Analyst Forecasts Dogecoin Price Target of $15, But On-chain Metrics Hint DOGE is Dead

Dogecoin (DOGE) price, a major meme-based cryptocurrency, has maintained bullish momentum, hovering above critical support levels. Analysts predict DOGE could surge to $15, fueled by speculative hype around a potential Dogecoin ETF. However, on-chain metrics reveal stagnation, raising questions about DOGE’s sustainability. The conflicting outlook highlights a pivotal moment in the cryptocurrency’s trajectory.