Dogecoin Surges 12% in 24 Hours, Outpaces Bitcoin in Key Metrics

Dogecoin has surged over 12% in the past 24 hours, outpacing not just its peers, but even Bitcoin in key on-chain metrics. This resurgence is more than just a meme-fueled bounce, as transaction volume and active addresses have spiked to multi-month highs. The memecoin’s momentum is breaking away from the pack, with retail and whale wallets alike reawakening.

According to data, Dogecoin recorded a 41.12% spike in large transaction volume and a 34.91% jump in daily active addresses, far outpacing Bitcoin, which saw double-digit declines in both metrics. This dramatic lead over Bitcoin in both transactional activity and network engagement has made Dogecoin the surprise standout of this early altseason rally.

Dogecoin’s weekly chart has investors buzzing with a classic cup formation that hints at a potential breakout toward all-time highs. The rounded bottom suggests a prolonged accumulation phase, with fans now floating the possibility of Dogecoin reclaiming — and even surpassing — its 2021 peak. The pattern implies a bullish continuation, especially if Dogecoin clears the $0.20-$0.25 resistance range. If momentum holds and broader altseason tailwinds persist, the road to $0.74 — or even $1 — is no longer a meme-fueled fantasy, but a technically grounded forecast.

The daily chart adds fuel to the rally narrative, flashing a bullish MACD crossover alongside a rising RSI now above 60. The sharp uptick in volume and strong green candle close at $0.181 suggest renewed buying pressure. If Dogecoin breaks above the immediate resistance near $0.185, short-term traders may target the psychological $0.20 mark next.

With bullish chart patterns and technicals hinting at a potential breakout toward Dogecoin’s all-time highs, the stage is set for a significant rally. As the altcoin revival gathers steam, Dogecoin’s resurgence signals strong retail and whale interest, positioning it as a key player in the broader crypto market.