Dogecoin's(DOGE) price is up 10% on Jan. 17, forming a higher value of $0.42 on the one-day chart. A candle close above $0.40 will signal a strong trend reversal for the memecoin, which has consolidated between $0.

Dogecoin is soaring again—and traders are betting big on the future price of the coin ahead of President-elect Donald Trump's inauguration.

Dogecoin ETF approval odds on Polymarket are pegged at 36%. The Donald Trump presidency might change the dynamics and a potential DOGE ETF. Dogecoin (DOGE) has demonstrated an impressive performance since the start of 2025.

Most large cryptocurrencies were up during U.S. morning trading on Friday, with Dogecoin seeing the biggest move, climbing 8.62% to 41 cents. Six additional currencies posted raises Friday. Solana increased 3.

The rise of Dogecoin towards price discovery will rekindle the bullish sentiment of dog-themed memecoins led by Shiba Inu, Floki, and DOGS.

Dogecoin, known for its meme beginnings, Solana, celebrated for its speed, and the new player XYZVerse are all vying for attention.

No asset manager has yet filed for a spot Dogecoin ETF in the U.S but that hasn't stopped some from speculating its imminent debut.

Cryptocurrency Dogecoin gained more than the S&P 500 and Nasdaq last year, and its price could soar even higher in January.

Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.

Bitcoin ( BTC 4.81%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH 3.33%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE 8.00%) is up 7.3%.

A widely followed X personality on Monday drew attention to a potential surge in Dogecoin’s (CRYPTO: DOGE) price following the upcoming presidential inauguration.

The outlook for the Dogecoin price is positive as it has crossed resistance. Holding DOGE might pay off, and investors are diversifying into emerging token DTX as well.