Dogecoin (DOGE) is about to explode! Could it be another frenzy that earns 30,000 times?
This increase might be even more intense than the one in 2021, when DOGE skyrocketed over 30,000 times! The price trend of Dogecoin is like it creates new highs every time it takes a breath. In 2021, it rose all the way up like that.
Now, looking at this price, it resembles that time a bit, so it might start to soar again. If history repeats itself, the returns this time could be even better than in 2021. Dogecoin fans and traders, the opportunity is here!
Remember, on May 8, 2021, Dogecoin surged to a historical peak of $0.7376 in the bull market. Now, the price is $0.4075, which has increased by 1% in the last 24 hours. Since this month, Dogecoin has been rising consistently, and it has increased by 320% over the year.
Retail investors have been buying Dogecoin while also selling over the past month. From November 6 to now, the amount of Dogecoin in retail investors' hands has risen from 1.92 billion coins to 1.96 billion coins on December 14, an increase of 40 million coins in five weeks. But what about those big whales? They seem to be cashing out quietly. On November 6, they held 9.31 billion coins, but by December 14, it had dropped to 9.02 billion coins, a decrease of 290 million coins.
If the market is strong, Dogecoin could break through $0.5 and even aim for $0.6. Looking more optimistically, it might even challenge the historical peak of $0.73 or even touch the $1 mark! Of course, if the market is not good, the price might also drop below $0.4.
The potential for Dogecoin to rise over 30,000 times has traders extremely excited. Based on historical trends and the current atmosphere, the possibility of a big surge is not small. Dogecoin fans, don't miss this opportunity this time!
As for the next strategic direction, I will lead everyone to aim for the lucrative opportunities in altcoins, especially those with great potential. An expected growth space of more than 10 times is not a problem. If you want to make big money in the bull market, like and comment, and I will take you through the entire bull market!
