Will $DOGE rise by 50%? Here are the key points you need to know!
Dogecoin has been incredibly popular lately! In the past 24 hours, the open contracts for Dogecoin skyrocketed by 19%, and traders are placing heavy bets on it!
It seems that Dogecoin fans are determined to let it shine. As the 'king of memes' in the cryptocurrency world, Dogecoin's performance is truly eye-catching, making waves throughout the crypto community.
In just a few days, Dogecoin has risen by over 45%, and now some are predicting it will rise another 50%, directly hitting $0.34! This is not just a joke; it's a substantial increase in real money!
Why is everyone so optimistic about Dogecoin? It's primarily due to its recent strong price performance, which has attracted significant interest from traders and investors, along with positive on-chain indicators.
From a technical analysis perspective, Dogecoin is currently standing at the crucial resistance level of $0.3, a height it hasn't reached in a long time. If Dogecoin can break through this resistance and close above $0.3, it will truly take off!
Moreover, the large transaction volume of Dogecoin has also increased by 5.5%, indicating that large institutions and whales are actively participating, which is a good sign!
Looking at the on-chain data, the open contracts for Dogecoin are also soaring, with everyone full of confidence and waiting for a rebound!
With this in mind, the bulls for Dogecoin seem to have the upper hand.
Altcoins are stirring, and I'm planning to position myself with a potential coin that is ready to explode; doubling is quite simple. I'm also preparing to find some potential coins to hold until the end of the year, with an expected growth of over 10 times being quite feasible. If you like spot trading or contracts, give a thumbs up + leave a message to follow my lead.
