Dogecoin News: Elon Hints At New DOGE Use Case, Whale Transactions Surge With Price Rally Expected#Binance250Million #BinanceAlphaAlert #BTCRebounds95K #XRPBackInTop3 $DOGE Dogecoin Rests On Crucial Support, Will It Hold?

Once again Dogecoin and Elon are topping headlines and making rounds on X. The world’s most famous Dogecoin supporter has recently commented on a post that encouraged Elon to make the Texas Institute of Technology & Science, codenamed T.I.T.S. a reality. The creation of this new university was suggested by Elon a few years ago where students would able to pay their tuition with DOGE. Many didn’t take him particularly seriously, but then again, they also didn’t take him seriously when he asked how much it would cost to buy Twitter.

Additionally, as it is already widely known, Elon is set to head the new Department of Government Efficiency (D.O.G.E). He is expected to play a crucial role in the pro-crypto Trump administration, setting the stage for a massive 2025 crypto rally.

Meanwhile, whales are taking advantage of the discount and are adding millions of DOGE to their wallets. On X, analyst Ali Martinez has shared some on-chain insights that show the magnitude of this whale buying spree, with over $90 million worth of Dogecoin scooped up by large investors.

The substantial sell-offs of the past few weeks have taken a toll on Dogecoin (DOGE) as it breached several support levels and entered a narrow trading range around the $0.31 mark.

Analysts believe that once the market regains its footing and Donald Trump takes office, Dogecoin will likely see a breakout, with the major Q1 target being the ambitious $1 milestone.

However, as Dogecoin’s market cap inches close to the $100 billion mark, veteran investors understand that the real gains will come from undervalued, low-cap projects. For this reason, many are now rotating funds into the viral presale of Rollblock, which could soon mimic Dogecoin’s legendary run and become the next 100x gem.