Dogecoin Eyes $1 as DOGE Wallets Surge Past One Million!

Dogecoin Holds Key Support and Prepares for a Major Breakout Dogecoin (DOGE) continues to show strength, holding above $0.16 amid increasing activity from large investors. With rising whale accumulation, surging active addresses, and speculation around a DOGE ETF, the memecoin could be on the verge of a major rally. 👉 Can Dogecoin break the psychological $1 barrier?

Is a Dogecoin Rally to $1 Starting? 🔹 Crypto analyst Trader Tardigrade has highlighted a key development in Dogecoin’s weekly chart. The latest candle closed as a doji, a pattern often linked to potential trend reversals. 📊 Historical data suggests that a similar doji formation preceded DOGE’s last major price surge.

📌 If this pattern repeats, Dogecoin could skyrocket beyond $1 and even higher. 👉 The key to further gains is maintaining support at $0.16.

Dogecoin Rises Amid Increased Address Activity 📈 Dogecoin is up 3.05% in the past 24 hours, currently trading at $0.1675.

📊 Daily trading volume has surged by 13% to over $1.06 billion.

📌 Options trading volume increased by 31% to over $96 billion, reflecting growing investor interest. 🔹 Some analysts are even predicting DOGE could rally to over $20 if bullish momentum continues.

DOGE Holders Are Rapidly Increasing – A Strong Signal for Future Growth? 📌 Despite a 37% price decline over the last two months, the number of active addresses has surged significantly. 🔹 According to on-chain analytics platform Santiment, the number of wallets holding at least 1 million DOGE has increased, signaling strong accumulation from large investors.

📈 Active DOGE addresses have reached a four-month high, indicating renewed interest in the cryptocurrency. 👉 This trend could signal that Dogecoin is gearing up for another major price move.

Will DOGE Need ETF Support to Reach New Highs? 📊 A positive shift in the overall crypto market could provide Dogecoin the momentum needed for further gains. 🔹 A major catalyst could be the approval of a Dogecoin ETF, which could attract institutional investors.

📌 BlackRock is reportedly considering filing for a Dogecoin ETF, which some analysts believe could push the price to $50. 👉 Will Dogecoin break past $1 in the coming months—or even surge toward $20? 🚀

#DOGE , #CryptoMarket , #CryptoPredictions , #Dogecoin‬⁩ , #CryptoAnalysis

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“