Dogecoin MVRV Returns To This Crucial Level — DOGE Price Up 400% The Last Time

Dogecoin MVRV Returns To This Crucial Level — DOGE Price Up 400% The Last Time


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?

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In an April 26 post on the X platform, pseudonymous crypto analyst Cryptollica posited

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