Dogecoin's Potential Surge: Will It Repeat 2021 Highs?
TL;DR Summary
Dogecoin's price surged by over 12% in the past week, with market indicators suggesting a potential sevenfold increase. Analyst Mags noted that DOGE's current pattern mirrors its 2021 cycle, which saw a massive price spike. On-chain data shows high whale activity and positive sentiment, though the fear and greed index indicates a possible price correction. Overall, market indicators remain bullish on DOGE.
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