Dogecoin Gears Up for a Major Rally: Billion-Dollar Whale Accumulation Signals Explosive Growth

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Dogecoin is once again capturing the attention of the crypto world โ€“ not just for its vibrant community but for the strong signals emerging on-chain. Current metrics suggest the popular memecoin is preparing for a major price movement that could lead to a mega rally.

Rising Activity and Whale Interest

According to analyst Ali Martinez, Dogecoin is seeing a sharp rise in key blockchain metrics:

๐Ÿ”น Active addresses are increasing

๐Ÿ”น Transaction volume is growing significantly

๐Ÿ”น Most importantly, whales are buying up DOGE in large quantities In just the past 30 days, large investors have accumulated over 1 billion DOGE tokens. This kind of activity typically indicates high confidence among institutional players and could be a precursor to a significant price surge.

Technical Outlook: Is a Supercycle Coming?

DOGE is currently building strong support around $0.22, and the next resistance is at $0.27. If Dogecoin breaks through this level, it could ignite a fresh bullish trend.

Renowned crypto analyst Trader Tardigrade highlights striking similarities between Dogecoin's current price chart and its historical pattern from 2014โ€“2018. He believes DOGE may be entering a phase he calls โ€œSupercycle 2.โ€

Using a logarithmic chart analysis, he suggests that DOGE could see a parabolic breakout in the coming months. If history repeats itself, the price could skyrocket to as high as $18, potentially delivering exponential returns to investors.

Patience Will Pay Off

Experts agree that now may be one of the last chances to buy DOGE below $0.30. While the price remains relatively steady for now, all indicators point to a potential breakout in the second half of 2025.

#Dogecoin , #CryptoNewss , #CryptoAnalysis , #priceprediction ,#DOGE

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