Crypto Trader Proclaims Doge Enters Fresh Bull Market, Meme Currency Hits 20-Cent Threshold in Weekend Surge – Emeren Group (NYSE:SOL) Announces

The popular meme-based digital currency Dogecoin (CRYPTO: DOGE) experienced a significant surge over the weekend, as the broader crypto market’s mood turned bullish. In tandem, the up-and-coming Dogwifhat token (CRYPTO: WIF) also saw an impressive rise in value.

What Happened: Doge, which had its price set at $0.177518 at the end of the trading day on Friday, soared on Saturday to close at $0.185951 — a 4.75% increase. The momentum continued to build on Sunday, pushing the meme cryptocurrency beyond the $0.20 threshold, marking its first time reaching this level since April 2.

The latest price check has Doge up by 11.37% at $0.202750, as per data from Benzinga Pro.

At the end of March, crypto analyst Ali Martinez indicated that Dogecoin could be poised for a substantial upswing, as its technical charts showed similar patterns to those seen from 2018 to 2021.

Capitalizing on the weekend rally for Doge, cryptocurrency trader Yomi remarked on Saturday via a X platform post, “Don’t forget folks #Dogecoin is in a new bull market. Sit back, relax, and enjoy the ride.”

Since peaking at $0.737567 on May 8, 2021, Doge entered a period of decline over nearly a year, stabilizing around the $0.10 level. It broke out of this range in late February and has been trending upward more broadly since.

Newcomer Dogwifhat on the Rise:
The Solana (CRYPTO: SOL)-based meme coin Dogwifhat, which debuted in November 2023, also enjoyed a hefty gain over the weekend, paralleling Doge’s performance. It last traded up 9.52% at $3.6726.

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