Dogecoin Will ‘Pump Hard’ After This Happens, Analyst Clocks Generational Entry

A leading crypto analyst has further expressed their confidence that Dogecoin could be set for a bullish run in the current market cycle. This comes thanks to renewed buyer interest in the coin following its recent drop.

Since then, DOGE has recovered to around $0.08529. The coin has also maintained strong interest among traders, with a 24-hour trading volume of about $812.7 million and a market value of roughly $14.5 billion.

At the same time, wallets holding more than 1 billion DOGE, which are often associated with crypto exchanges, have increased their share of the circulating supply. Their holdings have risen to 47%, suggesting high activity among retail investors.