The "Bull Flag" pattern has formed on the 4-hour K-line chart. After the price breaks through the key neckline resistance level of 0.23, the bullish target from a technical perspective looks towards around 0.35!
After Musk announced his resignation as a government advisor, the market is highly focused on his social platform X possibly integrating Dogecoin (DOGE) as a payment method. The low transfer fees and fast speeds of DOGE align perfectly with the needs for daily small payments.
Currently, over 10,000 merchants worldwide support DOGE payments (a 50% increase compared to 2024), especially widely used in cross-border transfers and small consumption scenarios. The developer community continues to optimize scaling solutions to enhance transaction efficiency and security, and Dogecoin is gradually shedding its "pure speculation" label to move towards practical applications.