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- DOGE bulls aim for a strong weekly conclusion after previously consolidating for about two weeks.
- Does this validate Dogecoin’s position in terms of investor interest in 2025, considering its strong performance in 2024?
If you were curious about Dogecoin’s [DOGE] prospects in 2025, then perhaps its first week’s performance should put you at ease.
This is because the memecoin kicked off the week on a bullish leg, perhaps an indication of continuity after a mostly bullish Q4 2024.
DOGE has particularly concluded the week with a surge in momentum, raising hopes that it could potentially hit $0.5 in the coming days.
Its previous attempt in December saw it rally as high as $0.48, after an impressive few weeks of bullish momentum.
For context, the 45% Dogecoin December pullback was short-lived, but it was followed by a two-week consolidation.
This was largely because investors were waiting which direction the price would swing in the first week of January.
DOGE exchanged hands at $0.39 at press time, courtesy of a 27% weekly uptick. This suggesteds that price may make another attempt at cracking the$0.50 price tag within the next few weeks if it sustains bullish demand.
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