Here’s why Dogecoin’s 30% weekly gain signals parabolic rally ahead

DOGE may be on the verge of a major breakout, with on-chain indicators and sentiment showing early signs of a potential bull run—despite past exits by long-term holders. 

As the weekend approaches, Dogecoin [DOGE] appears to be taking center stage among memecoins, with investor sentiment shifting in its favor. 

The asset has climbed 8.98% in the past day, bringing its weekly gain to 30.37%, at press time. Analysis shows that rising demand and key on-chain metrics have played crucial roles in this surge.