Crypto analyst KrissPax has revealed that the Dogecoin price is mirroring a pattern from a previous bull run. Based on this, he raised the possibility of a price surge to $4 for the foremost meme coin. 

Dogecoin Price Mirroring 2017 Pattern As It Eyes Rally To $4

In an X post, KrissPax stated that the Dogecoin price continues to trade in a similar pattern to the 2017 bull cycle. He added that if the second large breakout of this cycle happens, DOGE could surge well over its current all-time high (ATH) of $0.73. His accompanying chart showed that the foremost meme coin could reach $4 when this price breakout occurs. 

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Crypto analyst Master Kenobi also recently mentioned that the Dogecoin price is mirroring a bullish pattern from the 2017 bull run. Like KrissPax, he also alluded to DOGE witnessing a second parabolic phase of its bull run, just like in 2017. However, he gave a more conservative prediction, predicting that DOGE could rally to $1.1 by June later this year. 

The Dogecoin price already looks set for the second phase of its bull run, seeing as the foremost meme coin looks bottomed. Crypto analysts like Trader Tardigrade also suggested that DOGE has bottomed, having dropped to as low as $0.14. Now, the foremost meme coin could be targeting new highs, especially with the Bitcoin price also in rebound mode. 

Crypto analyst Ali Martinez stated that the Dogecoin price is breaking out of a triangle, which can result in a 16% upswing. The target is a rally to $0.183, which could pave the way for a further rally to the psychological $0.2 price level. Dogecoin whales are also actively accumulating in anticipation of this price surge, as they bought over 120 million DOGE last week.

A Breakout Has Yet To Occur

While analyzing DOGE’s daily chart, Trader Tardigrade warned that the Dogecoin price hasn’t broken out just yet. His accompanying chart showed that the foremost meme coin needs to break above $0.185 to confirm the breakout. The analyst also noted that DOGE is struggling to break a descending trendline, as it continues to stay below this resistance after several attempts. 

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However, the analyst provided some positives for the Dogecoin price, stating that the RSI has shown a breakout, indicating that DOGE has gained significant momentum recently. He added that a strong uptrend could occur if this momentum continues to build. The accompanying chart showed that the meme coin could record a parabolic rally to as high as $0.5 if it breaks above $0.185.

At the time of writing, the Dogecoin price is trading at around $0.18, up over 4% in the last 24 hours, according to data from CoinMarketCap.

Featured image from iStock, chart from Tradingview.com

Memecoins, fixed-rate DeFi, and tokenization — are they the future of finance or just overhyped trends?

Charles St. Louis, CEO of Texas-based DELV, has spent over a decade shaping the DeFi landscape, specializing in fixed-rate lending, tokenized real-world assets, and governance. In this wide-ranging discussion, he unpacks the reality behind the hype, from memecoins as onboarding tools to how tokenization is transforming investment structures.

Read on for St. Louis’ take on DeFi governance, regulatory shifts, and the Trump administration’s evolving crypto stance.

Memecoin critics cite high trading risks, extreme volatility and pump-and-dump schemes. What’s your take?

Memecoins are exactly what the word suggests: memes. They have no underlying utility, revenue model, or long-term fundamentals. You’re buying into a trend, hoping it gains attention, and that’s about it. Unlike structured DeFi tokens like Maker or Morpho, which have actual revenue-generating mechanisms, memecoins are purely speculative. That being said, there is a silver lining. Memecoins bring more people into the crypto space. They act as an onboarding tool, exposing retail investors to digital assets. The hope is that once they engage with crypto through memecoins, they start exploring more substantive financial alternatives. But, that assumes their experience with memecoins doesn’t leave them jaded about the real values made available through DeFi.

Regarding fixed-rate DeFi products: Wouldn’t a lending model like that become unsustainable if the underlying assets or collateral lose value suddenly? Pretend I’m a borrower. Why shouldn’t I worry?

We’ve built two core fixed-rate products at DELV. The first is fixed-rate yield, which functions in some ways like zero-coupon bonds. Users buy crypto at a discount, and it matures to full value over time. Say, buying 0.95 ETH and watching it grow into 1 ETH. This is ideal for passive investors who want predictable returns without actively managing volatility.

The second product is fixed-rate borrowing. Hyperdrive allows us to effectively create fixed-rate versions of existing variable-rate borrowing markets, like those on Morpho or Spark. This is crucial for institutions that require stability.

As for risk, most DeFi borrowing is overcollateralized, meaning users must put up $150 to borrow $100. This makes defaults far less likely than in traditional finance, where undercollateralized loans are common. The real challenge in DeFi borrowing is digital identity and reputation, without credit scoring, there’s no way to assess borrower reliability. Until that’s solved, overcollateralization remains necessary for risk management.

