The altcoin market has been one of the most-affected segments of the crypto industry by the uncertainty that has clouded the global financial markets in the past few months. For instance, Dogecoin — the largest meme coin by market capitalization — lost over 55% of its value in the first quarter of 2025. However, things seem to be looking up for the DOGE token, as its price jumped by nearly 15% in the past week. According to the latest on-chain observation, this recent rally might just be the beginning of another leg up for the meme coin over the coming weeks. Is A Sustained Bull Run On The Cards For DOGE? In an April 26 post on the X platform, pseudonymous crypto analyst Cryptollica posited that the price of Dogecoin could be gearing up for an extended bullish period over the next few weeks. This projection is based on the changes in the MVRV metric, which tracks the ratio of a coin’s market cap to its realized cap. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into Vi ..
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