Dogecoin Transactions Spike Amid Price Rally Speculation

Dogecoin has experienced a surge in large transactions and active addresses, with a 41% increase in transaction volume and a 35% rise in daily addresses, despite a recent price correction. This activity suggests sustained interest from large holders, potentially indicating a bullish trend. Technical analysis points to a possible breakout from a falling wedge pattern, which could lead to a 25% price increase. Currently, Dogecoin is trading at $0.38, up 7.4% from its weekend low.