Dogecoin Surges 3.91% Amid Meme Coin Rally

Meme coins have once again captured the attention of the cryptocurrency market, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) emerging as potential candidates for significant price surges. Dogecoin, one of the most well-known meme coins, recently saw a fresh rally, climbing to $0.1689 after a 3.91% gain in a single day. This rally is part of a broader trend where meme coins have shown mixed strength, with Dogecoin forming a double-bottom near $0.1467, suggesting that support is holding despite overall market volatility. The potential for a 5x rally within 15 weeks underscores the optimism surrounding Dogecoin's future performance.

On the short-term chart, Dogecoin's price has broken above the descending trendline, confirming a breakout. The Stochastic RSI has crossed up, signaling short-term upside price momentum. This momentum could continue with a series of higher highs and higher lows, with the first target for this move being $0.18. The weekly time frame for Dogecoin looks even more promising, with the descending trendline stretching back to early December 2024. A breakthrough here could be explosive, potentially sending the price much higher. Getting above the previous local high at $0.26 would leave the path open to the top of the last big swing high at $0.48.

Shiba Inu, another prominent meme coin, has entered the spotlight with analysts forecasting a major price rally. Currently trading near $0.00001179, Shiba Inu is attracting bullish attention with projections aiming for a potential breakout toward $0.000032—a move that would mark a 171% gain from current levels. On the short-term chart, Shiba Inu is looking bullish, with an ascending trendline forcing the price up against a band of horizontal resistance, forming an ascending triangle pattern. Once the price breaks through the band of resistance, the target would be $0.000014. The weekly time frame for Shiba Inu reveals that the big breakout is very near, with the Stochastic RSI indicators confirming in a bullish cross-up. All the horizontal resistance levels on the chart are likely to be breached, so the minimum target is $0.000017, with a decent chance of matching the last swing high at $0.000033 should this bull market switch into overdrive.

Pepe Coin, another meme coin gaining traction, has recently broken out of a descending channel. The horizontal level at $0.00000917 is acting as solid support just below, giving Pepe Coin bulls the base to start the next big climb higher. The next target levels are the resistance at $0.0000114, and the previous local high at $0.000016. Stochastic RSI indicators are crossing back up, signaling potential upside momentum.

According to the analyst's forecast, Dogecoin is anticipated to experience a 5x rally within the next 15 weeks, while Shiba Inu is targeting a 10x surge. Meanwhile, the newcomer Little Pepe (LILPEPE) is showing potential for a 45x increase. These projections highlight the volatile and speculative nature of the meme coin market, where community hype and viral trends can drive substantial price movements. The renewed interest in meme coins mirrors a broader wave of renewed interest in the meme coin market. These tokens, often driven by community hype and viral trends, have played a pivotal role in crypto’s retail resurgence. As Pepe crypto continues to trend with frequent questions like “Can Pepe Coin reach $1?” and “Is Pepe a good investment?”, the sector’s speculative nature remains a defining trait. While Pepe price prediction 2025 forecasts vary, it shares SHIB’s reliance on meme appeal, market sentiment, and tokenomics—particularly supply dynamics.