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Crypto Decoded
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Dogecoin to $10? The Bold Call Hitting The Limelight In my capacity as a crypto market analyst, I have come across some astonishing predictions so this is not my first encounter, but there is currently some buzz in the market pertaining to Dogecoin (DOGE) that has genuinely taken aback me. There are experts alluding to the fact that $DOGE would not only revisit its price point of $0.7399, but it could this year, skyrocket to $3. This in its own right is quite a big sentiment. And yet the highlight prediction that seems to be gaining prominence the most – the prediction which states that Dogecoin could reach $10. In order to hit the $10 mark, there would need to be an extradionary growth of 2,500x meaning that now the new valuation of Dogecoin would reach $1.46 trillion market cap. With that being said, whilst it may seem to be a great figure, it is not out of context under the circumstance that the current bullish market dynamics remain in place. The key word here is ''if''. As we know, the crypto sector is quite volatile in nature and given that the bullish trend currently dampens the sentiment, looking into the future, it is imperative to keep in mind that in no way are these guarantees. This possible price increase depends on continuing market positive sentiment and long-term demand for meme coins. Although a doge worth 10 dollars seems far-fetched, its definitely worth paying attention to current market changes. #AltcoinBoom #Write2Earn
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