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Dogecoin Price Prediction: Will it Drop 30% Before a 1,000% Rally? An Analyst Shares Insights

Experts are debating Dogecoin's future. Analyst Capt Toblerone predicted a 30% drop in Dogecoin's price, with a key level at $0.108. From there, he expects a massive 1,300% increase, potentially reaching $1.2.

Other analysts, like Kevin (formerly OG Yomi), think Dogecoin might hit $1 this cycle, citing past performance. However, Pav Hundal from Swyftx warns that early investors might sell when prices rise, which could stop Dogecoin from reaching $1.

Rekt Capital disagrees, saying Dogecoin often follows a cycle and could surge again. Another analyst, CrediBULL Crypto, expects Dogecoin to drop below $0.10 before rising to $0.18, and then fall back to $0.10. He also predicts declines for other meme coins like Pepe and Dogwifhat after their recent gains.

Currently, Dogecoin is priced at $0.16, up 4% in the last 24 hours, according to CoinMarketCap.

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