Dogecoin (DOGE) shows an increase in the activity of large investors, and the AI forecast indicates a potential jump of nearly 200% by the end of the year.
According to Glassnode data, on April 11, so-called crypto whales acquired 80 million DOGE in just one day—a figure that indicates confident accumulation of the asset.
As of the evening of April 12, Dogecoin was trading at $0.17, gaining 4.1% over the last 24 hours. However, over the week, the token's price has slightly decreased—by about 0.8%.
Despite the short-term growth, DOGE still remains below its 50-day and 200-day moving averages, indicating the dominance of a bearish trend in both the short and long term.
The 14-day Relative Strength Index (RSI) is 45.53—this value indicates a neutral position of the asset, with no signs of overbought or oversold.
Nevertheless, the artificial intelligence tool ChatGPT from OpenAI predicts that Dogecoin could increase by nearly 195% and reach $0.50 by the end of 2025.
AI highlights three potential scenarios for the situation:
Bullish scenario: if Bitcoin rises and accumulation continues from whales, the price of DOGE could rise to $0.35–$0.50.
Neutral scenario: in a stable market situation, Dogecoin may follow the overall trend and reach the range of $0.22–$0.28.
Bearish scenario: if market conditions worsen or investor interest decreases, the price could drop to $0.10–$0.14.
Considering the current dynamics, the activity of large holders, and previous market cycles, it is predicted that Dogecoin could reach around $0.30 by the end of 2025.
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