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DOGE continues to rise by 10% and has reclaimed a key level. With Bitcoin (BTC) 
$106,308 climbing back above $68,000, leading altcoins like SHIB and DOGE are experiencing significant gains. This article discusses expectations for price levels amidst the ongoing growth.
Dogecoin (DOGE)
We previously discussed that Dogecoin 
$0.176916 could achieve significant gains with closing prices above $0.105. It has indeed surpassed this level and is now above $0.13. The impressive rises in assets like Dogecoin reflect the potential for further increases across the altcoin market. Major altcoins gaining double-digit percentages could undermine BTC’s market dominance and revive demand for smaller altcoins.
Although the number of alternatives in the meme coin sector is growing, only a small fraction of thousands will survive a year from now. This situation prompts risk-seeking individuals looking to profit from meme coin surges to favor established assets like DOGE for long-term investments.
Historical data suggests that meme coins, which often see parabolic rises during bull markets, could facilitate another significant rally for DOGE. Current charts indicate that closing prices above $0.1319 may target the resistance at $0.1527.
General Status of Cryptocurrencies
Demand remains strong for major altcoins. BTC is back above $68,000, and the recent higher low supports overall market optimism. The market volume in the past 24 hours exceeds $75 billion, with BTC dominance staying below 60%. BTC has maintained gains after a 10% increase this week.
This week, ENA, MEW, and MOG saw gains of over 30%. HNT and MKR were among the week’s losers, experiencing double-digit declines and increasing losses in the past 24 hours.
