
**Dogecoin (DOGE) Just Inch Away From ‘Breakout of the Year’**
Dogecoin (DOGE) is about to make a significant move, as it inches away from its “breakout of the year”. According to recent data and analysis, DOGE’s price may increase by 250% if it continues its upward trend.
It seems that Dogecoin has been trading near $0.196, and just above the long-standing downtrend that has capped its price since December. However, with a breakout above the weekly chart, this development is significant for the altcoin space.
Historically, DOGE’s price has shown no intention of stopping halfway once it starts moving, making the possibility of reaching $0.50-$0.60 a strong likelihood.
It seems that meme coins are accelerating first in recovering markets, with Dogecoin leading the charge. If this breakout holds through Sunday, the narrative will be difficult to ignore.
**Stay Tuned for More Insights**
U.Today is here to keep you updated on all the latest news and trends from the crypto space. Don’t miss out on our exclusive coverage!
Source: u.today