Will Dogecoin Ever Reach 1 USD? The Analysis Company Responds Based on the Latest Data

The cryptocurrency analysis company Alphractal has emphasized the strong performance of the network and miners in its latest report on Dogecoin.

According to the company's analysis, the hash rate of Dogecoin miners is approaching record levels, while the metrics measuring the stability of the network are showing positive signals.

The Network Stress Index developed by Alphractal currently does not indicate any risk signals. This composite index includes the following three components:

▸Fee Stress (transaction fee ratio to market value – weight 40%),

▸Processing Power Stress (30-day hash rate volatility – weight 30%),

▸Supply Stress (active supply volatility over 7 days – weight 30%).

The index is moving at low levels, indicating a network that is balanced economically, securely, and operationally.

The analysis also highlights the Alpha Price Model and the company's CVDD adjustment. These tools are said to be quite effective in identifying peaks and troughs in UTXO-based blockchains like DOGE.

Currently, the CVDD peak is 0.54 USD, but the analysis suggests that this level could be surpassed by the volatility of inactive Dogecoins, potentially exceeding 1 USD.

However, the report also reminds that caution is needed in the face of sudden decline risks and mass liquidations in the cryptocurrency market, where leverage ratios are increasing.