Dogecoin Traders Predict a 180% Surge: Is Dogecoin the Next Big Thing?

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Key Takeaways:

  • Dogecoin‘s 38% surge shows that the market is loving the memecoin, with spot-buyer volumes leading the charge since March. Can you feel the excitement? 🐕💰

  • Traders are predicting a wild 180% rally, with targets at $0.65 and $1. We’re talking about the stuff of memecoin legends! 💸🚀

Well, well, well—look who’s making a comeback! Dogecoin (DOGE) is up and about, making Ethereum look like it’s just casually strolling along. Over the past week, it surged a whopping 38%, marking its strongest monthly performance of 2025. If you’re still not convinced, take a peek at CoinGecko, where DOGE’s trading volume hit $4.7 billion in just 24 hours. That’s some serious cash, my friend! 🐾💰

But wait—there’s more! The memecoin’s market strength isn’t just talk. According to CryptoQuant, Dogecoin’s spot taker 90-day cumulative volume (say that five times fast) is “taker buyer dominant.” What does that mean? It means buyers are pushing sellers out of the way like it’s a Black Friday sale. This pattern, last seen back in November 2024, led to DOGE’s impressive 385% rally to $0.48 in Q4. 🤯🎉

And it doesn’t stop there! The long-term holder net unrealized profit/loss (NUPL)—a fancy term for “how many people are sitting pretty with profits”—has crossed 0.5 for the first time since March 2025. In layman’s terms, people are feeling good about their Dogecoin stash, and they’re not likely to sell anytime soon. Nothing says “I believe in you” more than holding on to your memecoins like they’re your firstborn child. 🙏💎

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Is DOGE Set for Another Parabolic Rally? Let’s Find Out!

Now, let’s talk technicals. Anonymous trader extraordinaire, Trader Tardigrade, has a bullish outlook for DOGE, especially when paired with Bitcoin. Looking at the charts, this is not just a simple uptick. No, no, no—this is a potential repeat of that glorious rally where DOGE soared 30,000% from $0.0024 to $0.739. Yes, you read that correctly: thirty thousand percent. If you missed that one, maybe it’s time to buy a ticket to the next DOGE rollercoaster! 🎢🐕💥

Bitcoin and Dogecoin have been quite the pair lately. The two have shown a strong correlation of around 0.67 over the past three months, meaning when Bitcoin moves, Dogecoin often follows along for the ride. If Bitcoin keeps on surging, we could be looking at another DOGE rally that stretches out for weeks. Get your popcorn ready. 🍿💰

And if you’re wondering where Dogecoin is headed next, the answer is simple: straight for $1. According to Tardigrade’s chart, DOGE is showing another MACD bullish crossover (don’t worry, it’s not as scary as it sounds). The last few crossovers have resulted in some pretty juicy breakouts, like the 180% surge between January and March 2024, and the 385% jump from September to December 2024. Can you say “parabolic”? 📈🚀

Crypto trader Javon Marks is also jumping on the Dogecoin bandwagon, forecasting a price target of $0.65—Dogecoin’s highest price since May 2021. With higher lows and major strength, it seems that DOGE is ready to run up like it’s had too much coffee. Here’s what Marks had to say:

“$DOGE (Dogecoin) now showing MAJOR STRENGTH after setting Higher Lows! $0.6533 can be coming in another nearly +180% upside and prices could even break above, bringing $1+ into play.”

So, folks, do you believe in Dogecoin magic? The memecoin that just won’t quit. 🐕💥

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2025-05-13 04:33