Will the price of DOGE reach $1 after the recent market rally?
Dogecoin has been very popular recently, and its price has been rising rapidly, approaching the $1 mark. DonAlt, a big name in the cryptocurrency circle, has said that if the overall market continues to be so bullish, Dogecoin may really reach the $1 threshold. Now, investors have begun to discuss the future price of Dogecoin again.
Look, the rise of Dogecoin is more fierce than those big-name altcoins, and the price has soared to $0.13 in an instant. This is obviously the rhythm of rushing to $1!
Let’s talk about Elon Musk, the die-hard fan of Dogecoin. His influence on the price of Dogecoin is not covered. Recently, when he mentioned Dogecoin at Trump’s rally, there was thunderous applause from the audience. He also criticized the current government for spending money recklessly, thinking that it was a waste of taxpayers’ money.
Moreover, Musk is becoming more and more active in politics. He recently donated $75 million to the American Political Action Committee that supports Trump. This is simply amazing!
With so many bullish voices and support, analysts are becoming more and more bold and are beginning to predict that Dogecoin will rise even more in the future. CoinGape, an analysis agency, said that based on historical prices, Dogecoin may rise to $1 by May 2025!
The current price of Dogecoin is $0.1386, which has risen by 24.80% in just one week, and the market value has also risen by 13%, reaching $20 billion. The trading volume is even more incredible, soaring 84% in 24 hours to $2.5 billion.
The test of the bull market is not only the rise and fall of the market, but also a test of our mentality. In the face of changes in our accounts, we must remain rational. Next, I will announce the next coin with ten-fold potential! It is better to grasp it than to guess! Like + leave a message, free sharing.
