DOGE holders accumulate after price drop: Is $1.60 achievable by 2026?

DOGE experienced a sharp decline of 66%, falling from $0.25 to $0.08. However, it recovered to around $0.20, with $365 million in long positions lost due to liquidations.

Analysts believe DOGE’s potential for growth remains, with the possibility of reaching $1.60 by early 2026. Current market conditions indicate accumulation phases, suggesting a bullish sentiment for DOGE’s outlook.