Dogecoin's price prediction has recently seen a significant bullish turnaround,

previous strong breakouts pushed Dogecoin from below $0.17 to a peak slightly above $0.249. This surge achieved a 36% increase within a week, but based on network activity and on-chain metrics, the signals currently tracked indicate an interesting turning point.

I believe Dogecoin is likely to break the $1 barrier before the end of this bull run, reaching $3. This bold Dogecoin price prediction is based on the footprints of smart money, the interest of institutional investors, and technical indicators.

The strategic accumulation of Dogecoin by whales indicates a major breakout.

In May of this year, renowned analyst Ali Martinez revealed that whales purchased over 600 million Dogecoins within just 48 hours. Santiment's on-chain data recorded this accumulation, reflecting an increase in the activity of wallets holding between 100 million to 1 billion Dogecoins.

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