Dogecoin’s Price Surges 41% – Transaction Volume Soars, Bullish Signs Emerge

This week, Dogecoin (DOGE) experienced a notable price surge, exceeding both the 50-day and 200-day Exponential Moving Averages (EMAs) on the 4-hour timeframe. Analysts are optimistic about DOGE’s potential for further growth as altcoin season approaches. This surge is partly fueled by growing network engagement and increased transactional activity, according to Santiment data, showcasing a noticeable increase in buyer interest.