The bill seeks to limit crypto gains by high-ranking government officials. COIN Act covers a wide range of public figures and mandates transparency. Continue Reading: Lawmakers Move to Restrict Government Officials from Profiting on Cryptocurrencies The post Lawmakers Move to Restrict Government Officials from Profiting on Cryptocurrencies appeared first on COINTURK NEWS .
According to LookIntoChain data reported by COINOTAG News on June 26, a significant transaction occurred involving a whale holding the address 0xD071. This investor transferred an enormous volume of 531.63
BitcoinWorld Bit Digital Unveils Strategic Shift: Embracing Ethereum Staking and ETH Reserve In a groundbreaking announcement that reverberates through the digital asset world, Nasdaq-listed Bit Digital has unveiled a monumental strategic pivot in its operational focus. Known previously for its robust Bitcoin operations , the company is now setting its sights firmly on the Ethereum (ETH) ecosystem, aiming to become a dominant force in Ethereum staking and an integral ETH reserve company. This bold move signals not just a change for Bit Digital but potentially a broader trend within the evolving cryptocurrency landscape. The Strategic Pivot: Why Bit Digital is Embracing Ethereum Staking The core of Bit Digital’s audacious new direction lies in its commitment to Ethereum staking . This strategic pivot underscores a profound belief in Ethereum’s future, particularly its post-Merge Proof-of-Stake (PoS) consensus mechanism. For Bit Digital, embracing Ethereum staking offers several compelling advantages over traditional Proof-of-Work (PoW) Bitcoin operations . Yield Generation: Unlike energy-intensive mining, staking involves locking up ETH to support the network’s security and validate transactions, earning consistent rewards (yield) in the process. This can provide a more predictable revenue stream. Environmental Sustainability: Ethereum’s shift to PoS dramatically reduced its energy consumption, aligning with increasing global demands for more sustainable blockchain solutions. This move positions Bit Digital as a more environmentally conscious player in the crypto space. Reduced Operational Overhead: Staking requires significantly less specialized hardware and energy compared to Bitcoin mining, potentially leading to lower capital expenditures (CapEx) and operational costs. Network Participation: By staking ETH, Bit Digital actively participates in securing and decentralizing the Ethereum network, contributing to the ecosystem’s health and future development. Bit Digital has been quietly building its Ethereum presence since 2022, stockpiling and staking ETH. As of the end of March, their foresight is evident in their substantial holdings of 24,434.2 ETH, alongside 417.6 BTC. The company’s future plans include converting its existing Bitcoin holdings into Ethereum, further solidifying its commitment to this new path. Scaling Back Bitcoin Operations: A Changing Landscape for Bitcoin Mining The decision by Bit Digital to scale back its Bitcoin operations is not made lightly and reflects a broader industry re-evaluation. The landscape of Bitcoin mining has evolved significantly, presenting increasing challenges that make a pivot strategically sound for companies like Bit Digital. Traditional Bitcoin mining, while foundational to the crypto industry, is characterized by: High Capital Expenditure: The constant need to upgrade to the latest, most powerful Application-Specific Integrated Circuit (ASIC) miners requires significant upfront investment. Intense Energy Consumption: Bitcoin’s Proof-of-Work mechanism is inherently energy-intensive, leading to high electricity costs and environmental scrutiny. Increasing Difficulty: As more miners join the network, the difficulty of mining new blocks increases, making it harder to earn rewards without proportional increases in hash power. Halving Events: Every four years, the reward for mining a Bitcoin block is halved, putting pressure on miners to maintain profitability through efficiency or scale. By divesting from its energy-intensive Bitcoin mining infrastructure, Bit Digital can reallocate resources towards more capital-efficient and potentially more profitable ventures like Ethereum staking . This move highlights a pragmatic approach to navigating the volatile and competitive crypto mining sector. Building a Robust ETH Reserve: A Foundation for Future Growth Beyond just staking, Bit Digital’s ambition to become a significant ETH reserve company speaks volumes about its long-term vision for stability and growth within the decentralized finance (DeFi) space. Holding a substantial reserve of Ethereum serves multiple strategic purposes: Strategic Asset: Ethereum is not just a cryptocurrency; it’s the backbone of a vast ecosystem of decentralized applications (dApps), NFTs, and DeFi protocols. A large ETH reserve positions Bit Digital to potentially participate in or leverage these growing sectors. Liquidity and Flexibility: A healthy ETH reserve provides the company with significant liquidity, allowing it to respond to market opportunities or navigate potential downturns. Confidence in Ethereum’s Future: Amassing a large ETH reserve demonstrates a strong belief in Ethereum’s continued dominance and potential for price appreciation, reflecting a long-term investment strategy. The company’s plan to convert its existing BTC holdings to ETH further emphasizes its conviction in Ethereum as a foundational digital asset for its