On April 20, Dogecoin holders celebrated DogeDay, an event that first gained popularity in 2021. Following these celebrations, analysts are speculating about a possible 500% price surge based on historical patterns. Observing trends from the past, there is hope among Dogecoin enthusiasts that this meme-based currency could experience significant price action. The anticipation surrounding DogeDay contributes to growing excitement for potential future gains. Investors and traders are urged to stay attentive to any developments in the Dogecoin market as the aftermath of this annual event unfolds.