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Dogecoin is showing renewed strength in the crypto market with a massive increase in profits and trading activity. According to data from Whale.io, DOGE’s realized profits surged by 225.58% in the past 24 hours, reaching $36.1 million. This sharp increase points to traders making substantial gains from recent price movements. The meme-inspired cryptocurrency is currently trading at $0.2296, representing a 2.47% gain over the last day. More telling is the trading volume, which jumped 63.39% to reach $2.71 billion over the same period. Daily transactions also saw growth, rising 7.93% to $595.9 million. This uptick in activity suggests growing interest from both retail and institutional investors. Despite being considered a joke asset by many in the crypto world, Dogecoin continues to demonstrate profit potential. The average buy price for DOGE dropped slightly by 1.02% over the last 30 days, settling at $0.159. This minor decrease indicates new buyers are purchasing at prices slightly below previous entry points. The high realized profits suggest many DOGE holders are in profitable positions at current price levels. Technical Patterns Emerge Technical analysts are taking note of DOGE’s price action. Trader Tardigrade, a crypto analyst, has identified a “Channel Pullback” pattern on Dogecoin’s daily chart. This pattern typically signals trend continuation after cooling off from recent highs. The same pattern appeared between late April and early May this year. Following that breakout, Dogecoin rose from $0.17 to $0.25 in less than a week. With this pattern reappearing, the analyst predicts a potential surge to $0.265 if a similar breakout occurs. On a longer timeframe, some experts see signs pointing to even higher targets. The 3-day chart shows an Expanding Triangle formation, which is considered a key reversal pattern after a widening consolidation phase. A breakout from this pattern could push prices toward $0.275 and beyond. Dogecoin’s Lasting Appeal The data shows that Dogecoin investors have held their coins for an average of 931 days, with this figure rising 1.73% in the last month. This stability in holding periods indicates strong confidence in the cryptocurrency’s future. DOGE has maintained its market relevance over the years partly due to endorsements from high-profile personalities like Elon Musk. Its use in small transactions, such as tipping, has also helped cement its utility beyond speculation. The 24-hour price chart reveals that Dogecoin reached a high of $0.237 before experiencing a slight correction. However, it has maintained most of its recent gains. Looking at longer timeframes, some analysts have drawn parallels to patterns seen in previous market cycles. During both the 2017 and 2021 cycles, certain macro patterns preceded major rallies for Dogecoin. With the price currently stabilizing above the $0.22 level, traders are watching closely for signs of the next significant move. The recent price correction is viewed by some analysts as a healthy pullback before a potential continued uptrend. As of today, Dogecoin trades at $0.2296 with increased volume and realized profits, pointing to renewed market interest in this pioneering meme cryptocurrency. $DOGE

Dogecoin (DOGE), the original meme coin that started as a joke, is now the subject of serious speculation again. A top analyst believes that DOGE could be gearing up for a massive rally, potentially rising by 174% to hit the $0.65 mark. While the idea may seem wild, market patterns, investor sentiment, and historical rallies are painting a compelling picture. 📈 Technical Setup Points to a Breakout Popular crypto analyst Crypto Nagato posted a detailed chart outlining the bullish structure forming on DOGE’s daily chart. According to his analysis, DOGE is currently in a consolidation zone that mirrors the accumulation phases seen before its previous explosive rallies. He highlights that if DOGE breaks the $0.24–$0.28 resistance zone with convincing volume, it could ignite a parabolic run, leading to a target of $0.6533, the analyst’s “first major target” in the current cycle. That would represent a 174% surge from current price levels. 🐶 Sentiment Shift and Whale Accumulation Whale activity has also been ramping up. According to on-chain data from Santiment, DOGE wallets holding over 10 million tokens have been quietly accumulating. Historically, this kind of behavior often precedes major price movements, especially when followed by a social media sentiment spike. Dogecoin has seen an uptick in positive mentions on platforms like X (formerly Twitter), with renewed meme interest coinciding with Elon Musk’s ongoing AI and crypto integrations at X. As a known supporter of DOGE, Musk’s indirect influence can never be discounted. 🚀 History Repeats? DOGE has a well-documented history of defying odds. During the 2021 bull run, it surged from less than a penny to an all-time high of $0.7376, making headlines and creating millionaires. If DOGE repeats even a fraction of that rally, the predicted $0.65 target becomes entirely plausible. Analysts point out that while DOGE lacks the advanced utility of other tokens, its cultural capital and community-driven hype continue to drive value in ways traditional financial metrics can’t always measure. 🔑 Conclusion Dogecoin may have started as a meme, but its price trajectory in previous cycles shows that the coin can deliver serious gains. With bullish technical indicators, whale accumulation, and its historical pattern of explosive growth, DOGE's road to $0.65 may not be as far-fetched as it sounds. Still, traders should be cautious and remember that meme coin rallies can be as volatile as they are exciting. ⚠️ Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.

⭐️ Investors Bet Millions on Bitcoin Price Following Record High Prediction markets users are wagering millions of dollars on if and when Bitcoin will smash its latest price record, a few hours after the token crested $109,000 on Wednesday to reach an all-time high for the world's oldest cryptocurrency. According to a Polymarket contract with $19 million in trading volume, Bitcoin has a 93% chance of hitting $110,000 by the end of May, while the odds it climbs to $115,000 or even $125,000 sit at 49% and 8%, respectively. Bettors assessed the token’s likelihood of hitting $150,000 or $200,000 at roughly 1%, the same data shows.  US-based Kalshi users also gambled on Bitcoin’s future price action, pouring roughly $3.5 million into a contract on the token’s year-end price. That betting pool shows Bitcoin has a more than 70% chance of hitting $125,000 by the end of 2025. The cryptocurrency’s odds of rising above $150,000 or $160,000, however, were much slimmer, resting at 37% and 31%, respectively.  Meanwhile, crypto-native trading platform Myriad Markets shows there is a 21.4% chance that Bitcoin will rise above $115,000 by the end of May 25. The market went live on Wednesday, a few hours after Bitcoin reached its latest high. The rash of wagers on Bitcoin’s price action came as the asset smashed its previous price record ahead of U.S. President Donald Trump’s dinner for investors in his meme coin, Official Trump. The dinner, which is scheduled for Thursday, aims to bring out more than 200 $TRUMP holders, who spent between $53,400 and $16.4 million for their seats, CBS MoneyWatch reported. The attendees won their plates in a token HODL-ing contest hosted by the creators of the president’s meme coin. The attendees include Chinese billionaire Justin Sun, who bills himself as the token’s largest holder, as well as foreign investors from Australia and Singapore, among other countries. Other invitees’ identities remain a mystery to the public, but they are largely believed to be mostly foreign nationals—a sticking point for the dinner's detractors. #BTC #Bitcoin

$BOOE will attend the $ETH Prague event on May 28th, 2025. Do you know how big this is?.. A meme/cult coin featured at an event like this. @Bookof_Eth is primed for +1 Billion. 📖

Whales will deploy capital into meme coins now.