DOGE Eyes $0.20 as Meme Coin Rally Gains Momentum

Dogecoin (DOGE) has surged 12%, breaking past the $0.18 mark and setting its sights on the next psychological barrier at $0.20. With derivatives data indicating growing investor interest and a 41% spike in transaction volume, DOGE is leading the meme coin resurgence. Analysts are optimistic as its market cap reaches $27.27 billion, fueling speculation about further gains.

Dogecoin Surges 12%, Eyes $0.20 Next

Dogecoin has crossed the $0.18 mark with a 12% surge. Analysts are targeting $0.20, and derivatives data shows growing interest. Meme coins are leading the recovery rally, with Dogecoin’s market capitalization now at $27.27 billion. Currently trading at $0.1830, will Dogecoin push beyond the $0.20 level?

Dogecoin Stages Comeback with 41% Surge in Transaction Volume

Dogecoin, the original memecoin, has reasserted itself with a price surge breaching key technical levels. The asset now trades above both the 50-day ($0.16520) and 200-day EMA ($0.16858) on 4-hour charts, signaling renewed bullish momentum as altcoin season approaches.

Network activity tells a compelling story. Santiment data reveals a 41% spike in large transactions and 34% growth in daily active addresses—clear indicators of accumulating interest. Despite a modest 2.83% intraday pullback to $0.17377, Doge maintains a $25.88 billion market cap with $1.68 billion in daily volume.

The question now isn’t whether Dogecoin can recapture its viral appeal, but how high this liquidity wave might carry it. With transactional velocity accelerating, the $0.200 psychological barrier appears increasingly within reach.

Dogecoin Price Analysis: Momentum Favors Further Gains

Dogecoin’s price is poised for a 33% surge to 23 cents, according to technical analysis. Institutional investors are driving the rally, with Futures Open Interest doubling to $2 billion in two weeks.

The memecoin traded at $0.1814, up 2% in 24 hours, ranking among top performers. Its $26.9 billion valuation and $1.5 billion daily volume signal growing mainstream adoption.