Potential Dogecoin (DOGE) Price Explosion: MVRV Returns to Critical Levels

Updated

April 28, 2025

Gambar Potential Dogecoin (DOGE) Price Explosion: MVRV Returns to Critical Levels

Jakarta, Pintu News – The altcoin market has been under a lot of pressure due to the uncertainty that has plagued global financial markets in recent months. Dogecoin , the meme coin with the largest market capitalization, has lost more than 55% of its value in the first quarter of 2025. However, there are promising signs of recovery with Dogecoin (DOGE) price rising by almost 15% in the last week.

Continued Bull Run Potential for Dogecoin (DOGE)

According to a recent analysis conducted by crypto analysts using the pseudonym Cryptollica on the X platform, there are indications that Dogecoin (DOGE) may be in for a long period of price increases in the coming weeks. This is based on changes in the MVRV metric, which measures the ratio of market capitalization to realized capitalization.

The MVRV ratio gives an idea of how much value investors hold (market capitalization) compared to the value they invested (realized capitalization). When the value of this metric is more than 1, it indicates that more investors are in profit. Conversely, a value below 1 indicates that most of the market is losing money.

Also Read: Dogecoin’s New Breakthrough: Predicted Price Increase to $0.25!

Significance of MVRV and Market Reaction

A high MVRV ratio is often considered a price peak signal as investors tend to sell their assets when they are in a state of profit. However, when this metric falls below the “1” threshold, it indicates that the market may be bottoming.

At the moment, Dogecoin (DOGE)’s MVRV ratio is around the threshold level of “1”, which has historically been an important turning point in some previous price movements. Every time the MVRV ratio has been at this level, such as in August 2017 and August 2020, the Dogecoin (DOGE) price surged by 1,900% and 2,200% respectively. The last time this ratio was around this level in August 2024, the Dogecoin (DOGE) price rose by more than 400% over $0.5.

Current Dogecoin (DOGE) Price Outlook

After briefly touching the $0.19 mark early on Saturday, April 19, the Dogecoin (DOGE) price seems to have cooled down. Currently, the Dogecoin (DOGE) price is hovering around $0.18, representing a 0.3% decline in the last 24 hours. Despite the small drop, the long-term outlook still shows significant upside potential.

Considering the improving market climate, it is not entirely impossible that Dogecoin (DOGE) will experience a significant and sustained price increase. Investors and market watchers should pay close attention to the movement of the MVRV ratio and other factors that may affect Dogecoin (DOGE) price dynamics in the future.

Conclusion

With a return to critical MVRV levels, Dogecoin (DOGE) shows potential to make another significant price jump. Given its history of remarkable price increases in the past, investors may witness a very profitable period if the current trend continues.

Also Read: Can Dogwifhat (WIF) Reach $1? FOMO is the main trigger!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.