#PNUT走高
Dogecoin is expected to soar to $2.4, a 566% increase: When will it happen?
Hey, friends, Dogecoin (DOGE) has been on fire recently! Since November 2023, this popular currency has been like a winged one, with a weekly chart increase of 76.4%, a 14-day chart soaring 107.9%, and a monthly chart that soared 223.1%, with an overall increase of 374.4%. However, even with such a strong performance, Dogecoin has slightly corrected by 7.8% in the past 24 hours.
Speaking of which, how is VeChain (VET) doing recently? Is it also preparing for a bull market? Let's talk about it another day.
So why is Dogecoin so popular?
It is said that it has something to do with Donald Trump's election as the US president. As soon as Trump took office, the whole market was excited, and Bitcoin (BTC) hit a record high. As BTC rises, other assets will also benefit, and Dogecoin is no exception.
There is also a rumor that Trump is quite supportive of Elon Musk. Musk also wants to set up a Department of Government Efficiency (D.O.G.E.) under Trump. Do you think this will not drive the rise of Dogecoin?
Speaking of this, a cryptocurrency master Ali Martinez predicts that Dogecoin can rise to $2.4 or even $18! If it really rises to $2.4, it will be more than 5 times the current price. However, although this prediction sounds exciting, it is hard to say whether it will come true.
There is also a platform called "Change" that says that Dogecoin will have to wait until May 2032 to reach the threshold of $2.4, which is another eight years. As for the $18 mark, it will have to wait until February 2040, which is 16 years!
Having said that, Dogecoin is expected to maintain this momentum during Trump's presidency.
Musk is close to the White House, and investors may also increase their bets on Dogecoin. Maybe one day, Dogecoin will really soar and break through the $1 mark! Let's wait and see!
Recently, I am planning to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you want to keep up, pay attention and share for free.
