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After a strong start to the year, Dogecoin has become the market focus. According to data, this largest meme coin by market cap has risen nearly 24% since the beginning of the year, and its recent performance has been even more eye-catching.
Currently, Dogecoin is trading around $0.1415, with a gain of over 2% in the past 24 hours, but what truly stands out is its over 15% increase in the past seven days. This momentum is clearly unusual.
On-chain data shows some interesting signals from the Cumulative Value Destroyed Days (CVDD) indicator. After rebounding from the first blue support level, Dogecoin has risen to around $0.15, and these blue horizontal zones have historically coincided with long-term capital accumulation phases. In other words, the current price is surrounded by these key zones, which may indicate that an important accumulation phase is underway.
Looking ahead, the market is generally optimistic about the performance of altcoins in 2026. As the long-awaited "Altcoin Season" gradually heats up, Dogecoin, as a representative of meme coins, is expected to gain strength. If the momentum continues, it may even challenge its all-time high. This could be the perfect window to observe and position for this hot coin.