Is it too late to invest in the Dogecoin cryptocurrency?
Despite the price rollbacks of Bitcoin, since the beginning of 2024, the cryptocurrency market has not left the inspiration. During the bullish rally, not only did the price of long-existing digital assets recover, but many new meme coins were released onto the market, the price of which skyrocketed la upx. In the latter case, a clear example is the Dogwifhat (WIF) meme token, and long-standing Pepecoin (PEPE), Floki Inu (FLOKI) and Bonk (BONK) are now very close to their peak values. The price dynamics of Dogecoin differ from the newly minted meme coins, since, despite reaching a two-year maximum of $0.18, DOGE is valued significantly lower than toric maximum. However, DOGE has several positive indicators that confirm the opinion of cryptocurrency expert Alim Martinez, who predicts the coin will grow to $$ in mid-April 1.
And although this forecast cannot be called current, since it was made in mid-March, it has recently been supported by other experts. In particular, on April 1, an analyst under the pseudonym Mikubull Cruto wrote that Dogecoin is quite capable of rising to the specified level.
Indeed, in 2024, the rise of the meme coin was very convincing, especially at the end of February. Since the beginning of the year, Dogecoin has grown by 104.45%, and the plus over the last 30 days has amounted to 12.23%.