Dogecoin (DOGE) price surged past the $0.18 resistance level. This followed Donald Trump’s pledge to fund $2,000 dividends using potential tariff proceeds.
Dogecoin (DOGE) recently experienced a significant price surge, breaking past the $0.18 resistance level. This rally followed recent comments from Donald Trump saying he will use money from possible tariffs to fund $2,000 dividends for Americans. The news has sparked speculative interest throughout the crypto market, with meme currencies such as Dogecoin reaching particular heights.
Volume Surge and the “DOGE Dividend” Concept
The date of the rally was Monday, November 10, 2025. Trump’s words encouraged a greater appetite for risk among investors. This resulted in a rotation of capital to more speculative assets, such as different meme coins. According to CoinMarketCap, Dogecoin’s price in particular rose by more than 5%, and was able to break through the $0.18 resistance level to reach a high around $0.1826.
The breakout in the price of Dogecoin was backed up by a massive spike in trading volume. The volume of trade was up a whopping 180% which shows that there was a lot of accumulation from institutional as well as retail investors who reacted quickly to the news. This implies that the rally was not a brief knee-jerk but was supported by significant market activity.
Related Reading: DOGE News: Spot Dogecoin ETF Nears Launch as Bitwise Submits 8(a) Filing | Live Bitcoin News
While Trump’s latest dividend idea is linked to general tariff proceeds, it is worth noting a previous concept early in 2025. Discussions previously had connected a “DOGE Dividend” idea, by which savings from government efficiency efforts would be distributed directly with Trump. This previous concept had even been supported by Elon Musk. This pre-existing association probably drove the market’s response to the new dividend pledge, as investors were quick to link the populist sentiment to Dogecoin.
Traders have cited Trump’s populist rhetoric for inflaming hopes of more relaxed fiscal conditions. Historically, periods of perceived monetary or fiscal expansion have been accompanied by growth in speculative interest in digital assets. This economic outlook often encourages investors to take on more risk. As a result, cryptocurrencies are seen as a hedge against inflation and a chance for high growth.
ETF Developments Bolster Dogecoin Sentiment
The current market rally for Dogecoin is also taking place with significant developments of ETF (Exchange-Traded Fund). On November 7, Bloomberg ETF analyst Eric Balchunas revealed key information, and he said the Bitwise Dogecoin spot ETF could debut in just 20 days. Meanwhile, this timeline became possible after Bitwise filed an amendment to its registration form with the SEC.
According to the filing, Bitwise particularly deleted the “8(a)” clause. This clause, or the “delaying amendment,” in the past gave the SEC the discretion to delay the launch of ETFs. By dropping this clause, Bitwise has effectively gotten the DOGE ETF on a faster track for potential approval. The amended form strongly implies that if the mandatory 20-day waiting period comes to an end, the DOGE ETF could be listed for approval.
Balchunas gave a clue to the potential launch date of Bitwise’s DOGE ETF between November 26 and November 27. This timeline is, however, conditional on the SEC not taking any further measures to delay the debut. The anticipation of a spot DOGE ETF is driving excitement in the market. Consequently, it would provide a regulated way for institutional and mainstream investors to access Dogecoin. As a result, this could boost demand and potentially increase its price.
In conclusion, there is a strong combination of political rhetoric and imminent regulatory developments behind Dogecoin’s recent breakout above $0.18. Donald Trump’s promise of $2,000 dividends served as an immediate catalyst. On the other hand, the removal of the SEC’s delaying amendment for a Bitwise Dogecoin ETF gives some great underlying bullish sentiment.
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