Dogecoin will hit $0.4 in May!
First, the technical trend has broken through, consolidating and holding the line, stabilizing at $0.22. Second, the 365-day MVRV has dropped to -37%, with positions generally in loss, suggesting a bottoming out, similar to the parabolic rise in 2024. Additionally, ETF catalyst: Polymarket estimates the probability of DOGE ETF approval at 64%, Bloomberg reports 80%. If 30%-50% of Bitcoin ETF inflows are achieved, the price will skyrocket.