Dogecoin (DOGE) has experienced a notable resurgence, gaining 14.5% over the past week as part of a broader rally in the meme coin market. The cryptocurrency's price surged past $0.19, driven by renewed investor interest in risk-on assets. In just four days, the meme market's total capitalization increased by $11 billion, reaching $59 billion. Wealthy investors have played a significant role in this recovery, acquiring over 200 million DOGE tokens valued at approximately $38.7 million. This buying spree follows a period when DOGE hit a yearly low of $0.146. Analysts are optimistic about the potential for further gains, with some predicting that Dogecoin could reach new highs in 2025.