Whales are in a frenzy over $1 Dogecoin target, so we analyze what’s driving the $DOGE rally and how TOKEN6900 may follow.
A Dogecoin whale frenzy is in progress, with investors accumulating over 1.08 billion $DOGE over the past 48 hours.
$DOGE’s price jumped to $0.24 immediately after, but it didn’t drop back, despite the whales selling around the same amount shortly after the purchase.
Moreover, the token is currently up in the charts, at $0.2520, with only a small 0.07% 24-hour contraction.
This brings the question: is $DOGE in the beginning phase of a sustained bull run?
Data Suggests $DOGE Eyes $1 Target This Cycle
Analyst Crypto Yoddha was among the first to open the FOMO door by tweeting ‘$DOGE is not far away from $1.’
The hype post is supported by the chart pattern that indicates the formation of a bull market. The most notable hint is the latest bounce in the middle of the channel, above the $0.15 point, setting the stage for additional gains.
The channel’s upper limit indicates sustained growth and a potential target of $0.80. So long as $DOGE remains above the midline, it will retain its bullish tag.
A similar pattern display occurred during the 2021 cycle, when $DOGE reached its ATH of $0.70 and present indicators suggest a similar push.
Crypto analyst Ali supports this idea by suggesting that, once the $0.20 resistance is broken, $DOGE may push to $0.36 next.
Trader Tardigrade has been warning about a potential breakthrough since July 8, based on the Ascending Broadening Wedge Pattern, which suggests a resistance break soon. This happened at $0.20.
But what would a $1 Dogecoin mean for the crypto market? The likeliest outcome is a meme coin rally, supported by increased investor trust and FOMO-driven buys.
In this bullish context, 0-utility, meme-centric tokens could be the top gainers, with names like TOKEN6900 taking the spotlight.
How SPX6900’s Successor Will Dominate the Meme Market in 2025
TOKEN6900 builds on SPX6900’s meme-induced fever dream by creating a cesspool of brain-rotted residual memes.
Just like its predecessor, TOKEN6900 has no utility, no fundamentals, and no hopes at offering real-world value, aside from the tokenized memes that cater to basement dwelling traders and terminally-online investors.
The project’s whitepaper explains TOKEN6900 better than anyone could ever hope to, while explaining nothing at all at the same time:
In 2025 the crypto zeitgeist crowned SPX6900 king of the “number go up for no reason” genre. We responded with TOKEN6900 – a conscious parody designed to out‑meme, out‑degenerate, and
potentially out‑pump its predecessor.
This whitepaper explains absolutely everything and, simultaneously, nothing at all.
—TOKEN6900 Whitepaper
TOKEN6900 has entered its presale phase recently, but has already accumulated over $830K with a token price of $0.006625.
The project aims for an end-presale token price of $0.007125 with a $5M hard cap. So, the token is guaranteed to grow for the duration of the presale, but what about post-launch.
While it’s almost impossible to predict a meme coin’s chart performance long-term, things may be different with TOKEN6900 thanks to its association with SPX6900.
The latter currently trades at $1.80 after jumping 68 million% over the course of two years. This wealth-building bull run is enough to tingle our FOMO senses, given that SPX6900 showcases the exact brain rot that’s infecting TOKEN6900.
While we can’t tell if TOKEN6900 will experience a chart growth of a similar magnitude, we’re reasonably confident that it will likely surge heavily post-launch.
Are Meme Coins on the Brink of a Bull Push?
As the crowned King of the meme coin market, Dogecoin could definitely trigger a widespread meme surge if it manages to break $1.
Chances are low, though, given that this would imply a 300% growth, based on today’s price, but nothing’s impossible in the crypto sphere. Just like, however unlikely, it’s not impossible for TOKEN6900 ($T6900) to see a 68 million% surge.
This isn’t financial advice. Do your own research (DYOR) and invest wisely.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.