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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
In August 2025, the Crypto Assets market experienced an unexpected dramatic change, with DOGE becoming the protagonist of this transformation. Originally thought to hover around $0.20, DOGE suddenly erupted with astonishing vitality. In just one week, its price soared by 47%, with a market capitalization surpassing $35 billion, attracting widespread follow from the market.
Behind this wave of price increase, there are multiple driving factors. First, Tesla announced that its Supercharger stations will support DOGE payments, injecting practical value into this "meme coin king." Meanwhile, there has been a massive flow of funds in the market, with giant whales investing 530 million DOGE in just three days, showcasing the confidence of large funds in its future.
From a technical analysis perspective, DOGE is at a critical turning point. Since the low of $0.06 in 2023, DOGE has been following an ascending wedge pattern. Currently, the support level has risen to $0.17, while the upper edge of the wedge points to a high of $1.60. More notably, the current trend bears a striking resemblance to the explosive market conditions at the end of 2024. At that time, after touching the wedge support line, DOGE's price skyrocketed by 439%.
On the daily chart, the relevant indicators also show positive signals. The Relative Strength Index (RSI) has rebounded from the oversold area to above 50, and the MACD green bars are gradually narrowing, all indicating that the bullish momentum is building up.
On-chain data further confirms the influx of large capital. The number of whale addresses holding over 100 million DOGE surged from 87 to 112 in just 30 days, showing strong interest from institutional investors in DOGE.
The recent rebound of DOGE is not just a simple price increase; it is a re-establishment of its position in the Crypto Assets ecosystem. It is proving to the world that as a cryptocurrency that started as a joke but evolved into a true value carrier, DOGE still has its unique charm and market position.
As the cryptocurrency market continues to mature, the future direction of DOGE will continue to stir the market nerves. Whether it's investors, analysts, or ordinary observers, all will closely follow how this once "internet joke" will continue to write legend in the crypto world of 2025.