The Uptober crypto bull run is underway, and Dogecoin is already among the top performers.
The DOGE price is up by over 18% from the start of its new uptrend on September 25th, currently trading at $0.26 at press time.
Notably, the top meme coin has successfully flipped the $0.25 resistance into support, and a successful weekly close above it would confirm the start of a new uptrend. Prominent analysts believe that DOGE could hit $1 in the fourth-quarter bull run.
With the start of a new rate-cutting cycle at the US Fed, the imminent launch of new spot Dogecoin ETFs and the broader bull market, experts believe that DOGE is on the cusp of an explosive rally and could finally hit a new all-time high, potentially this year itself.
Dogecoin’s success also paves the way for newer low-cap DOGE-themed alternatives. For instance, Maxi Doge (MAXI) has emerged as one of the hottest commodities on the market and could potentially deliver up to 100x returns.
Why Is Dogecoin Pumping?
The US Federal Reserve is finally cutting the Federal target rate, starting with a 25 bps cut in the September FOMC.
The CME FedWatch shows that interest rate traders are fully betting on two additional cuts in October and December.
Lower interest rates boost liquidity and risk appetite, reducing borrowing costs and driving investors toward higher-risk, higher-reward assets. After a market-wide bottom in September, crypto prices are finally pushing higher in October.
The Bitcoin price has already surged by over 5% to hit the $120,000 mark, and altcoins like Dogecoin are following suit.
Notably, investors are also front-running investments in DOGE before the imminent launch of spot DOGE ETFs, especially now that the US SEC has approved generic listing standards for crypto ETFs.
Dogecoin Price Prediction: Is A 5x Rally Underway?
Dogecoin’s recent price action proves that it is one of the best cryptos to invest in for attractive fourth-quarter returns.
Dogecoin held its higher-low structure through the September crypto crash and remains confined within an ascending wedge pattern. After a brief dip below support, the price rebounded to reclaim the wedge’s lower boundary.
This deviation signals strong demand and often marks a local bottom, with buyers stepping in aggressively to defend key levels.
As the Dogecoin chart shows, the token has broken above the $0.24–$0.25 resistance zone and now faces the key $0.275 level.
With the ascending wedge still intact, a move toward the upper trendline would clear this barrier, potentially fueling fresh momentum. A breakout beyond the wedge itself would mark a major bullish signal, opening the door for an extended rally.
The DOGEBTC chart paints an even more bullish picture. Dogecoin has retested a key support level against Bitcoin and is expected to rally against it.
If DOGEBTC breaks out of the 255 level, it could see an even more explosive rally.
Notably, experts are bullish on Bitcoin as well, with some even anticipating it to peak anywhere between $170,000 and $200,000 this year.
And yet, the DOGEBTC chart shows that Dogecoin will likely outperform BTC in the fourth quarter.
Unsurprisingly, most top analysts are giving bullish Dogecoin price predictions, with many still confident that the top meme coin will hit $1 this year.
Experts Call Maxi Doge The Next 100x Meme Coin
Dogecoin shows a strong correlation with smaller DOGE-themed meme coins. Once DOGE breaks out, smart money investors will rotate into low-cap gems that could deliver even higher returns.
For instance, whales are aggressively buying Maxi Doge (MAXI) ahead of its launch. One whale wallet purchased $100k worth of MAXI in a single transaction, which suggests strong conviction in its upside potential.
With such strong buying pressure, the Maxi Doge presale has already raised $2.7 million in short order. Such strong community support and whale interest is indicative of explosive post-launch price action.
Notably, Maxi Doge is also based on a hilarious theme, a highly important aspect of any meme coin. This wilder version of DOGE is portrayed as a shredded mascot with abs, bloodshot eyes, and an energy drink clutched in his hand, searching for the next 1000x trade.
It is a light-hearted satire on crypto bros and degens. Much like Fartcoin, it is designed to make investors laugh, which is one of the most bullish signals for any meme token.
Meanwhile, retail investors can also stake their coins and earn attractive passive income, currently at 125% APY.
Prominent analysts are bullish on MAXI’s upside potential, especially due to the low market cap and strong whale demand. Many are now calling it the next 100x meme coin.
Visit Maxi Doge Presale
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