Analysts predict a possible Dogecoin breakout, with one estimating $0.30 and another expecting a surge to $1.
Whales have acquired over one billion DOGE in 30 days, indicating growing confidence among investors and reduced selling pressure.
DOGE has seen significant price growth, currently trading at around $0.22, with predictions of a potential uptrend towards $1.
Recent data shows increasing activity by large investors, as well as a trend of DOGE being withdrawn from exchanges, potentially leading to a price rally.