Dogecoin Weekly Gains Reach 32% Amid Bullish Market Predictions
Dogecoin (DOGE) has gained 32% over the past week, becoming a top-performing cryptocurrency. Despite a recent 9.2% pullback, analysts predict potential further gains of up to 180%. Daily trading volumes have surged by 31%, exceeding $4.1 billion.
Price Action and Predictions
- Trader Tardigrade expects a bullish trend for DOGE/BTC, referencing a previous rally that increased DOGE's price by 30,000%.
- Recent MACD bullish crossover indicates strong upward momentum, with a price target of $1.
- Crypto trader Javon Marks estimates an immediate target of $0.65, the highest since May 2021.
On-Chain Metrics
- 90-day cumulative volume delta shows aggressive buying activity, indicating potential for a breakout similar to the November 2024 rally.
- Long-term holder net unrealized profit/loss (NUPL) surpassing 0.5 suggests increased investor confidence and reduced likelihood of selling.
90-day DOGE Spot Taker CVD | Source: CryptoQuant
DOGE Long Term Holder NUPL | Source: GlassNode
Meme Coin Trends
The Mind of Pepe (MIND) presale has raised nearly $9 million, integrating meme culture with AI-driven utility. The $MIND token promises access to trading signals generated by an AI agent.
Current Presale Stats:
- Current Price: $0.0037515
- USDT Raised: $9,130,282.18
- Ticker: MIND
- Project Time: AI Agent
- Current Rewards: 248% Staking Rewards