DODO has risen by 55%+ from the bottom trend line. How much room does it have in the future? Is it worth investing in the bull market?
Price forecast for 2024/2025:
① The total issuance is 1 billion, and 726 million are currently in circulation, with a circulating market value of 100 million US dollars!
② It has been 4 years since its birth and just celebrated its 4th birthday. It has made frequent moves recently and has made great achievements in this bull market! Especially targeting the popularity of the MEME coin circle, it directly provides a one-click 16 public chain coin issuance function without a threshold, giving coin circle players a new option!
③ According to the development of the DODO official roadmap, predict the price of the bull market at the end of this year and next year:
Price forecast for 2024, currently 0.18-0.19 is an upper resistance level. If it breaks through, it can open up 0.22-0.25 space. If it breaks through, it will open up a large target area of 0.6/0.95, which is 6 times the current price of 0.15!
In the case of the mad bull market in 2025, if the price can smoothly reach the 0.6-0.95 area, it will open up the space demand of 1.05/1.5/1.9/2+!
At this moment, the market value will be magnified 10 times to reach the 1 billion US dollar club, which requires the support of several crazy meme-like tokens. It is still difficult to reach the 1 billion+ club just by relying on functions without the support of traffic out of the circle! This is also the uncertainty of the subsequent market!
Summary: The first wave of the mad bull market on 24/25 is expected to usher in a market value of 300-500 million, and the corresponding price in the initial stage is 0.45-0.7; the market value reaches the ultimate point of 8-10, and the corresponding price is 1.1-1.4+
The long-term opportunity area can be placed in the 0.08-0.11 area
