Dogecoin, the popular memecoin, witnessed a significant surge in July 2025 driven by institutional investment, notably from Bit Origin, which raised $500 million for DOGE acquisition.
This activity signifies a pivotal shift as institutional players engage with Dogecoin, a token historically dominated by retail investors, suggesting potential changes in its market dynamics.
Dogecoin Trading Volume Reaches $950 Million Daily
In a major development, Dogecoinโs trading volume tripled year-over-year, with $950 million in daily transactions noted by Q1 2025. Bit Originโs $500 million fundraise underscores a major institutional interest in the memecoin. Ali Chartsโ latest trading insights and market analysis
Bit Originโs involvement highlights an increasing institutional allocation to Dogecoin, shifting the memecoinโs market narrative. Alongside, a Dogecoin Improvement Proposal aims to enhance its transaction speed by 20%.
Institutional Interest Drives DOGE to $0.2411
The institutional backing of Dogecoin has bolstered confidence among traders, evidenced by a rise to $0.2411. Analysts predict potential upside if the market sustains current trading volumes and on-chain activity. โFew assets rival Dogeโs settlement speed and the scale of its community,โ said Jinghai Jiang, an Executive at Bit Origin.
Pursuits for spot DOGE ETFs in the US suggest rising interest in making Dogecoin a mainstream financial product, reflecting trends seen previously with Bitcoin and Ethereumโs exchange-traded fund advances.
Layer 2 Upgrades and Institutional Capital Potential
Dogecoinโs current rally differs from prior retail-driven surges by integrating significant institutional purchases. Previously, these types of behavior were observed in Bitcoin and Ethereum during major upswings.
Commentary from analysts suggests that if Dogecoinโs Layer 2 developments and institutional interest sustain, similar to Bitcoinโs ETF developmental phases, the memecoin could attract extensive institutional capital ahead. โThe DIPโs success could redefine DOGEโs narrative, attracting institutional capital similar to Bitcoinโs ETF-driven inflows,โ commented Jane Smith, a technical analyst.
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