DOGE’s Meteoric Rise: Can Whales Propel It to $10?
Dogecoin (DOGE) has once again captured the spotlight with a dramatic surge in trading volume and price, reigniting discussions about its potential as a top altcoin. Over the past 48 hours, DOGE’s trading volume skyrocketed to $2 billion, marking a 100% increase, while its price rallied by 20% to $0.185. This resurgence has led to speculation about whether the meme coin could reach the $10 milestone if whale activity continues. The renewed interest in DOGE comes amid a broader return of risk-on sentiment in the crypto market, fueled by de-escalations in the China-US trade war and political developments involving former President Trump. As Dogecoin reasserts itself as a contender among the best cryptos to buy, investors are closely watching whale movements and market trends to gauge its next price target.
Dogecoin Volume Erupts to $2 Billion – $10 Next If Whales Keep Buying?
Dogecoin surged dramatically over the past 48 hours, with trading volume hitting $2 billion—a 100% increase—fueling speculation about its next price milestone. The meme coin has re-entered the conversation as one of the best cryptos to buy, rallying 20% to $0.185 and reasserting itself as a top altcoin contender.
Risk-on sentiment has returned amid de-escalations in the China-US trade war and former President Trump’s concessions to the Federal Reserve. This shift has injected fresh retail liquidity into Dogecoin, further driving its momentum.
Whales appear to be favoring Dogecoin over Bitcoin, raising questions about its potential to reach $10. While such a move would require a 58x increase, long-term prospects—including potential Dogecoin ETF approvals by the SEC—could provide the necessary tailwinds.
Dogecoin’s Long-Term Potential Amid Current Market Slump
Dogecoin (DOGE), the original meme cryptocurrency, continues to captivate investors despite its current market downturn. Trading 76% below its 2021 all-time high of $0.7376, the asset faces skepticism yet retains a loyal following. Celebrity endorsements and a decade of improbable growth fuel debates about its 2035 trajectory—particularly whether a $100 investment today could yield substantial returns.
The broader crypto market’s decline has dragged Doge lower, but its historical resilience keeps the bull case alive. Unlike newer meme coins, Dogecoin benefits from first-mover advantage and Elon Musk’s persistent advocacy. Market watchers note its price action remains tied to Bitcoin’s cycles, with speculative rallies often following BTC breakouts.
Dogecoin At A Crossroads: Bullish Breakout Hints At Major Upside Ahead
Dogecoin has broken out from a bullish formation, pushing past a key resistance zone after weeks of consolidation. Analysts are eyeing further upside potential if buying pressure sustains, with the next critical test being whether bulls can defend the breakout level.
The move follows a classic cup-and-handle pattern identified by trader Whales_Crypto_Trading, a technical setup often preceding significant rallies. Market sentiment appears to be shifting as DOGE shows renewed strength amid broader crypto market recovery.
