Dogecoin's price prediction has recently shown a significant bullish reversal, with a strong breakthrough pushing Dogecoin from below $0.17 to a peak just above $0.249. This surge achieved a 36% increase within a week, but according to network activity and on-chain indicators, analysts are now tracking signals that suggest an interesting turning point.
Experts believe that Dogecoin is expected to break the $1 mark before the end of this bull market, reaching $3. This bold Dogecoin price prediction is based on the footprints of smart money, the interest of institutional investors, and technical indicators. Let's dive deeper!
The strategic accumulation of Dogecoin by whales indicates a significant breakthrough.
In May of this year, renowned analyst Ali Martinez revealed that whales snapped up over 600 million Dogecoins in just 48 hours. Santiment's on-chain data recorded this accumulation, reflecting an increase in the activity of wallets holding between 100 million and 1 billion Dogecoins. $BTC $ETH $DOGE