According to AltcoinGordon on Twitter, traders are actively seeking the next trending meme coin for short-term gains, reflecting high momentum in the meme coin sector. This ongoing interest signals increased volatility and volume in tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and emerging meme coins, which can present ripe opportunities for day traders and scalpers as liquidity and social sentiment remain elevated (Source: @AltcoinGordon, May 9, 2025). Monitoring social media trends and order book activity is crucial for identifying meme coins with breakout potential, as seen in recent rapid pumps driven by community engagement.

According to Trader Tardigrade, Dogecoin has formed a well-structured Bull Pennant pattern on the charts, suggesting a potential short-term price target of 22 cents. This bullish technical formation is often associated with strong upward momentum, which could attract short-term traders seeking breakout opportunities in the $DOGE market. The clear pennant structure and specific target provide actionable insights for active crypto traders looking to capitalize on trending altcoins. Source: Trader Tardigrade via Twitter (April 28, 2025).

According to Trader Tardigrade, Dogecoin's H4 candle has closed, confirming a breakout from a triangle pattern. This technical development suggests a possible upward price movement for $Doge. Traders should monitor the market closely for potential buying opportunities as the breakout may signal increased bullish momentum.