Recently, the cryptocurrency market has welcomed a wave of unlocking, with DOGE becoming the focus of investors' attention. According to the latest reports, approximately 96.54 million DOGE will be unlocked linearly this week, with a total value of 26.68 million USD, accounting for 0.06% of its circulating supply. This means that an average of 1 million USD worth of DOGE will be gradually injected into its circulating market of 150.97 billion.

This unlocking coincides with a critical period in the cryptocurrency market. This week, over $790 million worth of tokens will be unlocked across the entire crypto market, including DOGE, as well as projects like Worldcoin, Celestia, and Solana that utilize a linear unlocking method, alongside SEI and Arbitrum which plan a one-time unlock. Meanwhile, the Federal Reserve will announce its latest monetary policy on September 17, with the market generally expecting potential interest rate cuts, which could stimulate capital inflow into the crypto market. Additionally, discussions regarding the DOGE ETF are expected to intensify on September 18, and coupled with the sustained demand from active traders, short-term positive factors seem to be emerging.

However, the increase in supply has also brought uncertainty to market trends. Analysts point out that while favorable news such as interest rate cuts may drive prices up, the inflow of DOGE into the market, reaching up to a million dollars daily, may offset some of the bullish momentum. Historical data shows that the large supply of DOGE, while ensuring liquidity, has always been one of the factors hindering its long-term price breakthrough, and continuous unlocking may exacerbate market volatility.

Nevertheless, some analysts remain optimistic about the long-term prospects of DOGE. Cryptocurrency analyst Trader Tardigrade found through analysis of the 3-day chart that DOGE has experienced explosive growth multiple times during past market cycles, achieving an astonishing performance of over 1500% increase in more than 100 days during market expansion periods and nearly 2500% increase in less than 99 days. The analyst believes that if history repeats itself, DOGE could reach a price range of $3.2 to $5.3 by December 2025, representing significant growth potential compared to the current level of about $0.2.

Currently, the game between the supply pressure brought by unlocking and the potential positive factors is becoming the key influence on the future trend of DOGE. Investors need to closely monitor market dynamics and weigh the potential impacts of various factors on the price of DOGE.