Is Dogecoin Poised for a Bullish Surge

Moreover, an optimistic prediction from analyst TradingShot brings attention to the fact that Dogecoin has successfully concluded a phase of accumulating, which is an essential preliminary stage for potential surges in price. It seems that this particular phase has been backed by miners, who have procured around $25 million worth of DOGE over the past two months. Adding to this, the renowned entrepreneur Elon Musk has declared DOGE as the official mascot for his freshly established Department of Government Efficiency.