Analysts are optimistic about Dogecoin’s future, with potential price targets between 2.20 USD and 4.00 USD. Current price levels are believed to offer buying opportunities, with major investors showing confidence through accumulation.

The recent establishment of the Department of Government Efficiency (D.O.G.E.) led by Elon Musk may contribute to DOGE’s visibility. This association, alongside active accumulation by whales, indicates a strong sentiment among investors.