Dogecoin to Hit $4 💵 As Elon Musk Says “D.O.G.E. Has Real Potential"

Elon Musk’s statement Saturday caused a stir across the broader crypto market. Dogecoin saw a spike in bullish sentiment spike as Musk said, “Starting to feel like The DOGE has real potential” on Department of Government Efficiency (D.O.G.E). However, $DOGE price continues to move sideways after it rallied more than 200% in a month.

The Dogecoin lawsuit against Elon Musk was recently withdrawn by investors, adding to market optimism on the meme token. For context, the lawsuit alleged that the Tesla and SpaceX lead manipulated the meme coin’s price for personal gains. Nevertheless, with the odds tilting in favor of the billionaire, recent developments weigh considerable optimism on the meme token’s price movements.

DOGE Price Jumps

DOGE price witnessed gains worth 2% in the past 24 hours and is now trading at $0.3788. The coin’s 24-hour low and high were $0.3545 and $0.3899, respectively.

Intriguingly, the coin’s rising movement amid Musk’s statements has sparked substantial investor curiosity. Moreover, weekly gains for the token totaled 80%, underscoring a bull run.

Moreover, popular crypto market expert Ali Martinez predicted Dogecoin price can hit $4. The bold forecast came on historical trends and bullish momentum in the crypto market triggered by Donald Trump and Musk.

Also, the imminent launch of ‘DogeOS’ brings additional investor optimism toward the meme crypto’s future movements.

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