Currptocrrency analyst Joao Wedson give a remarkable suggestion about $DOGE coin. He said Doge will undergo a big pump.
Looking at the overall health of the memecoin market, Wedson noted that the Memecoin Index, which consists of 16 major memecoins, is showing the first signs of recovery after a deep decline. This suggests that memecoins, including Dogecoin, may be starting to gain traction again.
While the memecoin market cap is much larger compared to 2021, Open Interest is still low (around $3.2 billion), according to Wedson, and daily trading volume is also well behind BTC or ETH at just $12 billion.
