Can Dogecoin Price Surpass $1? DOGE MVRV Reaches New Highs in 4 Years

Dogecoin’s MVRV ratio reached a four-year high, signaling intense trading activity. The MVRV’s spike aligned with a bullish trend in the crypto market, echoing patterns when such highs preceded significant Dogecoin price increases. The MVRV rose sharply before settling, suggesting potential for further growth of DOGE memecoin. As the biggest memecoin approached its “half-life” correction,... source: https://www.thecoinrepublic.com/2025/01/06/can-dogecoin-price-surpass-1-doge-mvrv-reaches-new-highs-in-4-years/