Prominent market analyst XForceGlobal believes that the recent correction in Dogecoin presents a buying opportunity, predicting that the meme token has the potential for another fivefold to tenfold rally. XForceGlobal cites Dogecoin's historical price actions and its adherence to the Elliott Wave structure as evidence for this prediction. According to the analyst's chart, Dogecoin could surpass $9 in its fifth wave, leading to a market cap of $1.33 trillion. XForceGlobal dismisses the significance of market cap when analyzing an asset's potential for growth, instead emphasizing factors like adoption, liquidity, demand, and token distribution. Other analysts have also suggested a significant upsurge in Dogecoin's price, with predictions ranging from $6 to $13.66. Currently, Dogecoin is trading at $0.2534, up 1.3% in the past 24 hours.



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