\n\t\t\t\t\t\t\t\t\tThe meme coin looks \u201cso primed for a big move,” one analyst argued.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The largest meme coin by market capitalization has rebounded 4% over the past week, with some analysts expecting the uptrend to continue in the short term.<\/p>\n
Some key on-chain metrics support the bullish outlook, yet traders and investors should tread lightly, as market conditions remain unstable due to ongoing geopolitical tensions and other factors.<\/p>\n
How High Can DOGE Go?<\/h2>\n
During the Friday market-wide price resurgence, Dogecoin briefly surpassed $0.10, but it currently trades around $0.09. Its market capitalization hovers at approximately $14.6 billion, making it the undisputed leader in the meme coin realm and the 10th-biggest cryptocurrency.<\/p>\n
According to some analysts, such as X user Don, the token has significant upside potential. They noted<\/a> that DOGE has been trading above a certain support zone since 2021, setting the next critical resistance at $0.40. The market observer believes that a rise to such a dimension could open the door to $1.<\/p>\n Other analysts who recently chipped in include Mikybull Crypto and Cryptollica. The former argued<\/a> that DOGE looks \u201cso primed for a big move,\u201d while the latter envisioned<\/a> a possible explosion to a new all-time high of $1.60.<\/p>\n The recent whale activity reinforces the optimistic scenario. The renowned analyst Ali Martinez revealed<\/a> last week that large investors had purchased 330 million DOGE in a few days. The development shows their strong conviction in the asset and could prompt retail investors to mimic the big players\u2019 move.<\/p>\n Earlier this month, spot DOGE ETFs finally attracted capital, indicating that institutional investors have renewed some interest in the meme coin.<\/p>\n The first such product in the USA went live<\/a> in November last year, launched by Grayscale, while Bitwise and 21Shares followed shortly after. The cumulative net inflow into those financial vehicles remains below $10 million, which is nothing compared to the massive demand<\/a> for spot BTC, ETH, and XRP ETFs. Those products with Ethereum as an underlying asset, for instance, have witnessed a 7-day green streak: something last seen in October 2025.<\/p>\n The recent Dogecoin exchange netflow is also worth monitoring. Over the past weeks, outflows have dominated inflows, signaling that investors have been abandoning centralized platforms and moving toward self-custody methods. This is considered bullish since it reduces immediate selling pressure.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\nOther Bullish Factors<\/h2>\n
You may also like:<\/h3>\n
<\/a>
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n