Dogecoin Soars Amid Whale Buys, New Meme Rival

Dogecoin (DOGE) has risen 27% in the past week to $0.25, driven by intensified whale accumulation, institutional inflows, and speculation about a potential DOGE ETF, while Bit Origin announced a $500 million DOGE treasury strategy—the largest corporate move of its kind. Technical indicators for DOGE remain bullish, with analysts noting a double bottom pattern and projecting possible gains to $0.42 if the rally continues. Open interest in DOGE derivatives has reached record highs, and some analysts suggest DOGE could approach a $1 trillion market cap, or nearly $7 per token, if historical capital rotation persists. The meme coin sector's market cap has expanded to $85 billion, reflecting strong investor interest and volatility. Bitcoin's declining dominance and stagnant price action have contributed to capital rotation into altcoins such as DOGE and Ethereum, potentially signaling an 'altcoin season' if macroeconomic catalysts like Federal Reserve rate cuts occur. New meme coins like Little Pepe (LILPEPE) are gaining traction by offering technical innovation and presale opportunities, indicating rising competition in the sector.