Master trader speaks assertively: “DOGE hasn’t started yet”

Bluntz, known as the “Master Trader” on the crypto exchange Bybit, stated that the Dogecoin (DOGE) rise has just begun.

Addressing his 287,200 followers on X, analyst Bluntz claimed that the DOGE price has started to gain strength against BTC and that this momentum will result in a major rally.

“I tried to warn you all,” Bluntz said, continuing his words as follows;

“It’s crazy to think that this thing (DOGE rally) has just begun.”

The analyst predicted that a major bottom has formed in the DOGE/BTC parity and that DOGE could rise by 260 percent.

“Dogecoin ($DOGE ) will start the rally”

Bluntz, the “legendary” trader of Bybit, shared a chart analysis for Dogecoin (DOGE) on X.

The analyst noted the following sentences; DOGE needs to increase by nearly 600 percent in order for the analyst's $ 1 target to be realized.

When Bluntz shared the analysis, the DOGE price was at $ 0.277. The popular memecoin is trading at $ 0.2913 as of the time the news was written.

The analyst claimed that large wallets will first turn to DOGE when they want to buy a memecoin. Stating that large wallets have not made a purchase yet, Bluntz stated that risk appetite is about to increase.

Elon Musk, who was Donald Trump's number one supporter in the US presidential elections, talked about DOGE throughout the election process. Musk, who answered questions about DOGE positively at the rallies he attended, made DOGE the second favorite of the Trump bull.

After Trump became the 47th president of the USA, the Bitcoin price reached $ 82,000. All eyes turned to whether DOGE, another favorite cryptocurrency, can reach $ 1.

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