#BtcNewHolder Meme Coins Mania: Dogecoin
King of meme coins, Dogecoin is expected to enjoy another crazy run. Based on present levels, Davis sees possible price objectives ranging from $1.20 to $2.50 and perhaps $3. He does, however, warn that the flow of rival meme coins washing the market may dilute the performance of
Eyeing $10 Trillion, Total Crypto Market Cap
Davis also looks into the larger crypto market. At the cycle’s high, he notes the overall market cap may reach $4 trillion, $6.7 trillion, and possibly $10 trillion. Reaching these levels would fit his forecasts for Ethereum, Bitcoin, and other major cryptocurrencies.He does, however, stress the need for timing since these “Pico Peak” rates might only be valid for a few days before a dramatic reversal starts.
The crypto market’s cyclical nature provides potential for big rewards, but it also requires attention. Davis wisely suggests, “Take the money and run” when the market offers advantageous exits.