future operations and balance sheet. This move creates a more streamlined and focused asset base, reducing exposure to the complexities of managing two distinct mining operations. Implications for the Crypto Mining Shift: What Does This Mean for the Industry? Could Bit Digital ‘s bold move herald a wider crypto mining shift ? This strategic pivot by a Nasdaq-listed firm could serve as a significant precedent for other publicly traded mining companies, signaling a potential broader industry trend towards more sustainable and yield-generating crypto activities. The crypto industry is constantly evolving, and companies that adapt quickly to technological advancements, market demands, and environmental concerns are often the ones that thrive. Bit Digital’s shift highlights: Maturation of the Industry: The focus is moving beyond just raw computational power to more sophisticated financial strategies and participation in network governance. Environmental Pressure: As ESG (Environmental, Social, and Governance) factors become more critical for investors, companies are seeking greener alternatives to traditional PoW mining. Diversification of Revenue Streams: Relying solely on mining rewards can be precarious. Staking offers a different, potentially more stable, source of income. While Bitcoin mining will undoubtedly continue to be a vital part of the crypto ecosystem, Bit Digital’s decision underscores a growing recognition of Ethereum’s post-Merge potential and the strategic advantages of staking as a core business model. Actionable Insights for Investors and Enthusiasts Bit Digital’s strategic shift offers several key takeaways: Observe Industry Trends: Keep an eye on other mining companies. Will they follow Bit Digital’s lead in a similar crypto mining shift ? Understand Staking Rewards: For those interested in passive income from crypto, Ethereum staking presents an attractive option. Research reputable staking services or consider solo staking if you have sufficient ETH. Evaluate Company Strategies: When looking at crypto-related stocks, consider companies that are adapting to market changes and exploring diverse revenue streams beyond just mining. Bit Digital’s proactive approach to building an ETH reserve and focusing on staking could be a model for future success. Long-Term Ethereum Outlook: This move reinforces institutional confidence in Ethereum’s long-term viability and its role as a programmable blockchain for the future of finance and decentralized applications. A Bold Leap into Ethereum’s Future Bit Digital ‘s strategic reorientation from primary Bitcoin operations to a dedicated Ethereum staking and ETH reserve company marks a significant moment in the digital asset space. It’s a testament to the dynamic nature of the cryptocurrency industry and the willingness of forward-thinking companies to adapt and innovate. By embracing the efficiencies and opportunities presented by Ethereum’s Proof-of-Stake mechanism, Bit Digital is not just changing its business model; it’s potentially setting a new standard for sustainability and profitability in the evolving world of crypto. This bold leap positions Bit Digital at the forefront of a new era, demonstrating confidence in Ethereum’s pivotal role in the future of decentralized finance and beyond. To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum institutional adoption. This post Bit Digital Unveils Strategic Shift: Embracing Ethereum Staking and ETH Reserve first appeared on BitcoinWorld and is written by Editorial Team
Micron has raised its Q4 financial predictions based on a surge in demand for artificial intelligence hardware, with the expectation that the demand wil persist throughout the year. With increasing AI adoption, Micron, a producer of hardware essential to AI development, is experiencing a surge in demand. Micron raises Q4 predictions Micron Technology Inc., the largest U.S.-based manufacturer of computer memory chips, has raised its fiscal fourth-quarter revenue prediction up to $11B. This change was brought on by the surge in demand for artificial intelligence (AI) hardware. The new figure significantly exceeded Wall Street’s initial expectations and sent Micron shares climbing in after-hours trading. The Idaho-based company announced on Wednesday that it expects its fourth-quarter revenue to range between $10.4B and $11B. These figures are well above the average analyst estimate of $9.89, according to data compiled by Bloomberg . Investors responded positively to the prediction, and Micron shares gained over 6% in extended trading. This year, the company’s stock has surged by 51% so far, outperforming many peers in the semiconductor sector. Earnings per share, excluding certain items, are projected to come in at around $2.50, which is also more than the estimated $2.03. This increase is due to Micron experiencing growing demand for its high-bandwidth memory (HBM) products, which are integral to training and operating large-scale AI models. AI demand boosts Micron’s optimism Micron’s latest earnings guidance shows just how important memory technology has become to AI infrastructure and innovation. Companies like cloud providers or chipmakers that build AI systems are relying on more advanced memory components to support the heavy processing requirements of modern AI workloads. Micron’s high-bandwidth memory is used in data centers and servers that run machine learning and generative AI applications. These applications, such as those powering AI chatbots or