Dogecoin May Turn the Agenda Upside Down with a 6x Rally: Here is That Date!

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World’s largest meme coin dogecoin, remains on investors’ radar amid the huge price increase in recent weeks. Over the last 24 hours, the price has increased by another 10% to trade at $0.1669 with a market cap of $23.93 billion.

Dogecoin Price Could See $1 by Mid-April

DOGE, which gained 108% value last month, stands out with analysts commenting that there is still high potential in the upcoming rally. Ali Martinez made a bold prediction regarding the price of Dogecoin. Based on historical trends, the price has the potential to reach $1 by mid-April, Martinez said. stated.

This is the world’s largest meme coinIt means that within a month from now it will be worth $100 billion. Martinez’s prediction is based on the parabolic rally that the DOGE price experienced during and before the last bull run of 2021.

Altcoin Sherpa also shared a similar view with a $1 price target for Dogecoin. The trader is particularly closely watching two important resistance levels at $0.20 and $0.35. Trader: “The chart gives me hope. It moved upward after a 650-day period of volatility. “The upcoming interesting areas are at the $0.20 and $0.35 levels,” he commented.

DOGE Whale Transactions

According to the latest data analysis, IntoTheBlock reports that there has been a significant increase in the number of ‘DOGE millionaires’ who own at least $1 million worth of Dogecoin. This increase has been especially noticeable since late February, with a significant increase in investors in the $1 million to $10 million range, often classified as sharks or small whales in the crypto market.

As a result of this increase in DOGE value, the total number of these high-value holders has exceeded 800. This indicates a significant increase in high-level investment activity in the ecosystem.

A previously inactive Dogecoin wallet suddenly became active after a dormant period of 10.2 years. According to data from Blockchair.com, this wallet currently holds 747,645 DOGE, which equates to approximately $119,623 at current value.

On Thursday, the mysterious owner of this wallet initiated a transfer of 100 DOGE from his significant assets to another wallet.


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