Dogecoin is experiencing a notable surge, showcasing significant breakout potential when compared to Bitcoin. This rise in activity highlights a dramatic 2400% rally. On-chain activity has been a key driver of Dogecoin's enhanced performance, suggesting that it may rival Bitcoin in the cryptocurrency landscape.
With Dogecoin's growing traction and increased interest among investors, the question arises whether it can maintain this growth against a well-established giant like Bitcoin. The upcoming months could be crucial in determining Dogecoin's standing in the market.