image generators, require fast data access and vast storage capacity. Micron previously faced tighter profit margins due to an oversupply in some memory segments and weakened demand for consumer electronics, but the shift toward AI has helped the company bounce back from recent struggles. “The growing complexity of AI models requires more advanced memory solutions, and we’re seeing strong interest in our HBM products,” Micron said in its earnings statement Wednesday. Wall Street analysts have stated that Micron is in a strategic position in the current AI industry and has the ability to monetize the growing demand for specialized memory. Although overall PC and smartphone markets remain relatively stagnant, Micron’s diversification into AI, cloud, and data center customers has helped offset these weaknesses. Analysts expect that trajectory to continue as AI development accelerates globally. Micron’s leadership suggested that the interest in AI adoption will likely persist through 2025. However, the company remains cautious about broader macroeconomic risks, including fluctuations in consumer tech spending and potential supply chain disruptions. KEY Difference Wire helps crypto brands break through and dominate headlines fast
COINOTAG News reports that the Movement project has executed a significant token withdrawal, with the buyback address transferring 83 million MOVE tokens from Binance within a nine-hour window. This action
BitcoinWorld Revolutionary NFT ETF: CBOE Files for Pudgy Penguins Fund Get ready for a seismic shift in the world of digital assets! The Chicago Board Options Exchange (CBOE) has just made a groundbreaking move, filing a 19b-4 application for the first-ever NFT ETF directly linked to the iconic Pudgy Penguins collection and its associated PENGU token. This isn’t just another headline; it’s a monumental step that could redefine how we approach crypto investment and bring the vibrant world of non-fungible tokens into the mainstream financial arena. What Does CBOE’s Bold Move Mean for Cryptocurrency ETFs? For those closely watching the evolution of digital finance, the name CBOE carries significant weight. As one of the largest exchange operators globally, CBOE’s involvement lends immense credibility to any financial product it backs. Their filing of a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) is the crucial first step towards launching an exchange-traded fund (ETF). Essentially, this application is a proposal to change exchange rules to allow the listing and trading of a new product. We’ve seen the impact of Cryptocurrency ETFs with the recent approvals of spot Bitcoin and Ethereum ETFs, which opened the floodgates for institutional and retail investors to gain exposure to digital assets without directly owning the underlying cryptocurrencies. An NFT ETF takes this concept a step further, applying it to a unique, often illiquid, and highly speculative asset class. This move by CBOE signals a growing comfort and demand from traditional finance for diversified exposure to the crypto ecosystem, moving beyond just foundational cryptocurrencies. Think about it: owning a physical NFT can be complex, involving digital wallets, understanding blockchain networks, and navigating marketplaces. An ETF simplifies this immensely, allowing investors to gain exposure through a regulated, familiar vehicle traded on a traditional stock exchange. This could be a game-changer for accessibility. Unpacking the Appeal of Pudgy Penguins and Digital Asset Investment So, why Pudgy Penguins ? Among the myriad of NFT collections, Pudgy Penguins has emerged as a blue-chip project, renowned for its strong community, distinctive artwork, and successful brand expansion. Launched in 2021, these charming, cartoonish penguin avatars quickly gained popularity, evolving into a lifestyle brand with physical toys, merchandise, and a significant presence in Web3 culture. Their success story is a testament to the power of community and intellectual property in the digital realm. The proposed ETF’s link to Pudgy Penguins NFTs and the PENGU token is particularly interesting. While the exact structure of how the ETF will track these assets is yet to be fully detailed, it likely aims to provide diversified exposure to the collection’s value and perhaps the broader ecosystem built around it. This represents a significant leap in Digital asset investment , moving from direct ownership of individual NFTs to a more aggregated, diversified investment product. For many, the idea of investing in NFTs still feels abstract or too risky. An ETF, however, could democratize access, allowing investors to participate in the potential growth of high-value NFT collections without the complexities of direct ownership, custody, or the high entry price of individual rare NFTs. It’s about bridging the gap between niche digital collectibles and mainstream financial portfolios. How Will This NFT ETF Transform Crypto Investment? The potential approval of an NFT ETF could have profound implications for crypto investment . Here are a few key benefits and transformations we might see: Increased Accessibility: Millions of investors who currently shy away from direct crypto or NFT ownership due to perceived complexity or regulatory uncertainty could now gain exposure through their existing brokerage accounts. This dramatically broadens the investor base. Diversification within Digital Assets: An ETF could offer a diversified basket of NFTs, mitigating the risk associated