When Analyst Says Dogecoin Price Will Rise 2,500% To $2.55
Dogecoin has become one of the most sought-after cryptocurrencies after its 2021 price spike, with many predicting a repeat. Since then, Dogecoin has failed to rise, disappointing investors. A crypto specialist anticipates the meme coin's price to rise significantly after this period of bad performance.
Dogecoin Price To Reach Record High
Despite recovering from the market crisis, Dogecoin is still considerably behind its all-time high of $0.07376 in May 2021. Some think this is a terrible indication, while others think it implies the meme currency is ready to purchase.
One crypto researcher who remains enthusiastic on Dogecoin is Alan Santana. Santana recently predicted that Dogecoin, the biggest meme currency by market valuation, would reach a new high.
The crypto expert predicted a $2.55 Dogecoin price. The Dogecoin price will rise over 2,500% if this price threshold is reached.
The timeline may be more intriguing than the price. Santana predicts the DOGE price will reach this level by 2025. It would also rise 200% from its record high.
Best time to buy DOGE?
The crypto analyst also stressed holding. Also mentioned are not being greedy, not being rushed, and not selling the top. The crypto expert recommends buying now and selling only in 2025.
Today, Santana doesn't care where to purchase Dogecoin. Whatever time the coins were acquired, a $1 price would represent profits. “Buying red when prices are low is important,” the expert stated. Entering the market when things are dull and people are gone is crucial. The greatest time to purchase. Emotion and hype indicate that it is too late.”
The crypto expert concludes that the market moves in waves and doesn't fluctuate indefinitely. Dogecoin, Santana said, “It has been going down, soon it will start to go up.”
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