The price of Dogecoin (DOGE) has been consolidating, but there are signs of an impending price breakout. The trading volume for DOGE has surged by 27.71% in the last 24 hours, reaching $1.01 billion. This increase in trading activity is seen across top platforms, indicating growing interest in the meme coin. The open interest in DOGE has also risen by 2.24% to $530.78 million, suggesting more investors are entering the market. These metrics show positive sentiment and suggest a potential price rally in the near future. Analysts have also predicted a breakout for DOGE, further supporting the bullish sentiment.



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