Dogecoin (DOGE) is poised for potential growth towards the $1 mark, driven by a bullish ascending wedge pattern and increased whale activity. The cryptocurrency's total value locked (TVL) in DeFi has risen to $16.98 million, indicating growing investor interest. Analysts highlight that maintaining support above $0.20 could lead to a breakout into the $1–$1.20 range, based on historical trends and on-chain data from DeFiLlama.