Would Dogecoin Surge?

in FreeCompliments4 months ago

Interesting, isn't it? Dogecoin still has this energy going for it.

I mean, it's not exactly disruptive tech, and yet here we are again, staring at predictions of an upside to $0.30 and beyond. I have been watching it bounce for years, and through everything, it didn't fold like so many people thought it would.

That does say something.

Source

It's a meme coin, and yet it's managed to build up a community that's so loyal and just refuses to go away.

That's the interesting part, this stability, the "sticking" power.

Dogecoin has just been stuck at $0.011 for a very long period, just really consolidating, like it's just waiting for that spark. And when people like Dogegod start proclaiming it's a breakout in the making, you must think, perhaps there is something to it.

dogegod/status/1846497612360474867?t=UCmNoLt3HqP5AEzSAvnXhQ&s=19https://x.com/

Maybe it's more than just a joke. Or maybe it's just that collective belief keeping it afloat. Either way, the consolidation suggests something big could be in store, and with how incredibly active the network's been lately, it could shoot through that $0.30 mark as it has in the past.

Notice the uptick in active addresses more recently: 133,880

More are trading, and more are holding. Something's stirring.

And, yeah, experts compare it to previous cycles and say that we're just 20 days ahead of another bull run. It's hard not to get swept into the optimism of that, but the skeptic in me remembers that crypto is anything but predictable.