Emphasis
Can DOGE price reach $30?
Most price targets for Dogecoin in 2025 are based on its historical performances. Similarly, Dima James Potts, an independent crypto trader, has set an extremely high target for DOGE, above $10.
James Potts illustrated a recurring pattern for Dogecoin, where the cycle peak occurred after approximately 1,446 days.
Each cycle has surpassed the previous high, as mentioned above. Thus, Potts also expects a similar result in 2025. The trader stated:
“The top could occur around January 19, 2025. I believe this cycle will bring some of Dogecoin's biggest gains yet, as the percentage gains from each previous cycle have increased.”
The chart above has pinpointed $36 as the price target for Dogecoin, representing an 80x increase from current prices. In terms of market cap, this would roughly be around $5.3 trillion. For context, the total cryptocurrency market is valued at $3.5 trillion. Therefore, it is probably safe to assume that a price target above $30 for Dogecoin by January 19, 2025 is unlikely.