- Dogecoin spikes 12% with its on-chain activity outpacing Bitcoin, signaling strong retail and whale interest.
- Bullish chart patterns and technicals hint at a potential breakout toward DOGE’s all-time highs.
As the altcoin revival gathers steam, one familiar memecoin is back in the spotlight. Dogecoin [DOGE] has surged over 12% in the past 24 hours — outpacing not just its peers, but even Bitcoin in key on-chain metrics.
Source: CoinMarketCap
With transaction volume and active addresses spiking to multi-month highs, DOGE’s resurgence is more than just a meme-fueled bounce.
DOGE fans are beginning to float the possibility of a new all-time high, as momentum and retail interest return to the broader crypto market.
DOGE leaves BTC in the dust!
Dogecoin has emerged as the surprise standout of this early altseason rally, notching a dramatic lead over Bitcoin in both transactional activity and network engagement.
Source: Santiment
According to Santiment data, DOGE recorded a 41.12% spike in large transaction volume and a 34.91% jump in daily active addresses — far outpacing Bitcoin, which saw double-digit declines in both metrics.
With retail and whale wallets alike reawakening, the memecoin’s momentum is breaking away from the pack.
Dogecoin: A pattern worth barking about
The rounded bottom suggests a prolonged accumulation phase, with DOGE fans now floating the possibility of DOGE reclaiming — and even surpassing — its 2021 peak.
Source: X
The pattern implies a bullish continuation, especially if DOGE clears the $0.20-$0.25 resistance range.
If momentum holds and broader altseason tailwinds persist, the road to $0.74 — or even $1 — is no longer a meme-fueled fantasy, but a technically grounded forecast.
Short-term momentum flares up
Source: TradingView
The daily chart adds fuel to the rally narrative, flashing a bullish MACD crossover alongside a rising RSI now above 60. The sharp uptick in volume and strong green candle close at $0.181 suggest renewed buying pressure.
If DOGE breaks above the immediate resistance near $0.185, short-term traders may target the psychological $0.20 mark next.