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Cboe BZX Exchange Files to List Canary Capital’s SUI ETF

Abdulkarim Abdulwahab
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Cboe BZX Exchange Files to List Canary Capital’s SUI ETF

Stock exchange Cboe BZX Exchange has filed with the U.S. SEC to list the Canary SUI ETF from asset manager Canary Group LLC.

This filing, submitted under Form 19b-4, represents a major initial step in introducing the SUI token to regulated ETFs. This development follows Canary Capital’s filing of a registration statement for the SUI ETF with the SEC in March.

Now, Cboe BZX Exchange has submitted an updated filing on behalf of the firm to list the product. Notably, the proposed Canary SUI ETF will allow investors to gain exposure to the SUI crypto asset, the 18th-largest token with a market capitalization of $6.5 billion.

If approved, this ETF would be one of the first financial products to provide direct spot market exposure to SUI, the native token of the Sui blockchain ecosystem.

SUI Price Reacts

Remarkably, this updated filing coincides with a notable rebound in the market price of SUI. At press time, the token is up 2%, trading at $2.02, although it is still recovering from a significant seven-day loss of 20%.

SUI price reacts
SUI price reacts

Notably, the Trust disclosed in the filing that it may stake its SUI through trusted providers and receive staking rewards as income. However, it will disclaim any rights to assets resulting from forks or airdrops, which will not affect its NAV.

Canary Capital’s Push for Crypto ETFs

The proposal draws inspiration from the SEC’s approval of spot Bitcoin and Ethereum ETFs. The filing emphasized that sufficient safeguards are in place to prevent fraud and market manipulation, similar to the rationale used in the approval of earlier ETFs.

Canary Capital is also actively considering a range of products linked to other major cryptocurrencies, including XRP, Litecoin, and Solana.

The firm’s push for a spot SUI ETF follows shortly after World Liberty Financial partnered with the Sui blockchain to create new products jointly. 

Canary’s Litecoin ETF is already listed with the Depository Trust and Clearing Corporation under the ticker LTCC, indicating that preparations for its launch are progressing.

Bitcoin and Crypto Recover as US Stock Market Adds $2 Trillion at Open

Sam Wisdom Raphael
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Bitcoin and Crypto Recover as US Stock Market Adds $2 Trillion at Open

Bitcoin and the broader crypto market see a slight recovery amid a rebound posted by the U.S. stock market as trade concerns dissipate.

The financial markets are rebounding sharply today, April 8, 2025, following a turbulent stretch driven by renewed trade tensions that saw Bitcoin drop to new yearly lows and the U.S. stock market lose trillions in valuation. 

US Stock Market Adds $2T at Open

Particularly, the massive turnaround saw the U.S. stock market surge at the opening bell, recovering nearly $2 trillion in market cap, according to market commentator Mario Nawfal.

This sharp recovery followed steep losses last week triggered by fresh tariff announcements from President Donald Trump. Notably, the $2 trillion addition at open marked a massive bounce from the previous market drawdown.

Specifically, major U.S. stock indices posted strong gains, indicating a return of investor confidence. The Dow Jones Industrial Average climbed approximately 1,238 points, translating to a 3.2% jump. The S&P 500 followed closely, rising 3.4%, while the tech-heavy Nasdaq Composite posted the biggest rally among the three, up by 3.6%. 

For context, these gains came after reports confirmed that several trade partners, including Japan and Indonesia, had entered negotiations with the U.S., presenting trade concessions to avoid the full brunt of the proposed tariffs.

Interestingly, technology stocks led the charge. Tesla and Nvidia each surged over 6%, while tech giants like Amazon and Microsoft also recorded strong intraday momentum. 

Meanwhile, in the healthcare sector, increased Medicare Advantage payments contributed to a notable upswing. Meanwhile, retail stocks benefited from earnings optimism, as seen in Levi Strauss’ performance, further lifting investor sentiment.

Bitcoin and Crypto Recover

In parallel with the U.S. equities market, the crypto sector is also on the rebound, though to a lesser extent. The total crypto market cap rose 1.42% today, reaching $2.51 trillion. This represents an 8% recovery from yesterday’s lows of $2.31 trillion, a low not seen since November 2024.