with investing in a single, highly volatile collection. While this specific filing targets Pudgy Penguins, its success could pave the way for ETFs tracking broader NFT indices. Regulatory Clarity and Legitimacy: SEC approval, if granted, would bestow a significant level of legitimacy upon NFTs as an investable asset class. This could encourage more institutional participation and foster greater trust in the digital asset market. Price Discovery and Liquidity: A publicly traded ETF could improve price discovery for the underlying NFTs by creating a new, regulated avenue for valuation and trading. It might also indirectly enhance liquidity for the NFT market by increasing overall demand and interest. Mainstream Adoption: The mere existence of an NFT ETF on a major exchange like CBOE would push NFTs further into the public consciousness, normalizing them as a legitimate component of the financial landscape. This development mirrors the trajectory of Bitcoin ETFs, which, once approved, led to significant capital inflows and increased market maturity. While NFTs present unique challenges, the precedent set by crypto ETFs suggests a similar positive trajectory for institutional adoption and investor confidence. Navigating the Hurdles: Challenges for the First NFT ETF While the prospect of an NFT ETF is exciting, it’s crucial to acknowledge the significant hurdles it faces. The SEC has historically been cautious with novel financial products, especially those tied to highly volatile and less-regulated markets. Here are some of the challenges: Valuation Complexity: Unlike traditional stocks or even cryptocurrencies with relatively straightforward market prices, NFTs are unique and often illiquid. Valuing an entire collection like Pudgy Penguins, let alone individual pieces within it, for daily ETF pricing is a complex task. How will the ETF’s net asset value (NAV) be accurately determined and updated in real-time? Custody and Security: Securing high-value NFTs is paramount. The ETF would need robust, secure custody solutions to protect the underlying digital assets from hacks, theft, or loss. This is a specialized area that traditional custodians are still adapting to. Market Volatility and Liquidity: The NFT market is notoriously volatile and can experience rapid price swings. Furthermore, many NFTs are illiquid, meaning they cannot be easily bought or sold without significantly impacting their price. An ETF needs sufficient liquidity in its underlying assets to manage creations and redemptions effectively. Regulatory Scrutiny: The SEC will meticulously scrutinize the application for investor protection, market manipulation concerns, and the overall structure. The lack of a clear regulatory framework specifically for NFTs adds an extra layer of complexity. Intellectual Property Rights: The ownership and usage rights associated with NFTs are still evolving. An ETF would need clear legal frameworks to ensure it can manage and utilize the underlying IP effectively, especially if the fund aims to generate revenue beyond just price appreciation. These challenges are not insurmountable, but they require innovative solutions and clear communication with regulators. The approval process could be lengthy, and the final product might look different from initial expectations. The Future Landscape of Digital Assets and Beyond If approved, this pioneering NFT ETF could usher in a new era for Digital asset investment . Its success might pave the way for similar funds tracking other blue-chip NFT collections, or even broader NFT market indices. Imagine an ETF that offers exposure to the entire metaverse economy, or funds focused on tokenized real estate, art, or music rights. The possibilities are vast. This move also underscores a broader trend: the convergence of traditional finance and Web3. As blockchain technology matures, we can expect more innovative financial products that bridge these two worlds, making complex digital assets accessible to a wider audience. The future of investment is increasingly digital, and initiatives like CBOE’s NFT ETF are crucial steps in that evolution. It’s not just about investing in JPEGs; it’s about recognizing the underlying technology and the cultural shift that NFTs represent. They are a new form of digital ownership, community building, and brand engagement. An ETF would acknowledge this value proposition within a regulated financial product. Conclusion: A New Horizon for Investors The CBOE’s filing for an NFT ETF tied to Pudgy Penguins is more than just a news item; it’s a landmark event that signifies the maturation of the digital asset space. While the road to approval may be long and fraught with regulatory challenges, this bold step by a major exchange like CBOE signals an undeniable shift towards mainstream acceptance of NFTs as a legitimate investment class. It promises to unlock new avenues for crypto investment , offering unprecedented accessibility and potentially reshaping the landscape of digital asset investment for years to come. Keep a close eye on this development; it could very well be the beginning of a revolutionary chapter in finance. To learn more about the latest digital asset investment trends, explore our article on key developments shaping cryptocurrency ETFs institutional adoption. This post Revolutionary NFT ETF: CBOE Files for Pudgy Penguins Fund first appeared on BitcoinWorld and is written by Editorial Team
BNB is facing downward pressure as on-chain sentiment deteriorates.
