DOGE Price Surges 7% Amid Reserve Initiative and 10M Token Purchase by  Dogecoin Foundation– What’s Next for the Meme Coin?

Dogecoin price increased by 7% in the last 24 hours, attaining a $0.181 price on March 25, with an intraday high of $0.189. This rise has drawn the interest of investors, making an analysis and questioning whether this trend will continue or not. The DOGE Reserve Initiative, growing Dogecoin ETF speculation, and technical market trends have played vital roles in this price jump. However, some warning signs also suggest possible risks. Will DOGE continue its bullish trend, or will there be a correction ahead?

Dogecoin’s market activity has increased investors’ speculation about its further trend. While the meme coin suggests strong buying momentum, technical signals hint at potential reversals. Rising institutional interest has promoted this rise, but historical market patterns suggest that rapid surges can also fall quickly. With traders closely monitoring resistance levels, DOGE’s coin’s further moves will decide whether it will sustain its positive trend or face downward.

DOGE Reserve Initiative Sparks Investor Confidence

A major catalyst for DOGE’s recent price rally is the DOGE Reserve Initiative, brought by the Dogecoin Foundation on March 24. This initiative focuses on stabilizing the meme coin’s market position and also on improving institutional trust. As part of this initiative, the foundation purchased “10 million DOGE coins, ”which were valued at $1.80 million, thus marking a great step toward ensuring long-term stability in Dogecoin’s ecosystem. This transaction has reassured investors, driving increased market activity.

The initiative aligns with ETF speculation growth, including DOGE’s bullish outlook. Polymarket’s launch of the Dogecoin ETF in 2025 has surged to 72%, up from 27% in January. Institutional interest has increased as traders expect new financial gains around DOGE. This speculation has created optimism in the market, attracting buyers who see the potential for a further price surge. If institutional assistance continues, Dogecoin price could hold strong upward momentum.

Dogecoin (DOGE) Current Market Price and Trends

Dogecoin (DOGE) is presently trading at $0.18633, showing a 1.81% increase. Over the last 24 hours, it has shown a gain of 5.75%, peaking at $0.189. This surge follows the Dogecoin Reserve launch, which has boosted investor confidence. The market capitalization stands at 27.76 billion dollars, with a trading volume of 1.59 billion DOGE in the previous day.

Chart 1- DOGE/USD Live Price, publishe on Tradingview, March 25, 2025. 

Chart 1 shows strong intraday fluctuations, with an early spike followed by consolidation before any other upward push. Over the past week, DOGE has risen 7.61%. However, the monthly trend remains negative at -24.38%. Despite a 71.92% six-month growth, DOGE is still 40.85% down when comparing within a year till now, reflecting ongoing volatility in the cryptocurrency market.

Bear Flag Pattern: A Warning Sign for Dogecoin Forecast?

Despite its recent gains, Dogecoin is showing symptoms of a bear flag pattern, which commonly signals a possible market correction. A bear flag forms when an asset consolidates in a rising channel after a major decline, frequently leading to every other downward move. If DOGE breaks below the lower trend line of this pattern, analysts predict a 35% decline to $0.117 by April, developing concerns amongst traders.

However, a breakout above the flag’s upper trend line will invalidate this bearish outlook. If DOGE surpasses resistance levels, it may climb toward the 50-day EMA at $0.214, confirming a bullish reversal. The next few trading sessions will be essential in determining Dogecoin’s direction. If buyers sustain momentum, the bullish trend could continue; however, if the bear flag holds, DOGE might also face another vast price drop.