Altcoin
Dogecoin Price Could Rally As This On-Chain Metric Turn Bullish

Recent on-chain data shows that short-term trading activity for meme coins has been increasing, which could lead the Dogecoin price to rally.
Dogecoin’s recent 65% price retracement aligns with the typical pattern following a breakout from a multi-year descending triangle, setting the stage for a potential bull rally.
Dogecoin Price Surge: 200% Target in Sight
Crypto analyst Ali Martinez has highlighted the potential for a significant movement in Dogecoin price. According to Martinez, the DOGE price is currently breaking out of a multi-year descending triangle pattern. This has historically signaled significant price increases.
In previous instances, the memecoin experienced a 200% surge following similar breakouts. however, it subsequently saw a 60% retracement before embarking on a more substantial bull run.
For historical analysis, Martinez pinned three breakouts similar to what they saw this year since 2015, each moving upward with much force. If history is to repeat itself, a midterm rally could push Dogecoin price by 200% up to $0.2236. That level was last seen in December 2021.
The coin has retreated to the current price of $0.1112, representing a 2.92% jump in the last 24 hours. Nevertheless, that historical trend looks promising. The broader market conditions, including macroeconomic and investor sentiment perspectives, will likely shape its course in the coming weeks.
Adding to the bullish sentiment, whale activity around Dogecoin also intensified, with whales accumulating 2.07B DOGE in just one week.
This marks the most significant accumulation of this token by whales since January. It also indicates strong interest from large holders and potentially setting the stage for a substantial price movement.
This, however, may not have been completely unexpected. Recently, when the crypto market experienced a sudden wave of selling pressure, Dogecoin price showed resilience, posting a gain.
In the last week alone, some 110,000 short-term traders have traded Dogecoin, far outpacing its closest rivals, Shiba Inu, DEGEN, and Pepe. This rise in trading volume indicates that traders looking to make a quick kill in the markets for meme coins continue to find this memecoin an attractive option. That could mean more speculation or a renewed focus on DOGE, which leads the meme coin market.
DOGE Community Back in Action With Active Addresses Surge
First and foremost, it should be underlined that historically, each time Dogecoin price has broken out of its multi-year descending triangle pattern, this has been followed by a serious rally in price, with returns of about 200%.
Following that initial surge, the market usually undergoes a retracement of about 60%. This has often formed a consolidation before the next primary uptrend. If history is any guide, this breakout could be the starting point of yet another strong rally.
Active DOGE addresses have recently surged to 133,880, marking the highest level in the past eight months.
This significant increase highlights a resurgence in interest within the DOGE community, particularly as new users flock to the network.
Analysts attribute this growth to a combination of factors, including a broader positive sentiment in the market and a growing number of wallets, which reached over 90 million. The increase in active addresses reflects a spike in participation. It also hints at potential bullish momentum for DOGE moving forward.
Active #Dogecoin addresses recently surged to 133,880—the highest level in 8 months! pic.twitter.com/DojEsDscXk
— Ali (@ali_charts) October 12, 2024
The meme coin gained a peak as recently as September 28, 2024, when DOGE touched $0.1350. It has since lost around 15% of that value. It has nonetheless gained some poise at the start of October.
At the time of writing on October 12, DOGE was trading at $0.1111, representing a 2.64% week-over-week rise. Analysts remain upbeat that DOGE might rise to $0.1315 this month and have growing whale interest to support such a rebound.
According to recent Santiment data, whales holding between 1 and 10 million DOGE in wallets continued aggressively accumulating DOGE. This has been ongoing since October 2024, even with great volatility in prices. This is a sign that larger holders seem quite confident in the coin’s future potential.
Historically, when this accumulation trend emerges, it has often aligned with a market bottom and signaled a probable price reversal. If the pattern holds, then Dogecoin price might be preparing for a big upward movement in the near term, as confidence among these “whale” investors usually precedes market rebounds.
Whale Accumulation and New Users Fuel Dogecoin’s Rise
Speculation is well underway over Dogecoin’s future trajectory, which leads to notable growth, particularly in active addresses and whale accumulation.
For instance, the increase in active addresses denotes that new users are starting to pour into the market, likely in anticipation of further developments in the Dogecoin network. This enthusiasm among newcomers is of the essence because it signals renewed enthusiasm from investors.
However, it is tough to predict what will happen in the future with Dogecoin price. Though a strong community and endorsement by high-profile personalities add credibility to it, like all cryptocurrencies, DOGE remains susceptible to market volatility.
More recently, this milestone has surpassed 90 million wallets, serving as a signal of a growing base, one that might be a catalyst for innovation and adoption, which has repeatedly driven leading cryptocurrencies like Bitcoin and Ethereum to grow.
According to some reports, the surge in active activity indicates a rekindled investor interest. With the new entrants and whales buying into it, things look high for Dogecoin price and the token to shed its meme currency tag and be positioned as a cryptocurrency with serious growth. As adoption and innovation have become the key elements for the future, the market will keenly watch how these factors pan out.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
XRP Price to $27? Expert Predicts Exact Timeline for the Next Massive Surge

Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Binance Update Sparks 50% Decline For Solana Meme Coin ACT: Details

A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
BTC, ETH, XRP, DOGE Fall Following Weak PMI, JOLTS Data

A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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