DOGE

Dogecoin (DOGE) has achieved a remarkable major milestone, with its market capitalization now exceeding $62 billion.

Dogecoin has shown a parabolic surge, rebounding powerfully from a price of less than $0.10 in October, and is currently trading at around $0.42.

Key price levels to pay attention to during trading include the direct resistance levels of $0.45 and $0.50. If it can successfully break through these resistance levels, Dogecoin is likely to aim for a target price of $0.60 or even higher before mid-December, supported by its continuously growing market capitalization and strong network activity.

On the downside, if Dogecoin fails to maintain the support level of $0.40, it could lead to a price retreat to $0.35, especially in scenarios where trading volume declines and the number of active addresses decreases, which would further exacerbate this retreat risk.