Analysts are maintaining ambitious price targets for Dogecoin (DOGE), with predictions that the meme coin could reach $20 in the current market cycle. These projections are based on the coin's historical price action during previous bull market cycles, as well as support from figures like Elon Musk. However, achieving a $20 price point would require DOGE to have a $3 trillion market cap, which is more than Bitcoin's current market cap. Despite the seemingly steep figure, the crypto market has shown unpredictability and explosive growth in the past.



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