A crypto analyst predicted a major price increase for Dogecoin ($DOGE ), predicting that the popular memecoin will soon reach 24.

While Dogecoin is trading below $ 1, this prediction may seem ambitious, the analyst stated that it is possible to level at this level. The analyst, who made the Dogecoin prediction based on past price movements, excited many people. Although the majority of crypto investors believe in this target, the analyst seems confident

The analyst's Dogecoin (#DOGE ) target gives hope Dogecoin's price has been below $ 1 for a long time and continues to try to overcome significant resistance despite experiencing serious fluctuations. While its rival Shiba Inu (SHIB) has experienced major increases recently, DOGE has remained in the background due to the decline.

Despite this negative picture, a crypto analyst known as "CEO" made a new prediction on the X platform (formerly Twitter) that gives hope to what is held by Dogecoin. The analyst suggested that memecoin could reach 24 points soon.

The analyst examined Dogecoin's past price movements in the chart he shared and emphasized that it had experienced long-term declines twice before and then made a big jump. Stating that there are signs that a similar rise to the current price movements may soon occur, the analyst stated that this potential bull market could carry DOGE at the age of 24.

Although it seems like a difficult possibility that Dogecoin, which should experience 18,362 percent growth, has been listed in 24 years, the analyst admits that many people will not believe in such a rise. However, the analyst suggests that this prediction has been confirmed.

Dogecoin, which is currently traded at $ 0.13, needs to show an increase of approximately 18,362 percent in the 24 direction. Such an extraordinary rise is usually seen in intense demand and a strong bull market.

In addition, DOGE is available in the market for 24 years and is available in dollars. Currently, Dogecoin’s market cap is at $19.6 billion, meaning the memecoin could go up in 24 directions, leaving Bitcoin at its current market cap of 1.3.

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