Dogecoin (DOGE) has broken through the key psychological level of $0.10, marking a significant rebound after trading below that threshold since late January. The surge, which saw DOGE gain over 10% in a day, was accompanied by a doubling of spot trading volume and the liquidation of approximately $5.08 million in short positions, indicating strong bullish momentum and a potential short squeeze.
Analysts, such as CryptoAM on X, have highlighted the possibility of DOGE rallying further to $0.15, a 50% gain from current levels, with some optimistic targets looking back to 2025's highs near $0.30. This activity has cast a spotlight on the broader meme coin sector, where new projects like Maxi Doge ($MAXI) are gaining traction. MAXI's presale has raised over $4.63 million, attracting investors with its high-stakes branding, a 67% staking APY, and plans for trading contests and potential futures exchange partnerships.
Separately, Google's Gemini AI has issued bullish year-end price predictions for several major altcoins. For XRP ($XRP), currently trading around $1.44, Gemini forecasts a potential surge to $13, a 9x increase, driven by its role in payments and potential ETF approvals. For Dogecoin, the AI suggests a path to $1.50, a 15x gain from current levels, citing ongoing adoption by companies like Tesla. For Shiba Inu ($SHIB), Gemini predicts a breakout could lead to a rally toward $0.0001, a 17x increase, bolstered by the growth of its Shibarium Layer-2 network.
The narrative also highlights Maxi Doge as a potential high-growth contender in the meme coin space, positioned to capture attention with its presale momentum and utility-focused approach, contrasting with the larger market caps of established tokens like DOGE and SHIB.
