After days of consolidation, the Dogecoin (DOGE) price is showing signs of life, having risen by 31% from its lowest point this month. This recovery has added about $5 billion in value, and raised the question whether DOGE price could surge 445% to hit $1.
While Dogecoin price has bounced back, it remains much lower than its all-time high. Precisely, it has dropped by 76% from its 2021 high and is 65% lower than its 2024 high. Let’s explore the only way that the coin jumps and hits $1.
Dogecoin Price Can Reach $1 if Key Things Happen
The value of DOGE needs to rally by 445% to get to $1. Such a move would create a cryptocurrency with a market cap of nearly $150 billion, since its maximum circulation is 148.98 billion tokens.
A $150M valuation in the crypto market is possible. Bitcoin and Ethereum have already surpassed that milestone, while Tether and XRP are close behind. As the biggest meme coin in crypto, such a climb is possible.
Additionally, a 445% surge, while large, is attainable in the crypto industry. A notable example is Fartcoin, a Solana meme coin that bottomed at $0.2053 in March has jumped by 443% to $1.095.
DOGE price also has a record of having triple-digit gains. While its price has pulled back recently, it remains 200% above its 2023 lows.
Dogecoin price can jump to $1 if there is a Bitcoin-led rally. A look at DOGE’s history reveals that it tends to rally only when BTC is in a strong bull run. Therefore, with odds of a Bitcoin surge rising, there is a likelihood that it too will rally.
Additionally, the SEC needs to approve a spot DOGE ETF, which will help it gain inflows from Wall Street investors. Odds of approval are high because it is a proof-of-work coin like Bitcoin.
Daily Chart Shows to a DOGE Price Rebound
Chances are that Dogecoin will eventually surge and hit $1. What is clear, however, is that this rebound to that target will take months or even years to happen.
The daily chart shows that it may be on the cusp of a bull run. It has formed a small double-bottom pattern at $0.1480. It has also formed a big falling wedge pattern and its price has already jumped above the upper side.Dogecoin also sits above the rising trendline that links the lowest prices since August last year.
Therefore, the short-term DOGE price forecast is bullish, with the most viable target being the psychological level at $0.25. This target is approximately 45% higher than the current level. A surge to $1 will be confirmed if it rises above the 2024 and 2021 highs.
Dogecoin Price
Take note of the double-bottom level at $0.1480 as a break below there will signal more downside, potentially to $0.10.
XRP has recently been facing a downtrend, with the altcoin dipping below key support levels. However, it seemingly established a bullish pattern that appeared poised for a breakout.
Yet, the overvaluation of XRP has made this breakout unlikely. As the altcoin’s price surges, concerns about its sustainability are mounting.
XRP is Highly Overvalued
This week, XRP’s network value-to-transaction (NVT) ratio spiked to a five-year high, signaling an overvaluation. The NVT ratio is a critical indicator that compares a cryptocurrency’s market capitalization to its transaction volume. When the NVT ratio increases sharply, it suggests that the network value is outpacing actual transaction activity.
This condition has historically been associated with an upcoming correction in price. The last time the NVT ratio reached similar levels was in January 2020, just before XRP experienced a significant price downturn. The surge in NVT suggests that the market is becoming overheated, with expectations of a cooldown.
Despite XRP rallying 22% in the past two weeks, technical indicators paint a more concerning picture. The Chaikin Money Flow (CMF) indicator has displayed a significant spike, often suggesting that money flows into the market. However, a closer look at the volume of inflows reveals that substantial buying activity has not supported the price increase.
Instead, hype and speculation drive the price surge more than genuine investor interest.
With this in mind, XRP’s rally may be more of a short-term anomaly rather than a sustainable upward trend. As the market cools down and the hype subsides, the altcoin will likely struggle to maintain its recent price levels. The overvaluation condition remains a significant risk, potentially leading to a price correction.
XRP is currently trading at $2.19, showing a 22% increase in the last two weeks. The altcoin appears to be preparing for a breakout from a three-month-old descending channel. However, this breakout faces challenges, as the overvaluation condition and broader market indicators suggest that the rally may not last.
Given the potential bearish factors, even if XRP manages to break out, the rally could be short-lived. The price could retreat to $2.02, or possibly lower to $1.94, if the breakout fails to hold. The combination of overvaluation and weak buying momentum could quickly reverse any gains.
On the other hand, if XRP does manage to sustain its breakout, securing $2.40 and $2.56 as support levels could provide the necessary foundation for further price growth. Such a move would invalidate the bearish outlook, allowing XRP to push higher and continue its ascent.
Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. Millions of people hold crypto in different wallet types, yet few can use these assets at local stores.
Merchants hesitate to accept crypto due to price volatility, technical barriers, and high integration costs. As SpacePay approaches $1 million in presale funding with tokens at $0.003126, its focus on solving this practical gap stands out.
The Missing Connection in Crypto Commerce
A major disconnect exists between crypto ownership and actual spending options. While people hold billions in digital assets across hundreds of wallet types, few merchants accept these currencies for everyday purchases. This gap prevents crypto from fulfilling its original purpose as a payment system for regular transactions.
Merchants hesitate for several practical reasons. Traditional crypto payments expose businesses to price volatility – a $100 sale might be worth $90 by settlement time.
Most systems require special equipment or software that costs thousands to implement. The technical complexity often confuses both staff and customers, creating checkout delays and errors.