Bitcoin continues to lead the broader crypto recovery. The leading crypto asset climbed 0.61% over the past 24 hours, hovering just below the key $80,000 resistance level at $79,935. 

XRP is also showing strength. The asset posted a 0.95% increase in the past day and is now inching closer to the $2 milestone, currently trading at $1.9495. 

Crypto Market Heat Map
Crypto Market Heat Map | CoinMarketCap

Cardano delivered one of the most impressive rallies among major altcoins, soaring 6.31% to reach $0.6152. Solana followed with a 2.67% gain, pushing its price to $110.56. BNB also saw upward movement, climbing 0.56% to trade at $564.03.

However, Ethereum stands out as the only top-10 crypto asset still lagging. The second-largest crypto by market cap slipped 0.7% over the past 24 hours. Its underperformance contrasts with the broader market upswing, as investor sentiment around its short-term price action drops.

Notably, market analysts are already projecting a much higher rebound for Bitcoin. Most recently, pundit Carl Moon suggested that Bitcoin could see a “huge bounce.” In addition, analyst Philip predicted that BTC could rally to between $170,000 and $220,000 upon recovery.

Ripple CTO says Defining Moment for XRP as Ripple Completes Its Largest Deal Ever

Lele Jima
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Ripple CTO says Defining Moment for XRP as Ripple Completes Its Largest Deal Ever

Ripple makes history as it completes one of the biggest deals in the cryptocurrency industry following its acquisition of Hidden Road for $1.25 billion. 

Ripple announced the acquisition in a blog post, emphasizing that it acquired Hidden Road for $1.25 billion. This acquisition is remarkable as it represents the company’s biggest deal and one of the largest deals in the digital asset industry. It also positions Ripple as the first crypto-focused company to own and operate a multi-asset prime broker. 

Hidden Road Strength 

As a fast-growing prime broker, Hidden Road provides institutional clients with comprehensive products and services, such as prime brokerage, swaps, derivatives, fixed income, digital assets, foreign exchange, and clearing. 

Launched in 2018, Hidden Road clears about $3 trillion across markets annually and serves over 300 top financial institutions. The announcement stressed that Ripple’s strong balance sheet would help Hidden Road expand its capacity to serve more clients. 

Further, the announcement emphasized that the next phase of growth in the crypto industry can only be achieved by positioning core infrastructure to drive institutional adoption. 

Notably, Ripple and Hidden Road will provide institutional clients with the promise of digital assets. They intend to achieve this by bridging the traditional and digital finance worlds. 

Benefits for XRPL Projects 

Meanwhile, the acquisition is expected to benefit several projects within the XRPL ecosystem, including Ripple USD (RLUSD) and the XRP Ledger. 

Hidden Road will leverage RLUSD, which launched last year, as a collateral asset across its prime brokerage products, positioning the token as an enterprise-grade stablecoin with real-world utility. 

The prime broker will also migrate its post-trade activity onto the XRPL. The move aims to streamline Hidden Road’s post-trade activity, reduce cost, and validate XRPL’s value proposition as a blockchain for decentralized institutional finance. 

Ripple also aims to provide efficient custody services to Hidden Road customers seeking bank-grade custody for their digital assets. 

Ripple Execs React 

Ripple’s CEO Brad Garlinghouse said that with the SEC ending its regulatory overreach, the crypto market is focusing on addressing traditional finance demands. In a statement on X, Garlinghouse noted that the acquisition will enable Hidden Road to leverage XRP and XRPL for instant and low-cost value movement. 

He asserted that the prime broker will no longer wait almost 24 hours to settle trades through fiat rails but can now utilize XRPL to clear some trades while using RLUSD as collateral for its prime brokerage services. 

The Ripple CEO revealed that the company has been a customer of Hidden Road for years, adding that it has first-hand knowledge of the prime broker’s expertise. Notably, Ripple also participated in Hidden Road’s Series B funding. 

