๐โ๐ฅ 8 Million Holders & Counting โ Dogecoin Gears Up for a New Supercycle
Dogecoin (DOGE) continues to stand out in the crypto space as both a meme coin and a wealth creator โ with several early investors becoming billionaires.
๐ Key Bullish Signals for DOGE in 2025:
๐ 8M Holders All-Time High: According to Santiment, DOGE holders surged by nearly 1M in 2025 alone, faster than the pace in 2024.
๐ Strong ETH Correlation: DOGE shows a 0.87 correlation with Ethereum, suggesting ETHโs strength could pull DOGE higher.
๐ MVRV Ratio Insights: Current levels point to attractive entry zones, with many holders near breakeven.
๐ฆ ETF Speculation: Despite SEC delays, Polymarket gives a 75% chance of a DOGE ETF approval in 2025.
Dogecoinโs rapid adoption, rising holder base, ETH-linked momentum, and ETF potential all paint a bullish picture heading into 2025.
โ ๏ธ Still, history reminds us: DOGE has seen 60โ90% drawdowns in past cycles. Risk management remains key.