Bitcoin Traders Are Turning Toward Higher Upside Plays As Bitcoin shows signs of stabilization after recent gains, traders are increasingly rotating into smaller-cap projects with room to grow. With many believing Bitcoin’s major runs are now less explosive than in past cycles, capital is flowing toward tokens with asymmetrical upside potential. MAGACOIN FINANCE is one of the standout names in this rotation, as large wallets begin accumulating in anticipation of its market debut and growing staking ecosystem. MAGACOIN FINANCE: Quiet Momentum With Clear Structure Unlike many meme-inspired projects, MAGACOIN FINANCE has established a solid foundation that includes: A 170 billion hard token supply cap, limiting dilution A fully audited contract by HashEx No VC control or treasury manipulation Community-first growth and governance What’s especially compelling is the mix of humor-driven branding with institutional-level tokenomics. The project is gaining traction not just on social platforms, but also among traders known for spotting early cycles before the crowd. Additionally, a limited-time promo, PATRIOTS100X , gives new investors added incentive — adding to the urgency already building around this launch. Solana’s Momentum Faces a Saturation Point Solana continues to attract developer activity and remains a powerhouse in NFT and DePIN sectors. However, with its current market cap and recent rallies, many investors believe the room for exponential gains may be narrowing. As a result, traders who once held long positions in SOL are now diversifying into early-phase projects with faster growth velocity — and MAGACOIN FINANCE is emerging as one of the strongest options on their radar. XRP Still Faces Legal Uncertainty While XRP’s pending settlement with the SEC could trigger a breakout, uncertainty remains. Investor confidence is cautiously optimistic, with many watching the June 16 court date closely. Still, the risk of delays or unsatisfactory outcomes has made some traders hesitant to hold too much exposure. MAGACOIN FINANCE, by contrast, offers a clean slate — no legal baggage, no centralized treasury, and no looming institutional complications — making it attractive to those seeking lower-friction upside. SEI Traders Are Joining the Momentum SEI Network has drawn significant attention for its performance-driven architecture, but even some of its early investors are now exploring new frontiers. With MAGACOIN FINANCE offering early staking, capped supply, and rising social volume, SEI holders are beginning to diversify into what they see as one of the next big viral-capable altcoins. This cross-ecosystem movement is further fueling the project’s visibility. Final Thoughts While Solana continues to build and XRP navigates its legal crossroads, investors from Bitcoin and SEI communities are quietly pivoting toward MAGACOIN FINANCE. With smart contract credibility, early staking, and favorable tokenomics, it’s quickly becoming one of the most talked-about early altcoins. If momentum continues, this project could easily become a leader in the next crypto wave. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Why MAGACOIN FINANCE Could Outpace Solana and XRP in the Next Cycle, Say Bitcoin Traders with SEI
In accordance with recent statistics, Dogwifhat (WIF) jumped 24% in the past 24 hours, moving above $0.85 as Bitcoin broke above $107,000. Traders observed a quick turnaround from levels below $0.72. Active wallets handling WIF jumped by 20%, and daily volume hit over $70 million. All those actions brought the Solana meme coin to within range of the $1.00 mark. Related Reading: Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak Network Activity Shoots Up Based on reports, the Dogwifhat network saw a jump in trading volume to over $700 million in the past two days. That level of activity is rare for a token ranked 45th by market cap at about $1.75 billion. It now sits behind Dogecoin and Shiba Inu but outpaces fellow Solana names like FLOKI, PEPE and BONK. A sharp reversal off the $0.70 low got traders’ attention before the current uptick. wif just woke up from hibernation +up 24.1% today mcap: $865M 24h volume: $719M still the dog with the hat still barkin’ louder than the rest pic.twitter.com/RGJzSIJRBO — madmix 👻 (@madmixnum) June 24, 2025 Community Funds Billboards And Merch As per community posts, Dogwifhat holders have contributed funds for attention-grabbing billboards and special merchandise drops. Grassroots campaigns rolled out on social media channels, fueling renewed interest. That