In addition, Ripple CTO David Schwartz characterized the acquisition as a defining moment for XRP and XRPL. According to him, the company processes upward of $10 billion, with a daily transaction of up to 50 million. However, the company is forced to wait nearly 24 hours to settle these transactions through fiat rails. 

Interestingly, he imagines a scenario where a portion of these transactions are settled through XRPL, with the prime broker also adopting real-world assets tokenized on XRPL as collateral. 

Crypto Expert Says He Can Smell a “Huge Bounce” for Bitcoin

Mark Brennan
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Crypto Expert Says He Can Smell a “Huge Bounce” for Bitcoin

Crypto analyst and prominent market commentator Carl Moon predicts a “HUGE bounce” for Bitcoin despite the ongoing market-wide volatility.

Bitcoin (BTC) experienced significant volatility following the U.S. government’s decision to impose tariffs on a flurry of countries. The largest crypto hovered near $83,000, but by Sunday evening and into Monday morning, its value plummeted further. In just a few days, Bitcoin fell below $75,000.

This sharp drop was followed by a brief recovery triggered by false reports suggesting that the U.S. would delay tariffs for 90 days. Bitcoin climbed above $81,000 during this rally. 

However, the White House quickly dismissed the rumor, with President Donald Trump warning China of a potential 50% tax. Despite seeing another pullback, Bitcoin is showing signs of recovery, with a 24-hour increase of 3.98%, bringing its value above $79,000.

Bitcoin Market Cycles and Analyst Insights

Amid these turbulent fluctuations, crypto analyst Carl Moon, the founder of The Moon Show, has weighed in on Bitcoin’s future. Moon expressed optimism for the crypto asset, stating that he senses a potential “huge bounce” for Bitcoin. 

Previously, Moon had discussed the importance of understanding market cycles, particularly during periods of volatility like those triggered by a bear trap. 

On Monday, he shared an image outlining the typical phases of Bitcoin’s market sentiment, such as accumulation, shake-out, trend emergence, and bear traps, emphasizing the need to avoid being misled by short-term market movements.

Moon’s perspective comes in contrast to the rapid changes in Bitcoin’s price. He also predicted that BTC would reach $500,000, while top altcoins could see a 100x increase within this year. 

Technical Analysis Points to Bitcoin’s Resilience

On a more technical front, Gert van Lagen, a notable market analyst, has provided insights into Bitcoin’s price behavior. He pointed out that Bitcoin is continuing its bull market, citing a bounce off the neckline of a four-year-old inverted head and shoulders pattern. 

Bitcoin 1D Chart
Bitcoin 1D Chart | Gert van Lagen

This technical setup suggests that Bitcoin could target around $300,000. Van Lagen also mentioned that the $74.8K level served as a key support point, warning that a weekly close below this threshold could invalidate the bullish outlook.

Meanwhile, another analyst from TradingView, Philip, highlighted Bitcoin’s strength despite the broader market’s struggles. Philip noted that Bitcoin and many other assets have maintained their ground, even as stock markets decline. 

His analysis suggests that Bitcoin could be on track for significant price growth, targeting levels between $170,000 and $220,000. He emphasized Bitcoin’s historical ability to break above key resistance levels and retest them as support, a pattern typically followed by bullish surges. 

At press time, Bitcoin currently trades for $79,295, down 0.25% in the last 24 hours.

US DOJ Winds Down Unit Dedicated to Prosecuting Bitcoin and Crypto Firms

Elendu Benedict
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US DOJ Winds Down Unit Dedicated to Prosecuting Bitcoin and Crypto Firms

The US DOJ has disbanded an anti-crypto department formed under former president Joe Biden amid changing regulatory tides under Donald Trump.

According to a Fortune Tuesday report, the United States Department of Justice (DOJ) has disbanded a special unit in the agency dedicated to cryptocurrency clampdown. Specifically, the National Cryptocurrency Enforcement Team (NCET) has now been dissolved, ending its four-year existence.

The disbandment follows an internal memorandum signed off by the US Deputy Attorney General, Todd Blanche, the second-ranking official in the prosecution office. The four-page letter disclosed the decision amid the new administration’s push for cryptocurrency regulatory clarity.

