Dogecoin Breaks Out, Crypto Analysts Predict Gains of Up to 29%

The price of Dogecoin is experiencing a significant surge following Bitcoin’s recent record-breaking high. On May 22, 2025, Bitcoin reached a new all-time high of $111,600, driving Dogecoin’s growth to over 6% within 24 hours. Currently trading from $0.2408 after rising from an intraday low of $0.2244 according to CoinMarketCap, the coin is exhibiting notable volume increases, signaling a bullish momentum.