DOGE has maintained price patterns similar to those of BTC, ETH, and SOL despite its meme status.
The popularity of other newer meme coins may be drawing attention away from DOGE.
DOGE on-chain metrics and technical indicators suggest a rally may be on the horizon.
Dogecoin (DOGE) is up 1% on Tuesday, as a recent analysis shows that its price is following similar patterns to top cryptocurrencies like Bitcoin, Ethereum, and Solana. While the move has seen DOGE show lesser volatility compared to previous cycles, the meme coin could be set to resume its sharp movements with a potential 41% rally.
DOGE’s price sees lower volatility than in previous cycles
In the past few months, DOGE's price performance has followed similar patterns to those of BTC, ETH and SOL, which have far larger market caps and relevant use cases.
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