$DOGE : Can a 30,000% crazy surge happen again?
Do you remember the madness of Dogecoin in 2021? Back then, it skyrocketed, increasing by 30,000%, instantly doubling many people's pocket money! Now, everyone is guessing if this cryptocurrency named after a dog is about to start its crazy journey again.
Look at this price trend
Dogecoin is currently selling at $0.4075. Although it only rose by 1% yesterday, this steady upward momentum seems to be preparing for a bigger explosion. Over the past year, it has risen by 320%, truly impressive!
Is everyone buying?
Retail investors have been quietly increasing their holdings, having bought 40 million Dogecoins from November until now. However, those big investors, known as “whales,” have sold 290 million coins. Who is playing smarter? Well, only time will tell us. But in the world of cryptocurrency, there are plenty of stories of small investors making a comeback.
What will happen to Dogecoin next?
$0.5: This is the first hurdle of a bull market. $0.6: If the momentum is stronger, this milestone is definitely within reach. $0.73: This is Dogecoin's historical highest point, now back in everyone's sight. $1: This is a big dream; reaching this point would truly be legendary.
However, the market isn't always so optimistic. If a bear market comes, Dogecoin may drop below $0.4. But don't forget, Dogecoin is a master at bouncing back; never underestimate it!
Will history repeat itself?
To be honest, no one can predict when the next 30,000% surge will come. But one thing is certain: Dogecoin always arouses people’s curiosity and “fear of missing out.” Whether you are a long-term holder or a beginner, if you miss this opportunity, you might always be thinking, “If only I had bought it back then!”
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