US Prosecutors Make Changes to Crypto Unit

Per the memo, Blanche stated that the US DOJ does not serve America in the capacity of a digital asset regulator. However, the Joe Biden administration used the unit to prosecute the cryptocurrency industry unfairly.

Meanwhile, the new administration did not find the approach necessary, leading to the immediate NCET disbandment. Furthermore, Blanche charged the agency’s employees with pursuing their core duty of prosecuting bad actors determined to harm digital asset investors and not chasing litigation against crypto exchanges.

The NCET department came into existence in 2021, during Biden’s reign. The team consisted of some DOJ money laundering and cybercrime prosecution unit members and other district attorneys. Notably, the unit was responsible for some high-profile cases, including the Tornado Cash sanction and one involving the Mango Market manipulator who scammed the protocol of $110 million.

Trump Committed to an All-Rounded Regulatory Clarity

Remarkably, the disbandment is one of the many measures Donald Trump has implemented in his administration’s push for clarity in the United States. Since he assumed power, the pro-Bitcoin president has shown commitment to fulfilling his vows to make America the crypto capital of the world.

Aside from his pro-Bitcoin-dominated cabinet, Trump has signed an executive order to create a national Bitcoin and crypto stockpile. He has also instructed the US Securities and Exchange Commission to ease its regulatory grip on the crypto sector and created a digital asset working group for the White House.

1992 Film “Sneakers” Shows Cryptic Reference to XRP: “Federal Reserve Transfer Mode”

Sam Wisdom Raphael
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1992 Film “Sneakers” Shows Cryptic Reference to XRP: “Federal Reserve Transfer Mode”

The XRP community has engaged in discussions surrounding an XRP reference from “Sneakers,” a 1992 movie around cryptography.

A recent disclosure from MetaMan, a prominent figure in the XRP community, has triggered speculation within crypto circles. MetaMan shared a clip from the 1992 film Sneakers, a thriller directed by Phil Alden Robinson, featuring a star-studded cast including Robert Redford, Dan Aykroyd, and River Phoenix. 

XRP Easter Egg in Sneakers Film

For context, the movie, released in September 1992, centers on a group of security experts navigating the cryptography and espionage scene. 

However, what caught MetaMan’s attention, and subsequently the XRP community’s, was a scene displaying a computer terminal labeled “Federal Reserve Transfer Node” at the “National Headquarters.” Among the options listed was “International Telelink Access” with the code “XRP-521-723.”

The appearance of “XRP” in a film predating the launch of the token by two decades has triggered speculation. Ripple, founded in September 2012 as NewCoin and later renamed in 2013, leverages XRP to facilitate fast cross-border transactions. The token itself was launched in June 2012, a few months before NewCoin emerged.

The company has since grown into a major player in blockchain technology. However, seeing “XRP” in a 1992 movie raises questions about whether the filmmakers unknowingly predicted the future or if the reference is purely coincidental.

The XRP community quickly latched onto the discovery. MetaMan shared a screenshot and a clip from Sneakers, urging followers to pause at the computer scene to see the reference for themselves. 

Opinions from Grok AI

Community member German Wheat joined the conversation by sharing opinions from Grok, an AI chatbot from xAI. According to German Wheat, Grok analyzed the terminal interface and interpreted the “International Telelink Access” option with the code “XRP-262” as a gateway to global financial networks. 

Grok suggested that selecting this option could enable secure connections for international transactions, such as wire transfers or foreign exchange operations, within the Federal Reserve system. 

The AI noted that “XRP-262” might represent a protocol or access key for cross-border financial communication. However, it indicated that there is the need for more context to confirm this interpretation.

Discussions within the XRP community have since emerged, with community figures presenting different interpretations. However, these discussions, while dominating XRP community conversations, remain largely speculative and the XRP Easter Egg could merely be coincidental.

Sneakers itself is notable for its forward-thinking take on technology, featuring a mathematical consultant, Dr. Gunter Janek, loosely based on Leonard Adleman, one of the computer scientists accredited with the creation of the RSA encryption.

