Dogecoin (DOGE) is catching eyes again as its current price pattern mirrors the lead-up to its massive 8,000% rally in 2021. After a 480% rebound from August 2024 lows, DOGE is now consolidating within a $0.39-$0.48 range. This echoes its 2021 behavior, suggesting a potential breakout.

Onchain data reveals a record high in whale accumulation, with addresses holding over 1 million DOGE now owning 130.17 billion tokens. Elon Musk's influence remains strong, with recent developments like the Department of Government Efficiency (DOGE) fueling interest. Could history repeat itself? Stay tuned!