Pseudonymous crypto trader Kaleo forecasts an exciting 2025 for meme cryptocurrency Dogecoin.
However, Dogecoin's price action may be unexciting in the coming months, according to the chartist.
Currently trading at $0.09966, Dogecoin has fallen by 5.2% and a significant 86.5% in the past 24 hours (CoinGecko data).
Another pseudonymous crypto trader, Ali, has identified $0.11 as a crucial resistance level for Dogecoin. Overcoming this level is essential for a substantial breakout.
IntoTheBlock analytics reveal that 23,400 addresses hold approximately $31 billion worth of DOGE at the $0.11 level, highlighting the significance of this resistance point.
Meanwhile, the Dogecoin-related token, First Neiro On Ethereum (NEIRO), has experienced a substantial price increase after being listed on Binance.
NEIRO is associated with Kabosu, the iconic Doge meme dog. Upon Kabosu's passing, her owner adopted Neiro, inspiring a surge of rivaling tokens on various blockchains. However, the owner has distanced herself from any NEIRO-related tokens.