Key Takeaways:
- DOG’s Bitcoin foundation and growing legitimacy set it apart from other meme coins.
- Kraken’s listing and rising social engagement underscore DOG’s rapid traction.
- Analysts project massive growth potential, with DOG possibly reaching $0.24–$1 if it flips Dogecoin.
Crypto analyst Dan Gambardello is doubling down on his bullish stance toward DOG, a Bitcoin-based meme coin minted via the Runes Protocol. In a tweet shared today, Gambardello reiterated that DOG will not only outperform Dogecoin (DOGE) during this market cycle but could also dethrone it as the leading meme coin in the long term.
Yes, $DOG ON BITCOIN CAN FLIP $DOGE.
— Dan Gambardello (@cryptorecruitr) June 27, 2025
Let me explain how…
Intro 00:00
Why memecoin 00:40
Let me make it obvious 1:00
Kraken 2:20$DOG to flip $DOGE 2:45
Social engagement 3:20$DOG in an altcoin bull market 5:00 pic.twitter.com/aBmT4jMt7V
DOG’s Unique Edge as a Bitcoin-Based Meme Coin
Gambardello’s enthusiasm stems from DOG’s unique position as the first major meme coin built directly on Bitcoin. He argues that this alignment with the original and most decentralized blockchain gives DOG a strategic edge over other meme coins, especially Ethereum-based competitors like Shiba Inu.
The analyst, who is typically skeptical about meme coins, first backed DOG publicly in May 2024. Since then, he has continuously promoted the idea that DOG could become the top meme coin in the crypto space.
Meme Coin ETFs and Institutional Interest
Adding fuel to Gambardello’s thesis is the recent progress toward meme coin ETFs. With Bitwise advancing its Dogecoin ETF proposal with the U.S. Securities and Exchange Commission, Gambardello believes it’s only a matter of time before institutional products tied to meme coins become tradable.
He contends that DOG, as the top meme coin on Bitcoin, stands to benefit disproportionately once such ETFs launch. Institutional players may favor DOG’s strong Bitcoin association over other meme tokens seen as more speculative or inflationary.
DOG Listed on Kraken, Outperforming in Engagement
Another bullish milestone came with Kraken’s announcement that it would list DOG for trading starting June 27. As the first major U.S. exchange to list the token, this move provides a critical on-ramp for retail investors and validates DOG’s growing legitimacy.
Social metrics further support DOG’s momentum. According to Gambardello, DOG recently surpassed Dogecoin and Cardano in social engagement, ranking 14th on LunarCrush—higher than DOGE (#15) and ADA (#16). This signals a surge in online conversation and interest that could precede stronger price action.
Also Read: Dogecoin Volatility Spikes After False Ceasefire and $24M Whale Transfer
$0.24 to $1? DOG’s Flippening Path
DOG is currently priced at $0.004546 with a market cap of $454 million. To match Dogecoin’s $24 billion valuation, DOG would require a 5,186% surge, pushing its price to approximately $0.2403.
However, Gambardello envisions an even more explosive scenario: a $100 billion market cap. With DOG’s 100 billion token supply, this would imply a $1 token price—positioning DOG as a dominant force in the meme coin landscape.
DOGE Rally: FAQs & Bullish Outlook
A significant DOGE rally heavily depends on continued support at key trendline levels and increased buying momentum.
Continued support at key trendline levels is a crucial technical factor for a significant DOGE rally.
Increased buying momentum is necessary for a substantial DOGE price surge.
Speculative catalysts like potential X (formerly Twitter) integration or broader meme coin hype cycles can often fuel a DOGE rally.
Yes, broader meme coin hype cycles are often a significant factor in fueling increased buying momentum and a DOGE rally.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.