Bitcoin continues to stabilize at the $95,000 price level after surging from the lows of $90,000 after falling after setting its latest ATH at $99,655.50. Currently, still in the correction phase, the crypto market is gradually witnessing strong pump indicators from popular altcoins in the crypto market.
Altcoins Gain as Bitcoin Continues Recovery
Currently, the crypto market has returned to 'Extreme Greed' sentiment with a score of 75 based on the Crypto Fear & Greed Index. Since Bitcoin's latest ATH, when its price skyrocketed from $73,000 to nearly $100,000, altcoins have rallied by nearly 200% or more in some cases, and many are still showing strong signs of a continued bull run.
One such altcoin that is showing strong pump indicators and bullish signals is the pioneer memecoin asset Dogecoin (DOGE). To highlight, the DOGE price has increased by 146% in the past 30 days and is currently at $0.40 with a total market cap of $59,399,793,714.23 and a 24-hour trading volume of $7,124,204,746.83.
DOGE Price Set to Surge to $15 – $20
Despite Dogecoin’s price surge so far, analysts are confident that the altcoin will continue to rise as the crypto bull cycle enters 2025. In fact, Q1 2025 is expected to welcome the altcoin season as several altcoins are set to hit multiple ATHs. As we can see from the post above, this analyst expects the price of DOGE to reach $20.
Using the same chart, another analyst agrees that the ongoing wave pattern for DOGE will lead to significant gains on a macro scale. Between these two predictions, DOGE price looks set to hit a new cycle high at the peak of the ongoing bull run to establish an ATH between $15 and $20.
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