Dogecoin is back to playing that old trick.

Recently, it has been oscillating around $0.10, and many veteran investors are getting excited seeing this pattern—just like the script at the end of last year. Remember the rally in 2024? Dogecoin was consolidating and accumulating energy, then suddenly surged from $0.10 to $0.45, with an annual increase of over 250%, becoming a star in the Meme coin sector.

How did that surge happen? Dogecoin first broke below $0.15, then broke through $0.20, with almost no significant pullback during the process. Trading volume skyrocketed, RSI technical indicator soared to overbought territory at 80, and buying pressure was unstoppable. Many people reacted too slowly and missed out on the first wave of gains.

Now the question is: will history repeat itself?

If we take $0.15 as the starting point and replicate the same percentage gains, Dogecoin could reach $0.60 or even $0.67. Keep in mind, this is still below the previous high of $0.73. Some analysts are more aggressive, targeting $0.80 directly. It sounds a bit crazy, but in the crypto market, Meme coins can indeed explode beyond your expectations.

Is the market favorable now? Yes. By early 2026, inflows into Dogecoin ETFs started to pick up again, and the entire Meme coin sector is experiencing a collective revival. This adds some confidence for potential market movements.

But to be honest: no one can guarantee a sharp rally will definitely happen. The scale of capital inflow, market confidence, macroeconomic environment—all are variables. Although the breakout after consolidation can be very strong, it also carries the risk of a pullback. Managing risk properly should always come first.

What do you think about this rally? Target at $0.60, or do you prefer to wait for $0.80?