Dogecoin Price Prediction as Elon Musk’s SpaceX Plans to File IPO With SEC

Dogecoin price climbed nearly 3% in the past 24 hours, reaching $0.097. Investors reacted to reports that Elon Musk’s SpaceX plans to file for an IPO with the SEC. 

The top meme coin hovered just below the $0.10 mark, holding above key support near $0.096. The cryptocurrency market at large added 1% to a total value of 2.46T.

Bitcoin price also improved, going about $71,705, with risk appetite restored to major markets. Analysts linked the rally to easing geopolitical tensions following a temporary pause in potential U.S. strikes on Iranian energy facilities. The momentum can depend on the larger market sentiment in the future.

Elon Musk’s SpaceX Plans to File IPO With SEC

This week, Elon Musk’s SpaceX is reportedly preparing to submit a confidential IPO filing to the U.S. Securities and Exchange Commission. The move could happen within days, according to a report published on March 24. Neither Musk nor SpaceX has publicly confirmed the exact timing of the filing. However, sources familiar with the matter suggest preparations are advancing quickly.

The anticipated public debut is currently projected for June 2026. SpaceX has already selected major Wall Street banks to manage the offering. Morgan Stanley, Bank of America, Goldman Sachs, and JPMorgan Chase are expected to serve as lead underwriters. Advisers involved in the discussions believe the company could raise more than $75 billion.

Estimates suggest SpaceX may target a valuation between $1.5 trillion and $1.75 trillion. Reports also indicate that individual investors could account for more than 20 percent of the allocation.

In a related development, SpaceX has formally acquired Musk’s artificial intelligence venture, xAI. The combined private valuation of the businesses is said to be approximately $1.25 trillion. Meanwhile, Musk recently confirmed that X Money will begin early public access in April.

Analysts Predict 29% Surge for Dogecoin Price Amid Breakout Setup

Dogecoin price is trading within a descending triangle on the four-hour chart, analysts report. The trend points to a narrowing price movement and suggests a possible 29% movement. Market observers are also indicating the development of an inverse head and shoulders pattern.

A breakout that is above the resistance has brought fresh bullishness in the minds of traders. Analysts believe the meme coin had a chance to continue its gains in the near future provided buying pressure persists.

DOGE Price Analysis Signals Bullish Continuation if $0.10 Clears

The latest DOGE price surged to $0.09710 during Wednesday’s trading session on Binance, signaling renewed short-term strength.

The price movement of Dogecoin shows a hanging band around the $0.10 price. DOGE tried to break this barrier a number of times without being able to achieve the firm breakout.

A sustained move above $0.10 could open the path toward $0.11. Further bullish momentum may even push the full DOGE forecast report toward the $0.12 region.

The Relative Strength Index is currently at 64 on the four-hour chart. The reading implies the continuation of bullish momentum without going into overbought conditions.

In the meantime, the Chaikin Money Flow indicator is about 0.10. The positive CMF figures indicate consistent inflows of capital into.

On the negative side, short-term support is holding at $0.095. Any failure below this level can present DOGE to $0.09.