According to Trader Tardigrade, Dogecoin ($DOGE) has surged over 30% in less than three days, significantly outpacing its prior rallies of 24% and 26% over five to six days. This rapid price acceleration suggests that DOGE may be entering a parabolic phase, a pattern often associated with high volatility and increased trading volume. For crypto traders, this momentum indicates heightened short-term trading opportunities and increased liquidity, but also signals the potential for sharp corrections, making risk management essential. These developments are likely to draw further attention to meme coins, impacting related altcoin sectors and overall crypto market sentiment (Source: Trader Tardigrade on Twitter, May 9, 2025).