Dogecoin Price Strength Builds as Holders Stay Firm
The Dogecoin price has moved higher for three straight months, now up more than 50% since July. On-chain data shows holders are confident. Both old and new wallets are adding DOGE instead of selling, hinting that the next leg higher could be close.
The Spent Coins Age Band, which measures how many old coins are being moved, dropped sharply from 486.7 million DOGE in mid-September to just 58.5 million by October 6. This means fewer people are taking profits, and most are holding for more gains.
Another key signal comes from HODL Waves, which track how long coins stay untouched. The number of short-term holders rose from 3.16% to 5.65%, while long-term holders grew from 23.11% to 24.05%. Both groups holding at once shows quiet confidence across the board.
These combined signs suggest Dogecoin’s price foundation is firm and the coin could soon test the $0.32 area if buying continues.
Dogecoin Price Prediction: Can DOGE Break $0.35 Next?
The Dogecoin price prediction remains positive as the coin trades in an upward channel. The upper limit of this channel sits near $0.28, a level traders are watching for a breakout. A clean move above it could open the door to $0.32 and even $0.35.
Whale activity has picked up again. Whale Alert recorded large transfers worth over $100 million within 24 hours. Futures traders also seem ready for action. Open interest in DOGE derivatives rose 4% recently, showing growing expectations for volatility.
Outside the charts, buzz around a possible U.S. Dogecoin ETF and comments from Nvidia’s CEO linking back to Elon Musk have added small bursts of excitement. If these stories stay in play, DOGE could find fresh demand from retail traders chasing the next rally.
MAGACOIN FINANCE: The New Doge Challenger
As Dogecoin builds its next move, MAGACOIN FINANCE is rising as a newer altcoin that traders are calling a “Doge challenger”. It’s faster, smaller in size, and built for rapid growth. Some traders see it as an altcoin that could deliver far bigger moves, 200% to even 2,000% when Dogecoin makes 20%.
Those who missed DOGE’s run in 2021 are paying attention to MAGACOIN FINANCE now. Its community energy and agile setup make it an early-stage story that feels familiar but refreshed for this cycle.
MAGACOIN FINANCE Audited for Security
MAGACOIN FINANCE has completed a HashEx audit and is undergoing a CertiK review, confirming its secure setup for buyers entering early.
How Traders Can Position Now
Dogecoin’s setup looks healthy, but traders also want exposure to newer plays with higher upside. Watching DOGE while exploring early movers like MAGACOIN FINANCE could be a smart balance.
The window to buy MAGACOIN FINANCE early is still open. Visit the links below to explore and join before it climbs higher:
- •Website: https://magacoinfinance.com
- •
- •Telegram: https://t.me/magacoinfinance