Greetings, investors! Welcome to your Thursday update on March 20, 2025—a detailed look at the standout events driving Dogecoin (DOGE) this month. Priced at $0.1718 as of yesterday (CoinMarketCap), DOGE’s journey reflects whale moves, ETF speculation, and market resilience—here’s a breakdown of the top developments shaping its path.
- Whale Accumulation Surge
- Date: March 1-10
- Details: Whales scooped 1.7 billion DOGE ($285 million)—Benzinga reports 360 million DOGE ($62.67 million) hit Binance March 10; price rose 2.89% to $0.1738 by March 15 (U.Today).
- Why: Signals conviction—$0.20 eyed (Benzinga); X posts: “Whales loading up!”
- ETF Filing Momentum
- Date: March 12
- Details: Bitwise’s DOGE ETF filing accepted by SEC—U.Today notes a May 21 decision; open interest spiked 6% to 8.42 billion DOGE (CoinDesk).
- Why: Boosts legitimacy—$0.30 potential if approved (Yahoo Finance); X buzzes: “DOGE ETF hype!”
- Network Activity Boom
- Date: March 15
- Details: Active addresses soared 400% to 395,000 (Santiment)—U.Today ties to $0.14 support bounce March 11; defied death cross fears.
- Why: Usage spikes—$0.227 forecast by March 21 (Changelly); X cheers: “Network’s alive!”
- Market Volatility Dip
- Date: March 17-18
- Details: DOGE fell 4% to $0.166 March 10, then steadied—Decrypt links to Fed rate pause; up 3% post-FOMC (FXStreet).
- Why: Macro calm aids—$0.20 resistance looms (U.Today); X posts: “DOGE holds firm!”
- Racing Partnership Buzz
- Date: March 19
- Details: Dogecoin Foundation inked an Indy 500 deal—Motley Fool flags 350,000+ spectators; price ticked up 2.9%.
- Why: Profile boost—$0.456 peak possible (Changelly); X notes: “DOGE’s racing ahead!”
Markets shift—ConocoPhillips (COP) at $104 and Northrop Grumman (NOC) at $510 ride oil-defense waves. DOGE’s $0.1718 eyes $0.20-$0.30 if ETF lands—GLHR Investing Team’s got your edge!
Bonus: Solana (SOL) Update
- Price: $123.10 (March 19)
- Details: Down 9% March 10 (Decrypt), up 2% post-Fed (FXStreet)—17 ETF filings by March 17 (Yahoo Finance); 9% of $57.6 billion cap locked in DeFi (CoinDesk).
- Why Hot: Scalability shines—$150-$200 range if ETFs clear (Coinpedia); X posts: “SOL’s DeFi king!”
