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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Whale Blows Up DOGE Waves – Could 0.25 USD Open the Curtain for the Meme Coin Craze of 2025?
Dogecoin is showing strength once again, consolidating around the $0.24 level after a strong breakout driven by whales. With optimistic technical indicators and increasing excitement from the community, traders are wondering if this is a sign of the resurgence of a meme coin. Whale Activity Sparks a DOGE Wave On August 11, a whale pumped around $200 million into Dogecoin, pushing the price from $0.23 to $0.24 in just one day. This buying wave came after a previous accumulation by the whale that raised the price of DOGE to $0.23 on August 9 before sellers took profits. Such moves bolster confidence, maintain healthy liquidity, and often set the stage for sustainable price increases. DOGE is currently forming a cup and handle pattern on the 4-hour chart — a bullish pattern, if confirmed with a close above $0.235 with strong trading volume, could push the price up to $0.25–$0.27. The support level remains solid between $0.215 and $0.20, while a decisive breakout above $0.25 could pave the way for a rise to $0.30 or more. The RSI indicator is at 58, indicating potential bullishness before hitting the overbought threshold. The Benefits of Community Power Gathering Organization Alongside the origin of meme coin, Dogecoin continues to witness increasing legitimacy. The Grayscale Dogecoin Trust is incorporating DOGE into its managed investment portfolio, while support from figures like Elon Musk maintains high public attention. The "Doge Army" remains active as ever, driving momentum on social media and retail participation. The Resurrection of Meme Coin is About to Happen? Although Dogecoin is leading, its resurgence may rekindle interest across the entire meme coin sector, which is known for its strong price surges during bull market phases. If DOGE convincingly surpasses the $0.25 level, it could trigger speculative capital flows into similar tokens - signaling the potential return of meme coins by the end of 2025. For traders and investors, the combination of whale accumulation, bullish chart patterns, and increasing institutional adoption makes Dogecoin one of the coins to watch closely in the weeks ahead. Conclusion The surge of Dogecoin may ignite a broader revival wave of meme coins, attracting both individual investors and the curiosity of institutions. While DOGE struggles with a resistance level near $0.25, seasoned investors have been and are seeking the next strong bullish move.