Dogecoin $0.00000012311399 (DOGE) has drawn significant attention. This trend, along with the observed increase in DOGE’s price, may herald a potential rise in the meme coin’s value in the upcoming period.

Martinez highlighted the breakout from a multi-year descending triangle, followed by a 200% increase and a subsequent 60% pullback. Historically, Dogecoin (DOGE) has followed this model to rally. After another 65% pullback, Martinez believes the meme coin may be poised for the next significant rise.

Currently, DOGE is trading at 0.112 dollars, reflecting a 1.69% increase, with a daily trading volume surge of 103.1%, reaching 700.54 million dollars. Over the last 24 hours, DOGE has seen a high of 0.1152 dollars and a low of 0.1095 dollars. Furthermore, the open interest for DOGE futures has increased by approximately 5%, rising to 554.1 million dollars.