Previous crypto payment solutions typically charge 1-2% fees plus network costs, making them more expensive than traditional card processing for many transactions. Settlement times of hours or even days create cash flow problems for businesses that need immediate access to their earnings.
These barriers create a market opportunity that SpacePay addresses by connecting existing payment terminals directly to crypto wallets.
325+ Wallets, One Simple Payment System
SpacePay solves wallet fragmentation through a universal QR code system. Instead of requiring merchants to support hundreds of different crypto payment methods, the platform generates a single QR code that works with any of the 325+ supported wallets.
This universal approach means stores don’t need to choose which cryptocurrencies to accept or which wallet systems to support.
The technical process stays invisible to both merchants and customers. When a store enters a payment amount on their terminal, SpacePay’s system creates a QR code containing all necessary transaction details. This code works as a universal translator between different wallet protocols, handling the complex mapping of payment information across various crypto standards.
Behind the scenes, the system verifies payments through smart contracts that check wallet balances and transaction validity. This verification happens within seconds, confirming the payment to the merchant’s terminal just as quickly as a card transaction.
By eliminating the need for special equipment, SpacePay removes a major adoption barrier. Stores use their existing Android-based payment terminals through a simple software update, requiring zero new hardware purchases.
Merchant Benefits Beyond Lower Fees
While the 0.5% fee creates obvious savings compared to 3% card rates, merchants gain several advantages beyond cost reduction. Instant access to funds changes how businesses operate daily.
A store making morning sales can use that money immediately for afternoon inventory purchases. This quick access helps businesses respond to opportunities faster – from supplier discounts to unexpected stock needs.
Price protection removes the volatility risk that previously kept merchants from accepting crypto. When a store sells an item for $100, they receive exactly $100 in their local currency regardless of crypto market movements.
This guarantee lets businesses set consistent prices without worrying about exchange rate changes affecting their income.
Accepting crypto payments opens stores to new customer segments. Crypto holders often seek businesses where they can spend their digital assets, creating new sales opportunities. For international businesses, the system allows tourists and cross-border shoppers to pay without currency conversion fees or foreign transaction charges.
The multi-wallet compatibility means merchants don’t need to choose which cryptocurrencies to support. By accepting payments from 325+ different wallets, stores accommodate the widest possible range of crypto users.
From Concept to $1M Presale Success
SpacePay built its presale success on completed achievements rather than just future plans. The platform secured $750,000 in private investment, which funded development of the core payment system. This early backing from professional investors provided the foundation for building working technology before seeking wider market support.
Key milestones show actual progress beyond concepts. Smart Contract Audits verify that the payment system processes transactions securely while protecting user funds.
The “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23 provides external validation from industry experts. These concrete achievements help explain why presale funding approaches $1 million with tokens at $0.003126.
The expansion strategy focuses on creating adoption clusters in business districts. When several stores in a shopping area use SpacePay, they create natural awareness among both customers and neighboring businesses. This organic growth happens through visible results rather than marketing efforts.
New supporters can join the presale at the current token price using USDT, AVAX, BASE, MATIC, ETH, BNB, or bank cards. The platform accepts various payment methods through a clear process on the official website. Community channels on Telegram and X share regular updates about development progress.
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Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. Millions of people hold crypto in different wallet types, yet few can use these assets at local stores. Merchants hesitate to accept crypto due to price volatility, technical barriers, and high integration costs. As SpacePay approaches $1 million in presale …
MANTRA is planning to launch a $108,888,888 Ecosystem Fund to drive RWA innovation over the next four years and help accelerate projects in MANTRA’s blockchain ecosystem.
MANTRA’s native token OM has shown significant resilience in the current market downturn. OM is currently the only altcoin among the top 30 tokens to have posted positive gains over the past 24 hours.
Today, it announced the launch of a $108,888,888 Ecosystem Fund to propel RWA innovation in its blockchain ecosystem.
“In an era where blockchain technology is revolutionizing finance, the MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through a focus upon the tokenization of real world assets. We are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem,” claimed John Patrick Mullin, founder and CEO.
Mullin delivered these comments in an exclusive press release shared with BeInCrypto. MANTRA plans to deploy this fund over the next four years, working with “a strong network of partners and investors” to maximize RWA growth.
The firm also claimed that its new license approvals in Dubai will allow it to facilitate advanced financial services.
MANTRA successfully obtained a Virtual Asset Service Provider (VASP) license, which will allow it to act as a crypto exchange and offer broker-dealer, management, and Investment Services. With these tools, the network can direct RWA investment.
Today, we’re announcing the launch of the MEF – a $108,888,888 million investment initiative designed to propel real world asset innovation, adoption and growth.
But we’re not doing this alone. We’ve got leading incubators, accelerators and capital partners by our side;… pic.twitter.com/oyeCOJ9QrE
— MANTRA | Tokenizing RWAs (@MANTRA_Chain) April 7, 2025
In fact, MANTRA’s native token is the only cryptocurrency among the top 30 to have any positive gains. It’s also among the top 5 highest gainers in the market today.
MANTRA (OM) Daily Price Chart. Source: BeInCrypto
Overall, investors seem extremely confident in MATRA’s growth and the network’s continuous development. The project’s latest investment fund reflects its commitment to influencing positive developments in the RWA ecosystem.
Meanwhile, the find will likely encourage more RWA projects to launch or shift to the network, increasing MANTRA’s utility. According to DefiLlama, the network only has $4.2 million in total value locked (TVL).
With this fund, the project’s main goal will be to improve participation and long-term engagement on the blockchain.