Coinpaper 2026-02-17 15:51:06

Dogecoin Price Prediction: Polymarket Odds Point to $0.16 Peak as X Money Hype Builds

Dogecoin (DOGE) is trading at $0.09985 at the time of writing, up 0.02% over the past 24 hours. Despite short-term weakness, prediction market data and rising social interest are shaping a cautiously optimistic outlook for the year ahead. Polymarket traders have assigned probabilities to various DOGE price targets for 2026. The data points to a likely annual peak near $0.16, just above the 50% probability threshold, with higher targets carrying notably lower odds. Polymarket Odds Reflect Measured Expectations The prediction market data paints a clear picture. Traders gave a 78% chance that DOGE will hit at least $0.06 before January 1, 2027. The probability dropped to 55% at $0.16 and further to 33% at $0.20. Odds for $0.24 stood at 26%, while $0.28 carried an 18% probability. Targets above $0.40 attracted only single-digit to mid-teen percentages. The $0.52 level, for instance, received a 17% probability. On the downside, traders placed a 10% chance on DOGE falling to $0.02 or below. The aggregated data suggests traders are not pricing in an explosive rally. Instead, moderate gains dominate the consensus view, with $0.16 emerging as the most probable ceiling for 2026. DOGE posted a brief rally earlier in February, surging roughly 47% and touching $0.117. A subsequent correction reversed most of those gains. The token has since stabilized, posting a 6% gain on the weekly chart even as it trades below key moving averages. X Money Integration Fuels Social Interest Elon Musk confirmed that X Money remains in internal testing, with an external beta expected soon. The announcement renewed speculation about DOGE's potential role in the payment platform. Musk has historically been one of the token's most visible supporters, and his comments often drive price movements. Social mentions of Dogecoin jumped 33% in recent days, coinciding with the X Money discussion. Investors widely expect DOGE to serve a functional role within X's payment ecosystem. If that integration materializes, it could act as a significant demand catalyst.

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