Analyst Shares Realistic Dogecoin Targets, Highlighting Critical Support and Resistance Levels

Elendu Benedict
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Analyst Shares Realistic Dogecoin Targets, Highlighting Critical Support and Resistance Levels

A recent analytical exposition has spotlighted crucial support and resistance levels, sharing realistic targets depending on the Dogecoin price action.

Like most other cryptocurrencies, Dogecoin demonstrated sheer strength yesterday. Following a sloppy start to the day spurred by sideways macroeconomic trends, the prominent meme coin rebounded from an earlier plunge to close green at $0.1497.

Interestingly, bullish sentiments have escalated with the rebound, with enthusiasts optimistic of a continued northward drive. Nonetheless, a TradingView analysis has dissected Dogecoin’s chart, providing a detailed price outlook for the meme coin.

Commentary Highlights Possible Scenarios

Market watcher MonoCoinSignal confirmed Dogecoin’s resilience in the Monday analysis. He noted that contrary to market trends, the meme coin has kept its calm in the turbulent condition. The analyst cited DOGE’s modest 0.11% increase while the global crypto market dumped by 4.4% as proof of this resilience.

Nonetheless, he noted that Dogecoin still has mixed momentum. While whales’ massive accumulations spark bullish sentiments, the macro headwind emerging from Donald Trump’s trade war could still hamper short-term price growth.

As a result, he identified possible scenarios that could play out for Dogecoin. The commentary highlighted bullish and bearish cases for the token and realistic price targets ahead, depending on its reaction from the current level.

Bullish Case for Dogecoin

MonnCoinSignal stressed that for a bullish scenario to develop, DOGE must hold its local support at $0.14. Notably, the leading meme coin dropped below the demand wall but quickly rebounded to reclaim higher prices.

Dogecoin Targets
Dogecoin Targets

Furthermore, the commentary highlighted that if Dogecoin breaks the local resistance at $0.15 with a substantial volume, it could surge to $0.16 in the short term. A sustained trend above $0.16 would make way for further highs, with the analyst pointing to a reclaim of the long-term resistance at $0.20.

Meanwhile, another analyst had stressed the importance of the $0.16 level. Market expert Ali Martinez noted that the asset must hold above the level to keep the hopes of a rally to $7 alive.

Bear Case for Dogecoin

Notably, MoonCoinSignal noted realistically that Dogecoin could see lower prices if it fails to break local resistance at $0.16. He identified a breach of the $0.14 price mark as an enabler to lower prices like $0.13 and even global support at $0.08 if selling pressure persists.

With DOGE currently trading at $0.1515, it would capitulate a staggering 47% to the $0.08 support, which the commentator marked as its worst-case scenario.

Moreover, the commentary stressed that this scenario may likely not play out if whale accumulation continues and the broader market sentiment flips bullish.

Here’s XRP Price if Tokenization Market Hits $18T by 2033 As Projected by Ripple

Sam Wisdom Raphael
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Here’s XRP Price if Tokenization Market Hits $18T by 2033 As Projected by Ripple

XRP price could soar to double-digit values if the crypto asset captures only 10% of the 2033 projected valuation of the tokenization market. 

Ripple’s latest report, in collaboration with Boston Consulting Group (BCG), has triggered renewed discussions around the potential of the tokenization market, and how XRP could play a central role in it. 

Ripple Report Projects Tokenization Market to Hit $18T by 2033

The report forecasts massive growth for tokenized real-world assets (RWAs), predicting that the market will expand from its current $600 billion to a staggering $18.9 trillion by 2033. Interestingly, this estimate has reignited conversations around XRP’s potential to capitalize on the growing sector.

Notably, the report outlines how tokenization is changing the financial scene by converting real-world assets into digital tokens on shared ledgers. This allows for better efficiency, including 24/7 transaction capabilities, automated compliance, and fractional ownership. 

Ripple and BCG describe a three-phase path for this growth. The market could begin with low-risk instruments like bonds, expand into complex asset classes like real estate, and eventually embed tokenization deeply into financial and non-financial products.

Major institutions such as BlackRock, JPMorgan, and Fidelity are already participating in this evolution. Notably, this indicates a strong institutional momentum. For one, BlackRock recently expanded the reach of its $1.7 billion tokenized fund BUIDL to Solana. 

