Dogecoin Price Prediction: 'DOGE Millionaire' Boosts Meme – Which Coin is He Buying?

Dogecoin is rising to the sky today, climbing back above $0.185 even as most other cryptocurrencies are on a 下行 trend. Despite the recent fall, DOGE still maintains a solid growth of 27% compared to the same period last year, and the increasing discussions about whale accumulation may signal the beginning of a larger move. Such price volatility occurs as the self-proclaimed Dogecoin millionaire Glauber Contessoto has recently expanded into other meme tokens, including PEPE, BRETT, and WIF. But while it seems that Contessoto has given up on DOGE, he still holds this meme token, showing that he believes it has a very positive price prediction in the long term. Dogecoin Price Prediction: 'DOGE Millionaire' Boosts Meme – Which Coin Is He Buying? Contessoto actually invested in PEPE in February, selling all the Ethereum he held and investing 1 million dollars in this frog-themed meme token.

The Doge millionaire has also opened positions in BRETT and WIF in recent weeks, as this trader posted a few weeks ago that he had switched from TOSHI to BRETT. But as mentioned above, he still holds more than 5 million DOGE, equivalent to about 925,000 dollars at the current price. This is a reliable signal for this long-standing meme token, although not very impressive in the first half of 2025, it may have the potential to rise to the sky more strongly in the second half of the year. And if we look at today's chart, we see that it has the potential to be in a very optimistic position, as its indicators have recently hit bottom.

For example, the RSI indicator (purple) had reached the level of 30 a few days ago and now it seems to be starting to rise. At the same time, the 30-day moving average of DOGE ( orange ) is about to hit the bottom compared to the 200-day moving average ( blue ), another signal indicating that we may soon have a strong rise. But we may have to wait for the price of Dogecoin to fall a little more before there is a sustainable recovery, as some whales have sent this coin to exchanges over the past week. Then, the price will return to $0.20 by the end of June and $0.50 or more in August.