The OG meme cryptocurrency Dogecoin (DOGE) was seen making headlines recently. This time, it wasn’t very bullish. Elon Musk’s interest in DOGE has been a game changer for the entire market. His entry into the US government this year was reflecting well on the meme coin. But things took a different turn as Musk negated the possibility of the government using DOGE. But this news barely had an impact on the price of the asset. Dogecoin continued to surge further instilling hopes for a bright and bullish month of April.
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Is Dogecoin Turning Over A New Leaf?
Most assets in the cryptocurrency market were on an uptrend. Meme coins, however, were leading this trend. Dogecoin, throughout the past 24 hours, was up by nearly 4%. It shot up to a high of $0.1706. At the time of writing, the OG meme coin was trading at $0.1699. Just earlier today, DOGE was priced at $0.1605.
It looks like Musk’s statement did not have a major impact on DOGE. During a recent event in Green Bay, Wisconsin, Musk was asked about the possible role of DOGE in the government. Addressing the same, the world’s wealthiest man said,
“There are no plans for the government to use dogecoin or anything as far as I know. They happen to be similar names, but really, we’re just literally trying to make the government 15% more efficient.“
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April 2025 Price Prediction
According to predictions from CoinCodex, Dogecoin might rise as high as $0.609273 during the month of April this year. This further represents a 257.20% increase from the meme coin’s current price. The firm set DOGE’s average trading price at $0.461622 for this month. The lowest that the meme coin is expected to be priced at is $0.388491.
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