Amid a positive period for most assets in the cryptocurrency market, Dogecoin (DOGE), known for its doge meme, is experiencing gains across all of its charts. There is a significant surge in interest from major investors, indicating potential price growth.

Recent data reveals that Dogecoin whales have purchased 1.4 billion DOGE, valued at approximately $280 million, over the past two weeks. These significant acquisitions have primarily been within the 10 million to 100 million DOGE range. The total amount of DOGE held by whales has increased from 15.33 billion to 16.73 billion DOGE within a short period.

The price of Dogecoin has risen by 5.14% on the daily chart, 32.20% in the past seven days, and an impressive 114.88% in the last month, currently trading at $0.21411. These price surges are occurring alongside increased whale activity and Tesla CEO Elon Musk's announcement about accepting DOGE payments.

Experts forecast a positive outlook for Dogecoin, with some predicting a price target of $1 by mid-April and AI algorithms indicating a price range of $0.41 to $0.51 for 2025.

While the current situation looks favorable for Dogecoin, it is essential to remember that predicting its future performance is challenging due to the volatility of the cryptocurrency market. Therefore, staying informed, conducting research, and monitoring developments are crucial for potential investors.