Dogecoin’s chart is serving up a serious case of déjà vu. Against Bitcoin, $DOGE
is showing the exact same technical formation that sparked its legendary 2021 rally — and one analyst is now boldly predicting that corporate treasuries could soon be scooping up billions in DOGE.
Currently trading at 0.00000202 BTC (+2.54% today), DOGE has broken free from a descending channel that’s been holding it down since mid-2021. For long-term watchers, this breakout feels eerily familiar.
📈 The 2021 Playbook Returns
Back in early 2021, DOGE spent months grinding sideways in a similar downtrend before blasting higher in a move that turned the meme coin into a cultural phenomenon — climbing from fractions of a cent to over $0.70.
A crypto analyst summed it up bluntly on X:
“$DOGE / $BTC looks ready to repeat the January 2021 move. Zero doubt in my mind it’s only a matter of time before corporate treasuries are buying billions of the king of memes. $6.9420 for one DOGE is a magnet.”
That $6.94 target may sound outrageous, but DOGE’s history proves that in crypto, “impossible” often just means “not yet.”
🏢 Corporate Adoption Rumors
The real wildcard here isn’t just the chart — it’s the idea of corporate DOGE adoption. If companies that already hold Bitcoin decide to diversify into Dogecoin, the resulting buying pressure could dwarf anything we’ve seen before.
Trading Volume: 11.84M — clear signs of renewed interest
Breakout Level: Long-term resistance now flipped into support
Market Sentiment: Bears losing grip as bullish momentum builds
⚠ What to Watch Next
While the setup looks explosive, crypto moves fast — and not always up. For confirmation, traders will be looking for:
Sustained trading volume
Successful retests of breakout levels
Overall market stability
If those boxes get ticked, history suggests DOGE could accelerate quickly. And if you were around in 2021, you know — when Dogecoin runs, it doesn’t tiptoe.
💬 Question: If corporate money starts flowing into DOGE, could we really see $6.94, or is this just meme-fuelled moon talk?
$$DOGE Dogecoin #MemeCoin #CryptoTrading #AltcoinSeason