Dogecoin is once again capturing the attention of the crypto world – not just for its vibrant community but for the strong signals emerging on-chain. Current metrics suggest the popular memecoin is preparing for a major price movement that could lead to a mega rally.
Rising Activity and Whale Interest
According to analyst Ali Martinez, Dogecoin is seeing a sharp rise in key blockchain metrics:
🔹 Active addresses are increasing
🔹 Transaction volume is growing significantly
🔹 Most importantly, whales are buying up DOGE in large quantities
In just the past 30 days, large investors have accumulated over 1 billion DOGE tokens. This kind of activity typically indicates high confidence among institutional players and could be a precursor to a significant price surge.
Technical Outlook: Is a Supercycle Coming?
DOGE is currently building strong support around $0.22, and the next resistance is at $0.27. If Dogecoin breaks through this level, it could ignite a fresh bullish trend.
Renowned crypto analyst Trader Tardigrade highlights striking similarities between Dogecoin's current price chart and its historical pattern from 2014–2018. He believes DOGE may be entering a phase he calls “Supercycle 2.”
Using a logarithmic chart analysis, he suggests that DOGE could see a parabolic breakout in the coming months. If history repeats itself, the price could skyrocket to as high as $18, potentially delivering exponential returns to investors.
Patience Will Pay Off
Experts agree that now may be one of the last chances to buy DOGE below $0.30. While the price remains relatively steady for now, all indicators point to a potential breakout in the second half of 2025.
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