Dogecoin (DOGE) Aims for $0.25 Milestone: Unveiling the Key Factors Driving its Surge
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- Despite a recent dip in value, Dogecoin (DOGE) may be poised for a significant price increase, with indicators suggesting a potential run toward $0.25.
- Currently, 81% of DOGE holders are in profit, suggesting that the coin has not yet reached its peak in this cycle.
- Traders are betting on an increase, with the Funding Rate turning positive, indicating a premium on DOGE’s trading price compared to its spot value.
As Dogecoin’s value dips, on-chain analysis suggests a potential price surge, with indicators pointing to a run toward $0.25. This article delves into the factors that could drive this increase.
DOGE’s Potential for a 40% Hike
Despite Dogecoin reaching $0.20 about a month ago, it is currently trading at $0.15. However, historical performance indicates that for the coin to hit its peak, at ... Read the full article for FREE at COINOTAG!
