📊 The latest Bitcoin surge past $103K has reignited memecoin FOMO, with Dogecoin ( $DOGE ) leading the charge. The total crypto market cap jumped 24% in 24 hours, fueling speculative trading across DeFi and CeFi sectors.
💼 DOGE remains a PoW-based veteran, drawing interest from institutions looking to diversify. Backed by Elon Musk and gaining ETF approval momentum, the network continues to strengthen.
🐋 On-chain data confirms rising whale accumulation, signaling growing confidence in DOGE’s bullish setup.
📈 Technically, Dogecoin has bounced off the 200-week SMA and now trades above the 50-week SMA after a 12% weekly rally. With a $30.5B FDV and a successful retest of the breakout zone, upside potential is building.
🎯 Key targets: If DOGE holds above $0.21, expect a push toward $0.26—then possibly $0.45 if momentum continues.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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