Ripple Making Inroads

Ripple sees this as an opportunity and has emphasized that institutions must go beyond experimentation and begin integrating tokenized assets into real-world applications. According to Ripple, regulatory clarity in major jurisdictions and advancements in supporting infrastructure are helping drive adoption.

Notably, Ripple is already setting itself up to capitalize on this growth. In May 2023, the company acquired Metaco, a Swiss-based custody and tokenization firm, indicating its serious intent to expand into this sector. 

Ripple’s Chief Technology Officer, David Schwartz, previously suggested that the XRP Ledger (XRPL) could become the foundational platform for real-world asset tokenization. With features like built-in DEX functionality, low transaction costs, and high scalability, XRPL presents the tools necessary to support enterprise-level tokenization.

XRP Price if It Captures 10% of Tokenization Market

If XRP can capture even a modest share of this expanding market, the price implications could be massive. For instance, a 10% market share of the projected $18.9 trillion tokenization market by 2033 would equate to a $1.89 trillion valuation for XRP. 

Assuming all 100 billion XRP tokens are in circulation by then, this scenario would result in a price of $18.90 per token. However, with the current circulating supply of approximately 58.27 billion XRP, the price could soar even higher—to around $32.40 per token.

With XRP currently trading for $1.87, a run to $18.9 would translate to a 910% increase. Meanwhile, the $32.4 price would demand a 1,632% rise. This projection is purely speculative but relies on logical assumptions from current market data.

Analyst Identifies Key Bitcoin Support to Watch, Targets $220K Upon Recovery

Mark Brennan
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Analyst Identifies Key Bitcoin Support to Watch, Targets $220K Upon Recovery

Market watcher Philip from TradingView highlights Bitcoin long-term strength, calling attention to a key support level and potential growth to new all-time highs.

Bitcoin’s price has been fluctuating in recent days, with the cryptocurrency seeing a sharp decline followed by immediate signs of stabilization. On April 2, Bitcoin traded around $87,000, but by April 7, it had dropped to about $74,000. 

The crypto asset has since recovered to over $77,000, currently sitting at $79,131.11. This marks a 3.85% increase over the past 24 hours, although it still reflects a –5.27% decline over the past week.

Bullish Signals Amid Market Weakness

Despite the broader market experiencing significant sell-offs, Bitcoin’s resilience has not gone unnoticed. Analyst Philip, from TradingView, points to Bitcoin’s strength as a positive sign. 

He noted that, while the stock market continues to decline, Bitcoin and many other cryptocurrencies are holding strong. This behavior suggests bullish strength, as Bitcoin has held its ground, even amid the market’s downward movement. 

Bitcoin 1M Chart Philip
Bitcoin 1M Chart | Philip

Philip’s chart analysis shows that, historically, Bitcoin has experienced periods of consolidation followed by significant price increases. He draws attention to past all-time highs, including the $15,000 peak in late 2017 and the more recent $59,000 high in 2021. 

Philip highlighted Bitcoin’s ability to break above key resistance levels, then retest those levels as support, a classic sign of a strong market.

Moreover, Philip emphasized that the overall macro trend is still pointing toward higher prices. The $70,000 mark is particularly noteworthy, as it has been identified as a key level to monitor. 

Ultimately, Bitcoin has previously broken above resistance levels, and such retests have often preceded bullish surges. Consequently, Philip’s chart indicates optimism, indicating that Bitcoin could eventually reach levels between $170,000 and $220,000.

Bearish Sentiment from Another Analyst

On the other hand, analyst Daniel has a more cautious outlook on Bitcoin’s short-term performance. Daniel highlights that Bitcoin is currently trading within a descending channel, a pattern that suggests a bearish market structure. 

Bitcoin 1D Chart
Bitcoin 1D Chart | DanielM

After Bitcoin’s rejection from the upper boundary of this channel, the price retraced to a support zone around $78,000. 

Daniel suggests that this support level may not hold if selling pressure persists. A breakdown below this zone would likely push Bitcoin price toward the $70,000 range, which is in line with the lower boundary of the descending channel.

