Dogecoin may be on the verge of an explosive rally. Analysts point to strong on-chain metrics and striking similarities with past market cycles. Could this be the beginning of Dogecoin’s next major bull run?
Dogecoin prediction boosted by strong on-chain metrics
Dogecoin (DOGE), which started as a meme, is increasingly being taken seriously by major market participants. In recent weeks, network activity has surged. Blockchain analysts report a significant rise in active DOGE addresses and transaction volume.
Whale behavior is also reinforcing bullish sentiment. Over the past month, whales have accumulated more than 1 billion DOGE tokens. This signals growing confidence from large investors and potentially a major move in the making.
Popular crypto analyst Ali Martínez described the accumulation as “a classic precursor to a price breakout.” Historically, such behavior often comes before a strong upward move. As a result, the Dogecoin prediction for the coming months has turned notably more optimistic.
Analysis: Is Dogecoin preparing for “Super Cycle 2”?
Renowned analyst Trader Tardigrade has drawn comparisons between Dogecoin’s current chart and the 2014–2018 cycle. Back then, a prolonged accumulation phase was followed by a parabolic rally. If history repeats itself, DOGE could be poised to surge toward the $1 mark within months.
DOGE seems to be forming a solid base around $0.22, with immediate resistance at $0.27. Breaking above this level could open the door to a full-fledged bull run.
Repeating historical price patterns?
There are clear similarities between DOGE’s movement in 2016–2017 and today. Both cycles featured long periods of sideways movement, followed by massive breakouts. If the current cycle mirrors the last, some optimistic forecasts suggest DOGE could reach $5 to $10 by late 2025.
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A logarithmic price chart shared by Trader Tardigrade even projects targets as high as $17. While that may sound far-fetched to some, Dogecoin has defied expectations before.
Realistic Dogecoin prediction for 2025
Despite the bullish indicators, caution is still warranted. Dogecoin remains a memecoin, heavily influenced by sentiment and social media hype. Steep price gains can be followed by equally sharp corrections.
However, there are signs of stronger fundamentals this time around. DOGE adoption as a payment method is growing, supported by companies like Tesla and various online retailers. Meanwhile, technical improvements are being developed to strengthen the network.
Conservative predictions place DOGE between $1 and $3 by the end of 2025. This estimate is based on growing adoption, increased whale accumulation, and a positive outlook for the broader crypto market.
Investors are advised not to focus solely on extreme price targets. Following the data, trends, and broader sentiment remains key. As always in crypto, patience and diversification offer the best chances for success.
