Analysis of Dogecoin’s transaction fees reveals a strong correlation with its price. Lower fees often indicate reduced market interest and subsequent price dips. This cyclical pattern has been observed historically, leading to periods of accumulation followed by correction phases. 2025 data shows a decline in both metrics suggesting increased market volatility. 41,132 transactions were recorded over the past day with an average transaction cost of 0.534 DOGE or $3,900. On January 19, 2025, Dogecoin reached its peak price at $0.3598, before experiencing a subsequent decline in both metrics by March 27, 2025. The correlation between fees and price suggests market sentiment plays a significant role. Higher transaction fees often signal increased network activity and price surges, while lower fees suggest reduced market interest and price declines. According to trader Trader Tardigrade, Dogecoin exhibits cyclical behavior, with distinct accumulation, breakout, and correction phases followed by potential rallies. A price surge between 2014 and 2017 led to a breakout before corrections in the years that followed. A similar pattern has been observed in 2020, culminating in a price peak in 2021. The market then experienced a correction, mirroring historical cycles. Currently, Dogecoin appears to be in another accumulation phase with minor breakouts suggesting potential rallies. Historical trends suggest long-term growth potential.