Dogecoin has collected 8.4% on its daily charts, 9.1% on its weekly charts, 30.1% in the previous month, and over 120% since August 2024. Let’s discuss whether Dogecoin (Doge) can achieve the $0.50 mark after potential interest rate cuts in September 2025.
Will Dogecoin rise to $0.50?
Doge’s latest rally comes after President Trump has allowed his retirement funds to invest in crypto assets. The move was another milestone for the crypto community. The move is in line with growing demand for crypto exposure among institutions and investors. Doge will be able to find himself in a 401(k) account in the future. Including crypto in retirement funds can lead to a major bullish reversal of the crypto market.
The Doge rally is also due to the high possibility of interest rate reductions in September. The Crypto market faced substantial price corrections after the Federal Reserve decided not to change interest rates after the last meeting. President Trump has repeatedly called for the Federal Reserve to cut interest rates. According to the CME FedWatch tool, there is an 89.4% chance that the Federal Reserve will cut interest rates at 25 basis points next month. Rate reductions can lead to a surge in dangerous assets such as Dogecoin (Doge) and other cryptocurrencies.
It is also possible that the crypto market will face another bearish stage. The global economy remains vulnerable. President Trump’s tariffs, trade wars and slowing economic growth could present a major barrier to DOGE and the larger crypto market. Interest rate cuts could provide some cushioning for market dips. The full bull run may not be round the corner yet.
