š Dogecoin Surges! Why Itās Buzzing Again
Exciting news from the crypto world: Dogecoin (DOGE$) has shot up nearly 10% this past week, currently trading around $0.23ā$0.25 . Analysts are pointing to a bullish ādoubleābottomā chart patternāoften a strong reversal signalāwhich could propel DOGE toward $0.42 by September .
Hereās whatās fueling the momentum:
A broader crypto rally, anchored by Bitcoin setting new highs near $120Kā$123K, is boosting memeācoins across the board .
Institutional players like Bit Origin have jumped in, investing millions in DOGE as they build āmemeācoin treasuriesā .
Technical indicatorsāincluding rising open interest and strong volumeāsignal bullish momentum toward $0.30+ .