Zinger Key Points
- Dogecoin Foundation outlines plan for Layer 2 integrations to expand DOGE’s utility.
- Whales are accumulating while traders go long—analysts foresee a breakout and a potential 150% rally.
- Get the Strategy to Trade Pre-Fed Setups and Post-Fed Swings—Live With Chris Capre on Wednesday, June 11.
Dogecoin DOGE/USD may be gearing up for a major move, as its Layer-2 roadmap comes into focus and key technical indicators flash bullish signals.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin DOGE/USD | $0.1550 | $23 billion | +0.3% | +0.06% |
Shiba Inu SHIB/USD | $0.00001175 | $6.9 billion | -0.6% | -1.1% |
Pepe PEPE/USD | $0.057194 | $3 billion | +0.3% | +7.3% |
Trader Notes: Trader Tardigrade noted Dogecoin has flipped from a downtrend to an uptrend on the 4-hour chart, breaking a key trendline.
The RSI is now approaching 50 and inching closer to bullish momentum.
In another X post, Tardigrade questions a "93-day Doge Bull Run?"
Javon Marks highlighted a strong bullish divergence on the charts, signaling that bearish pressure is fading.
He sees the potential for a 150%+ move toward $0.40.
Statistics: In an X post on Tuesday 15, crypto chart analyst Ali Martinez noted whales have accumulated more than 800 million DOGE in the last 48 hours.
Coinglass data shows Dogecoin liquidations in the past 24 hours at $4.35 million, with $2.51 million in long liquidations. DOGE derivatives data volume expanded by 12.6%.
Community News: The Dogecoin Foundation recently unveiled plans for integrating Layer-2 networks, aiming to supercharge DOGE's utility.
Foundation director Timothy Stebbing emphasized that while Dogecoin's Layer-1 should remain lean and optimized for speed and security, real innovation—including smart contracts, tokenization and identity—will thrive on L2s.
He called this "a new era" for the meme coin, noting that progress always brings both opportunities and risks—and that it's up to the community to harness the good while fending off scams.
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