momentum helped to maintain volume levels over $70 million a day and continued to keep wallet counts rising. Support at $0.81 held firm when the rally began, giving buyers confidence. Technical Breakout Hints At More Gains Based on chart analysis, WIF broke out of a descending wedge on the 4-hour chart. That pattern formed over the past week before prices cleared the $0.83 level on higher trading volume. The Relative Strength Index sits near 60, below overbought territory, suggesting there’s still room to run. Traders now eye a move to $0.90, the next Fibonacci retracement. A push past $1.00 would be the strongest signal yet. Related Reading: Bunker Buster: Ethereum Titans Stake $100 Million Amid US-Iran Hostilities Bitcoin And Solana Link Remains Strong According to market watchers, WIF’s fate is tied to Bitcoin and the wider Solana ecosystem. Maintaining Bitcoin above $105,000 will be crucial for keeping momentum. Any pullback could force WIF back toward support at $0.77 or even the recent floor at $0.71. At the same time, new exchange listings or partnership news could stoke another leg higher. Risk Management Key For Traders According to trading guides, meme coins such as WIF bear large swings. Smart traders are encouraged to place tight stops and control position sizes. A retreat below $0.80 would be a call to exercise caution. In case support fails, prices can test the lower bands once again. But if the coin holds ground, a run at $1.00 could spark fresh buying. Featured image from Pexels, chart from TradingView
While Dogecoin’s price has witnessed a notable downward trend to levels not seen in months, bullish predictions from analysts are swelling within the crypto community. DOGE’s recent crash may have flattened upward momentum, but the phase could be laying the foundation for something big. Is An Uptrend For Dogecoin On The Horizon? Dogecoin has seen one of the highest declines this cycle, falling from a yearly high of $0.48 to the $0.15 support level. However, all of this could be history as the largest dog-themed meme coin hints at a major rally in the short term. After delving into Dogecoin’s price action, Trader Tardigrade, a seasoned technical expert and investor, revealed that DOGE might be poised for a bullish comeback as a key cross approach. The emergence of this crucial cross shows that the meme coin is slowly building momentum beneath the recent pullback for a sharp rebound . Trader Tardigrade has identified the bullish cross on the Moving Average Convergence Divergence (MACD) indicator on the Dogecoin daily time frame chart. Such a technical development is often seen as a precursor to a shift in trend. This cross is a sign of strength with chart patterns supporting upward momentum following a period of consolidation and pullback . If verified, this technical crossover might serve as a launching pad for DOGE’s subsequent upward run and pave the way for a more extensive rally. “When the Bullish Cross occurs, DOGE will return to an uptrend,” the expert stated. In the weekly time frame, Trader Tardigrade has hinted at a significant rally for DOGE as a massive macro Cup and Handle pattern develops. A cup and handle formation is a technical structure that signals a shift from a bearish to a bullish trend or the continuation of an upward trend. Looking at the weekly chart, the key pattern seems to have been forming since the last bull market cycle in 2021. Despite prior price spikes and pullbacks, Dogecoin has stayed within the macro cup and handle pattern during this period. Since cup and handle patterns are known for their upside capabilities, Trader Tardigrade believes that a sharp rally to unprecedented price levels is unfolding. Once the meme coin breaks out of the key setup, it could propel its price to $2.85 by 2026, marking a new all-time high. A Previous Spike Set To Return Despite bearish pressure, DOGE continues to display a flair for a rebound and a robust rally of 260%, as predicted by Mind Trader, a crypto analyst. While the meme coin displays signs of a bounce, the weekly chart shows it has formed a possible double-bottom support. Mind Trader’s prediction is based on a past move that led to a 260% price increase for DOGE. According to the expert, this notable surge hinges on a break above the week 21 Simple Moving Average (SMA) . Presently, Mind Trader expects a break above the weekly 21 SMA, currently at $0.20, to reignite positive momentum. With the trend potentially leading to past results, Dogecoin could be preparing for another 260% surge in the upcoming weeks.