$#BTC ##DOGE Memes coin Prediction

Dogecoin (DOGE) is currently trading at $0.24466 USD, with a 1.78% increase since yesterday. Its market cap stands at $36.77 billion USD, making it the 8th largest cryptocurrency by market cap. The 24-hour trading volume is $2.33 billion USD ¹.

*Recent Price Updates:*

- Today's price: ₹20.72 (Indian Rupees), with a 0.44% increase in the last 24 hours

- 7-day return: -10.36%

- 1-month return: 50.26%

- 1-year return: 88.60%

*Market Analysis:*

- Dogecoin has broken above a descending trendline, signaling a bullish shift

- On-chain volume is up 15%, indicating renewed trader interest

- Prices are aiming for $0.29 while navigating short-term resistance

² ³

- NASDAQ-listed company Bit Origin has purchased approximately 40.54 million DOGE at an average price of $0.2466, marking the first operation of its digital asset treasury strategy

- A whale investor has taken a large 10x leveraged long position in DOGE on Hyperliquid, indicating potential bullish sentiment

³ ⁴

*Price *

- Potential upside to $0.50-$1 if bullishness continues and support levels are maintained

- Predictions indicate further rises by mid-August, with potential growth driven by increased whale activity and significant trading volume

⁴