Can Dogecoin break 1 dollar? Let's see how it goes under the leadership of Trump and Musk
Analysts say Dogecoin (DOGE) is set to rise, but can it reach 1 dollar under the leadership of Trump and Musk?
Dogecoin has become popular since Trump and Musk teamed up. Trump wants to integrate cryptocurrency into the U.S. economy, and this news has excited the crypto community.
Can Dogecoin rise to 1 dollar?
There is a crypto analyst named Ali, who says DOGE is going to rise. Bitcoin has soared to 92,000 dollars, can Dogecoin follow suit? Musk likes Dogecoin and is the head of Tesla; once he leads, the price of Dogecoin shoots up.
Musk also posted a photo on X titled "Dog Father," and the market reacted immediately, with Dogecoin rising by 6%, reaching 0.38 dollars.
Analysts are saying Dogecoin is set to rise; as long as it surpasses the hurdle of 0.37 dollars, Dogecoin could skyrocket to 0.82 dollars, marking a 120% increase!
With Trump and Musk, Dogecoin's price is bound to rise. As long as they keep rolling out new cryptocurrency policies, Dogecoin might just hit 1 dollar. Experts predict that by February 2025, Dogecoin could potentially break the 1 dollar barrier.
Now, let's talk about the price in December.
CoinCodex suggests that Dogecoin's price might dip a bit initially, but by mid-December 2024, it should stabilize around 0.37 dollars.
According to current predictions, Dogecoin's price could drop by 7.2%, reaching around 0.357598 dollars by December 20. However, market sentiment is quite optimistic right now, with the fear and greed index at 83 (extreme greed). Over the past 30 days, Dogecoin has risen for 20 days, with significant price volatility of 43.19%. For those looking to buy Dogecoin, now is a great time!
If you always miss the timing, feel lost about how to operate, and want to keep up with learning, you need to meet one condition: you must have strong initiative; act decisively, like and comment, and I'll help you make big money!
