Crypto
Dogecoin Price Eyes Breakout Above $0.10 as Whale Holdings Surge to $10 Billion
Dogecoin's (DOGE) price has been hovering between $0.086 and $0.089, developing a cup-and-handle formation that suggests upside potential towards $0.10.
The major holders now control 108.52 billion DOGE tokens, representing approximately $10 billion in value, with futures open interest climbing to an unprecedented 16.38 billion DOGE (roughly $1.5 billion).
Market analyst RAFAELA_RIGO_ projects that Dogecoin's market capitalization could expand from $14.8 billion to $43 billion during the current market cycle, establishing a maximum price objective of $0.25.