Is a $10 Breakout Coming?

Dogecoin is gaining attention as large holders, or “whales,” put an extra $149 million into the market. This sparked hopes of a major price rise. Analysts are now watching if DOGE can break through key levels and see a big jump.

Read on to discover the catalysts behind DOGE’s breakout and how to make the most out of the upcoming rally.

Whale Activity Gives Dogecoin a Bullish Boost

The Dogecoin price is showing strength as whales contribute fresh funds. Over the last 24 hours, big players have added $149 million to DOGE, showing their confidence in its recovery. Experts describe Dogecoin’s trend as “super bullish,” with targets of $9 to $10.

In just a day, DOGE jumped 6.9%, hitting $0.1764. Over the past week, it has jumped 27.8%, with a two-week increase of 50.9%. With the upcoming U.S. elections, expectations for Dogecoin are high.

Why Is Dogecoin’s Price Increasing?

Data shows DOGE and Bitcoin (BTC) have a close link, with a 94% correlation, according to IntoTheBlock. This means when BTC rises, DOGE often follows. Recently, as Bitcoin crossed $66,000, the Dogecoin price also went up, adding to its positive trend.

ITB data also highlights a sharp rise in whale activity, with large DOGE holders’ inflows growing from 3.08 million to 861 million DOGE. This shows a strong belief in Dogecoin’s future.

Technical Analysis: Can DOGE Reach $10?

The Dogecoin price broke through a key resistance level at $0.22. Experts think if DOGE stays above this level, it could rise another 29%. Analysts believe DOGE could reach $10 by the end of this bull run if the trend stays strong.

Santiment data shows all major on-chain metrics for Dogecoin hitting multi-month highs. These include social dominance, daily active addresses, and the network-to-volume transaction ratio, indicating growing interest in DOGE.

Catch the DOGE Wave—Score Big with Minotaurus (MTAUR)

As whale activity and bullish trends build excitement for a DOGE breakout, why not aim for even higher heights? By exploring promising additions like Minotaurus (MTAUR), DOGE holders can potentially elevate their portfolios and take full advantage of this rally. Currently priced at 0.00005974 USDT, the MTAUR presale offers a 70% cut off the planned listing price of 0.00020 USDT. That gives early buyers an entry point that could lead to over 230% growth post-listing.

Beyond the attractive entry price, Minotaurus incentivizes its holders with a referral program, a structured vesting plan, and a 100,000 USDT giveaway, where one lucky participant will win a grand prize of 50,000 USDT in MTAUR.

The project’s tokenomics reflect its community-first approach, reserving 10% of tokens for incentives and only 2% for the team. This balanced approach is creating a thriving community that’s ready to support Minotaurus for the long run. Don’t miss out—join the growing excitement around MTAUR today!

>>> 70% Off MTAUR – Secure Your Savings Before It’s Too Late! <<<

Conclusion

Dogecoin’s bullish trend is building traction, supported by strong whale activity and an increasing number of active addresses. If DOGE can keep its momentum and break through key levels, predictions suggest the Dogecoin price could reach $10 soon.

While you wait for DOGE to take flight, why not check out Minotaurus (MTAUR)? With a super low entry and a ton of perks for holders, this could be the perfect opportunity to give your portfolio a boost. Savvy DOGE holders have already made their choice!

Learn more about Minotaurus:
Website: http://minotaurus.io/
Announcements: https://t.me/minotaurus_official
Chat: https://t.me/minotaurus_chat
Twitter: https://twitter.com/minotaurus_io

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.