Dogecoin has surged 5.30% in the past 24 hours, outpacing other assets in the market.The surge coincided with the announcement of an official DOGE reserve by the House of Doge.A prominent analyst identified a bullish price development on Dogecoin, predicting further upside potential.Another market watcher also asserted a break from a descending triangle and predicted a 16% surge for Dogecoin.