Kraken, OKX, and KuCoin.

This broad availability across spot and derivatives markets signals growing liquidity and trader engagement. While Dog (Bitcoin) may be showing signs of a possible rally, many smart traders are already turning their attention to what’s next on the horizon.

Next Project on Smart Traders’ Watchlist: Solaxy

Beyond Dog (Bitcoin), another project quietly gaining momentum is Solaxy, a highly anticipated Layer 2 protocol designed specifically for the Solana blockchain.

Much like how Base enhances Ethereum’s scalability, Solaxy aims to significantly improve Solana’s network capacity by providing faster transactions and reducing congestion during peak periods.

Why Traders Are Watching Solaxy:

  • Layer 2 for Solana: Solaxy introduces one of the first true Layer 2 solutions tailored to the Solana ecosystem, addressing long-standing scalability challenges.
  • Successful Presale: The project recently completed a high-demand presale, raising over $56 million, signaling strong community and investor support.
  • Major Exchange Launch: Solaxy is set to list on multiple prominent cryptocurrency exchanges, which will provide immediate liquidity and broader market exposure.
  • Clear Launch Roadmap: Solaxy’s upcoming milestones include the Token Generation Event (TGE) in just a few days, bridge deployment, staking activation, mainnet rollout, and the release of a dedicated block explorer.

Source – Solaxy Twitter

Solaxy is positioning itself not only as a scalability solution but as a key infrastructure layer that could attract developers and users looking for faster, more efficient Solana-based applications.

With solid funding, an imminent exchange debut, and a well-structured roadmap, traders are beginning to see Solaxy as a potential breakout meme coin capable of delivering strong returns for early-positioned investors.

As momentum shifts and new narratives emerge, smart traders are now exploring additional tokens that could offer the next wave of high-upside opportunities.

Visit Solaxy

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Source: https://en.cryptonomist.ch/2025/06/21/is-a-dog-bitcoin-rally-incoming-heres-what-smart-traders-are-buying-next/