Feb 24, 2026
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BULLISH 📈 : Dogecoin hits record in key cycle indicator, indicating potential uptrend
Dogecoin has reached an unprecedented level in its "Number of Days Spent at a Profit" metric, surpassing 1,100 days. This indicator, developed by Alphractal CEO Joao Wedson, measures the number of historical days when Dogecoin's price was above the current level.
- The metric reflects market memory and long-term holder positioning.
- Previously, Dogecoin surpassed the 800-day mark twice: around March 2020 and October 2023.
- Both instances coincided with major cycle lows followed by significant price increases.
From March 2020 to November 2021, DOGE rose over 65,000%, and from October 2023 to December 2024, it increased approximately 750%.
Wedson notes that this metric is not for short-term trading but indicates a structural cycle. The current question is whether this pattern will continue to indicate cycle lows or if the market structure will change.
Currently, DOGE is trading at $0.09705.