He also warns that, unless there is a major shift in market momentum, the overall direction remains bearish. As such, traders should watch for confirmation of further price declines, such as lower highs and weak bullish pullbacks. Daniel also points to the importance of volume on red candles, which could provide further confirmation of bearish sentiment.

Here Are Projected Timelines for Dogecoin Price to Range From $1 to $5 

Lele Jima
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Here Are Projected Timelines for Dogecoin Price to Range From $1 to $5 

Multiple entities, such as Changelly and ChatGPT, are bullish on Dogecoin, predicting potential timelines for DOGE to clinch lofty targets of $1 – $5. 

Dogecoin (DOGE) is gradually recovering from the Monday crash that sent its price to $0.1315, representing a drop of 72.8% from its December 8 peak of $0.4835. Other prominent crypto assets, including Bitcoin and Ethereum, also significantly declined yesterday. 

Interestingly, DOGE has started recovering from the huge dip, with its price skyrocketing 15.89% from its daily low to $0.15. Despite the surge, DOGE is still down 79.33% from its all-time high (ATH), registered on May 8, 2021. 

While DOGE is far below its ATH, investors are still optimistic about a major rally in the future. They believe that DOGE could hit new ATH targets within the $1 to $5 range. 

DOGE Path to $1–$5

DOGE is trading at $0.1524, with a market cap of $22.67 billion. Its trading volume has spiked 71.25% in the past 24 hours to $3.13 billion. 

Hitting the targets of $1, $2, $3, $4, and $5 would demand DOGE to surge 556%, 1,212%, 1,868%, 2,524%, and 3,180%, respectively. At these targets, DOGE’s valuation will range between $148.76 billion and $743.81 billion. 

Potential Timeline for Dogecoin Surge to $1 – $5 

As this optimism gained momentum, The Crypto Basic consulted several sources, including ChatGPT and Changelly experts, to ascertain when DOGE could hit these targets. 

$1 Target Timeline 

Experts at Changelly predict that DOGE will hit the $1 target by April 2030. They suggest that DOGE would reach a maximum target of $1.02 by then, with the minimum price set at $0.867. 

However, popular AI chatbot ChatGPT speculates that Dogecoin will clinch the $1 target sooner, setting the estimated timeline around late 2025 to early 2026. ChatGPT assumes that the bull market must have gained traction by then, with strong retail enthusiasm driven by social media buzz. 

The chatbot also expects Elon Musk to contribute immensely to DOGE’s growth through social media mentions or business integration. 

$2 Timeline 

ChatGPT expects this target to materialize by mid to late 2026, driven by altcoin season, broader meme coin adoption, and several tech giants like X adopting DOGE as a payment method. 

However, Changelly believes DOGE will clinch the $2 target by February 2032, seven years from now. The exchange’s analysts expect DOGE to rise to a minimum price of $1.73 and a maximum target of $2.06 by then. 

DOGE to $3 – $4 Timeline 

Further, ChatGPT expects the $3 – $4 price target to play out between 2027 and 2028. The chatbot assumes that strong institutional interests alongside real-world utilities will drive Dogecoin’s potential surge to the target.

It also mentions Dogecoin’s exposure to exchange-traded funds (ETFs) as another catalyst that would drive its price to the $3 to $4 mark. It bears mentioning that asset managers like Bitwise and Grayscale have filed to launch a spot DOGE ETF in the U.S.

Meanwhile, Changelly analysts predict that DOGE will clinch the $3 target by February 2033 and $4 by November 2033. 

Timeline for DOGE Surge to $5 

Lastly, ChatGPT predicts that DOGE will clinch the $5 target under an extremely bullish scenario in which the token is recognized as the native currency of the internet.

If this happens, the chatbot expects DOGE to be integrated into top projects, including Starlink and gaming platforms. 

Based on these assumptions, ChatGPT predicts that DOGE will clinch the $5 price target between 2028 and 2030. However, Changelly believes it will take much longer before DOGE reaches the milestone, setting a timeline of June 2034, nine years from now. 

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