Whoever buys it will get rich! DOGE is likely to usher in explosive growth in 2025.
2024 started well, mainly driven by Bitcoin (BTC), and the price rose sharply. DOGE is the undisputed leader in meme coins and also benefits from these market trends.
Cryptocurrency analyst Dima James Potts said that DOGE will remain relatively stable for the rest of 2024, but he predicts that Dogecoin may experience another amazing rise in 2025.
It can be seen from the K-line chart that the main intersection between the green line and the red line in the DOGE K-line chart for many years occurred in early September. This pattern (highlighted by the white arrow in the image) had happened before and led to a sharp rise in prices at that time.
Dogecoin fluctuates periodically. It can be clearly seen from the figure that the consolidation period is getting longer and longer, and the subsequent price increase is also getting stronger and stronger. Potts predicts that the current cycle is the third cycle in the series, which will be the longest and strongest cycle as shown by the upward trend line.
THE SUCCESS OF DOGE WILL DEPEND IN PART ON THE PERFORMANCE OF BITCOIN, WHICH HAS TRADITIONALLY LED THE MARKET. As proved earlier this year, the new Bitcoin bull market may follow in the footsteps of Dogecoin.
Historical data shows that Bitcoin may be about to usher in a new rising stage.