Round? Doge could repeat the 2024 meeting and rise to $ 0.80

Tl; Dr.

• Dogecoin shows a completion base with a converging triangle and $ 0.29 remains the breakout level to view.
• Whales added 680 million doge in August and signal the accumulation despite continuous concerns of an attack of 51%.
• The acquisition of Dogehash from Thumzup Media aims to expand the capacity and to create a leading dogecoin -mining platform.

Current price and technical setup

Dogecoin (DOGE) traded nearly $ 0.21 at the time of the press, with a daily turnover of around $ 3.1 billion. The token fell by 2% in the last 24 hours and by almost 14% weekly. Despite the drawing, there are signs that there is a movement brewing.

Crypto analyst Crypto Zeinab pointed to a completion base that formed next to a converging triangle. Resistance is near $ 0.29, an important level that, if broken, could push to $ 0.49 and possibly $ 0.80 later in the year. A similar arrangement in 2024 saw the price rally from $ 0.18 to $ 0.49.

$ Doge Shows a pattern similar to 2024. It is a completion bottom and if it breaks $ 0.29, it can be collecting from $ 0.18 to $ 0.49 last time as last time.

A converging triangle also forms, which means that there can be an outbreak.

If the pattern repeats, we can reach $ 0.80 in Q4. pic.twitter.com/zhuq8lrygf

– Crypto Zeinab (@CryptoZeinab) August 20, 2025

A separate statue of Galaxy shown Doge is continuing its long-term cycle of accumulation and breakout phases. Since 2014, the MEME Munt repeats a structure of lateral trade, followed by rapid upward movements and then corrections back in new bases.

According to Galaxy, Doge is in the third major accumulation Internship, following the run -up in 2017 and 2021. Price action on the monthly graph shows a steady increase along support, which has traditionally been the early phase before the broader return on the market interest rate.

Security problems and whale activity

Doge came under pressure after the Qubian blockchain community voted To send Hashpower at Dogecoin for a possible attack of 51%. Qubic previously focused on Monero, which increased the worries about similar disruption. The news coincided with weaker derivatives positioning, because the open interest of doge futures fell 4% to $ 3.23 billion according to the data from Coinglass.

Even with these risks, the accumulation continued. Great holders added About 680 million doge in August, which suggests that whales position in the longer term in the longer term, despite the volatility.

Mining expansion by acquisition

In Corporate News, Thumzup Media Corporation, a Nasdaq-Gente company, confirmed Plans to acquire Dogehash, a North -American mining company aimed at Scrypt assets such as Dogecoin and Litecoin.

Dogehash has around 2500 ASIC miners and will probably increase its capacity towards the end of the year. The merged operation is expected to become one of the largest Dogecoin mining networks worldwide, which improves the infrastructure on an industrial scale of the network.