Transaction Volume Surges – Is DOGE Back in Play?
Yeah, you read that right—DOGE just hit its highest transaction count in three months. You might’ve thought the meme coin was dead, but here we are. Just last week, Dogecoin’s network processed a hefty 1.93 million transactions. For context, we ain’t seen that kinda action since February when DOGE was cruising above $0.20. This uptick could mean only one thing—the big dogs are back.
People have been underestimating Dogecoin for a minute, but here’s the kicker: transaction volume doesn’t just spike for no reason. The crowd’s starting to circle back, sniffing around, looking for an entry. You can feel it—interest is picking up, and that usually precedes price action.
$0.11 Resistance—Can DOGE Bust Through?
Alright, here’s where it gets interesting. The meme coin’s been struggling, stuck under $0.10 for weeks now, but that might change soon. You’ve got analysts like K A L E O and Ali talking about DOGE needing to break through $0.11. And guess what? There’s 23,400 addresses that bought DOGE at exactly that price. These wallets are holding a combined 31 billion DOGE, so if the price hits $0.11, you might see some serious selling pressure.
But selling pressure ain’t a bad thing if DOGE can absorb it. Think of it like shaking off weak hands. If it survives the $0.11 test, you might see a swift rally. It’s the calm before the storm right now.
Altseason Trigger—Is DOGE Leading Again?
This is where the plot thickens. One theory floating around is that DOGE could trigger the next altseason. That’s right—Ted, a crypto analyst with 120k followers, says DOGE’s the key. Look back at 2020-2021: DOGE popped, and then altseason followed. The charts from back then look eerily similar to what’s happening right now. Ted’s predicting that if DOGE breaks through $0.11, we could be looking at a “face-melting” altseason. Sound familiar?
So, what’s the search intent here? It’s simple. People are trying to figure out if Dogecoin is still a player in the market, and if its price movement could be the spark for altseason. Analysts think it might. Keep an eye on that $0.11 level—it’s the line in the sand.