Are any companies at the forefront of tokenizing real-world assets (RWAs)? It seems like there is a lot of talk but no implementation.

Tokenization is a game-changer because it removes the inefficiencies of traditional financial markets. Instead of slow, paper-based processes, assets like real estate and treasury bills (T-bills) can be tokenized and traded on-chain instantly and 24/7/365. This not only increases liquidity but also expands access to global investors. For example, manufacturers can tokenize their real estate assets and borrow against them in real time, eliminating the need for slow bank approvals. Similarly, tokenized T-bills allow anyone with an internet connection to invest in government debt without a broker. It’s about accessibility and efficiency. There’s a lot of talk about RWAs, and while we’re still in the early days, we’re seeing serious adoption. Franklin Templeton, BlackRock, and JPMorgan are moving into tokenized securities. Ondo Finance is bridging DeFi capital to RWAs, and Maple Finance is focusing on on-chain credit markets.

What’s next for DeFi governance as regulatory clarity increases?

Many teams launched DAOs too early, giving full control to token holders before proper infrastructure was in place. This led to inefficiencies, voter apathy, and governance attacks. Regulatory clarity is allowing for a more structured approach. The U.S. is beginning to recognize ‘safe harbor’ provisions (at least in spirit), meaning teams will be able to gradually transition control to DAOs instead of decentralizing overnight. This will lead to more sustainable governance models. Additionally, legal wrappers for DAOs are becoming more common, allowing them to operate as structured businesses. Right now, many DAOs can struggle to manage massive treasuries in a way that adheres to tax compliance or accountability concerns. That’s going to change as regulatory clarity improves.

Trump is certainly loosening regulations around crypto. Are there any issues you feel deserve more attention?

Trump has taken a more hands-off approach to crypto regulation while he gives time for relevant agencies to develop thoughtful approaches that constructively advance their core missions, which has been positive for innovation. His policies of reducing regulation by enforcement (such as with the U.S. Securities and Exchange Commission) and pushing for a national Bitcoin reserve have definitely brought attention to the market.

However, more attention could be — and likely will be — given to stablecoin and real-world assets and how they’re regulated. While Bitcoin’s value cannot be denied, it has also become a buzzword that overshadows  stablecoins and tokenized assets, which are more likely to serve as foundational building blocks for institutions.

Dogecoin is at a critical point, with its price hovering around $0.16. Traders are watching closely, as this support level could be the deciding factor in whether the meme coin takes off or tumbles further. If history is any guide, maintaining this level could spark a rally, while losing it may bring more pain.

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Dogecoin: Key Level To Watch

The $0.16 support level is not just a random number—it has been a crucial zone for Dogecoin. If it stays above this mark, there’s a strong chance of a rebound. Past price movements suggest that Dogecoin tends to climb after testing key supports.

Some analysts believe that holding this level could lead to a breakout toward the $0.20–$0.30 range in the near term.

Crypto analyst Ali Martinez has weighed in, stating that Dogecoin’s price is following an ascending parallel channel. He believes that if the $0.16 support holds, the meme coin could surge toward $2.74 or even as high as $6.24 in a strong bullish scenario.

However, a breakdown below this level could invalidate this outlook and send the price lower.

#Dogecoin $DOGE is nearing a crucial support level at the lower boundary of this channel. Holding above $0.16 could fuel a strong rebound! pic.twitter.com/foCUdbnTFZ

— Ali (@ali_charts) March 9, 2025

Traders Adjust Price Targets

The market mood is shifting. Some traders are setting their profit targets between $0.70 and $0.80, looking for another big move. Even with recent setbacks, many people still believe that Dogecoin will reach $1.

Even if this seems far-fetched, anyone who recalls Dogecoin’s meteoric climb in 2021 knows that when momentum builds, it may surprise.

Short-term traders, meanwhile, are exercising caution and holding off on making significant trades until they receive clear signs.

The course of the next few days may determine if Dogecoin continues to trend upward or remains in its present range.

History Hints At A Possible Rally

Dogecoin’s past performance shows a pattern of major price swings after testing strong support zones. After going up from key marks in 2017 and 2021, the coin made a lot of money.

If things keep going the way they are, some experts think Dogecoin could go over $1.75 in its next bull run.

Still, it’s never easy to tell how crypto will move. External factors, such as how the market feels, Bitcoin’s price movement, and broader economic trends, will also affect the meme coin’s price route.

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Current Price Action

Currently selling at around $0.174, Dogecoin has dropped about 7% over the previous day. The low dropped to $0.16; the intraday high hit $0.1878. The meme crypto’s market capitalization now is almost $26.23 billion. Technical indicators suggest a possible rebound, but that depends on whether buyers step in at this critical level.

Featured image from Gemini Imagen, chart from TradingView