Despite struggling to keep up with the recent crypto market rally, Dogecoin is gathering momentum for a potential bull run to unprecedented heights, according to notable crypto analyst Crypto Scofield. While Dogecoin has only gained 3% in the last 24 hours and is currently trading at a loss from its recent peak, some analysts believe that it could reach $3, representing a 624% surge from its current price. Attaining a $3 price level would surpass Ethereum's market cap and place Dogecoin ahead of Netflix and Bank of America in terms of valuation. Some analysts even argue for double-digit values or prices beyond $20 for Dogecoin. The timeline for reaching $3 ranges from six months to a year, with some suggesting that it could be the peak of the ongoing bull run. However, others project even higher prices, such as $11 or $18, based on historical performance and technical analysis. The actual ceiling for Dogecoin's potential in this bull season remains uncertain.
- Content Editor ( thecryptobasic.com )
- 2024-11-29
Expert Says It’s Only a Matter of Time Before Dogecoin Hits $3