Wedson has also shared insights on whether DOGE has reached its top for this current cycle. In December 2024, Wedson highlighted that DOGE reached its all-time high for the current cycle exactly at the Cumulative Value Days Destroyed (CVDD) Alpha, a key metric for determining cycle bottoms and tops.
However, data from the Reserve Risk Indicator implies that DOGE’s top in 2024 was fragile and lacked robust on-chain interest. Wedson considers the reading from this key metric as it has accurately predicted every Dogecoin’s top in the past 9 years.
