How much more potential does Dogecoin (Doge) have?
In the days around the election, DOGE's price rose from 0.15 to 0.3, doubling. How much further can it rise? A simple analysis shows that Doge's potential goes far beyond this.
1. Musk's Support Effect
Musk has long maintained a high level of attention towards DOGE, frequently mentioning and interacting with it on social media platforms. For meme coins, this continuous exposure acts as a "rocket booster," significantly increasing its market recognition. At the same time, Musk's influence has brought DOGE to the attention of a broader public.
2. Continuous Future Exposure
In the coming time, the market expects Musk to continue mentioning DOGE, further boosting its visibility. Especially with Trump not having fully transitioned yet, Musk's "support" is expected to keep increasing, providing long-term positive support for DOGE.
3. Potential for High Growth
Some analyses suggest that DOGE's market space has not yet reached its limit. Given the current momentum, the possibility of its market value doubling or even more in the future cannot be ignored. With Musk fully supporting Trump, DOGE, as a symbolic crypto asset, has the potential to become a "winning coin," making it worthy of attention.
4. The Biggest Hype
Particularly, once Musk establishes the Department of Government Efficiency after entering the White House, Doge will welcome even more glorious moments.
