Dogecoin DOGE

"A squirrel and a meme coin saved America" ​​comes from the mouth of the world's richest man Musk. The squirrel refers to PNUT, which has recently become popular in the crypto market, and the meme coin refers to DOGE.

DOGE is one of the meme coin giants that has been rising recently. In the past week alone, the price of DOGE has risen by more than 100%, and it has risen by 250% in the past 30 days. In contrast, Bitcoin has only soared by 40% during this period. At present, DOGE is trading at around $0.3787.

Although DOGE's explosive rise has cooled down in the past two days, we can still believe that the best is yet to come. DOGE's recent price surge to $0.4359 is only 130% below $1. There is a high probability that DOGE will finally break through the much-anticipated $1 price point within 6 months.

Of course, the DOGE rally will not "only rise", and there will also be periodic declines. For example, in 2017, Dogecoin soared 9470%, but experienced two major adjustments-one was 40% and the other was 84%. Similarly, in 2021, DOGE surged 30,700% and retreated 46% and 53% respectively.

So everyone should know that any future rise will be accompanied by a sharp fall.