😱🔥Dogecoin (DOGE) Monthly Record High: Analysts Set Target for 2025!🚀🚀

Dogecoin #DOGE) has renewed its monthly rally and given the green light for a new rally.

Crypto analyst Alan said that Dogecoin ($DOGE ) has maintained its record price. The popular memecoin, which exploded with Donald Trump’s gains in the US presidential election, has increased by 300% over the past month. Trump supporter Elon Musk played a key role in the rally by sharing social media posts about DOGE.

Dogecoin (DOGE) Could Hit New Rally Level

Dogecoin’s previous high has been rising rapidly, surpassing its monthly average price. In the first major surge, Dogecoin increased by 1,000% from 0.0172 $ to 0.1892 $ in eight months. DOGE, which shook the market in this process, has earned itself an excellent reputation.

It is expected that this past trend can generate similar growth again. Experienced traders believe that there may be a similar rise in the price of DOGE in the next 4-8 months. It is estimated that Dogecoin could reach 24-30 by mid-2025. This price target seems quite high at the moment. Some DOGE investors believe that this target can be achieved by 2025.

According to IntoTheBlock systems, Dogecoin has recorded highs and lows in large time intervals. Over the last 24 hours, 6.13 thousand large transactions were made. Although the data in question is at the same level as a week ago, there is a significant increase in the volume of transactions. This increase shows that the large market players (institutions or whales) are more active.