Dogecoin Is Rallying 8% Monday Morning — Analyst Says $0.40 In Sight If The Coin Holds This Support
Posted On July 21, 2025
Dogecoin (CRYPTO: DOGE) was leading the large-cap cryptocurrencies early Monday morning, overshadowing Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
What happened: The dog-themed memecoin jumped over 8% over the last 24 hours, surpassing $0.27 for the first time since early February. DOGE was also the biggest gainer among the top 10 coins by market capitalization in this period.
The coin’s trading volume lifted 56% to $6.14 billion in the last 24 hours, indicating high trader interest and market liquidity. The latest uptick pushed DOGE’s weekly gains to over 33% and monthly returns to 69%.
Well-known cryptocurrency analyst and trader Ali Martinez said that DOGE was breaking …
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