The price of Dogecoin (DOGE) has experienced a notable surge, climbing as high as $0.24 before retracing to around $0.22 at press time. This upward trend reflects broader bullish momentum in the crypto market but also sparks debate about its future trajectory with some analysts expressing caution regarding rising retail activity. 25% price increase in just two weeks indicates strong investor interest, while questions arise if this momentum will continue or if it could lead to short-term corrections. On-chain analysis suggests that retail traders are heavily influencing DOGE’s price movements, particularly in futures markets, potentially leading to a reversal of the current bullish trend.