Dogecoin, the king of meme coins, is again making waves in the crypto space Despite having yet to reach its all-time high of $0.7316 again for over three years, recent activity and various Dogecoin price predictions suggests this might not be the case for long for the Dogecoin price.
Growing market momentum, social media engagement on X, and expectations for another Elon Musk endorsement have all led to bullish Dogecoin price predictions, with a new all-time high above $0.7 now in the conversation.
Dogecoin Price Prediction: Can DOGE Reach $0.7?
Dogecoinâs latest performance has sparked renewed optimism and various Dogecoin price predictions. After a long period of stagnation for weeks, the Dogecoin price has seen a 10% increase in the past 24 hours, outperforming every other top 100 cryptocurrency by market cap.
Amidst this price surge, key fundamentals have risen that say the Dogecoin price is ready to move towards a new all-time high above $0.7, which translate a 525% increase from current Dogecoin price.
One of the primary fundamentals of this Dogecoin price prediction is the increasing on-chain activity on the Dogecoin blockchain. Furthermore, recent chatter surrounding the Dogecoin price on social media platform X has added to the momentum. Some analysts have even teased that Tesla is about to buy DOGE after moving Bitcoins worth $225 million to unknown wallets.
