Can Dogecoin ($DOGE ) reach 4 without relentless progress?
Dogecoin (#DOGE ) price has sparked speculations about 4 targets with its recent rally. With whale options and strong bullish momentum supporting DOGE, can the popular memecoin be reached for 4 this cycle?
DOGE is currently trading at $0.3874 and has gained 3.7 percent in the last 24 hours.
Analysts are hopeful about Dogecoin (DOGE) Crypto analyst Zer0 predicts that Dogecoin could rise above $4. The analyst thinks that the price of DOGE is low and the story is that the price could move higher.
If Dogecoin reaches 4, its market value will reach 584 billion. Although the Elon Musk effect and investments such as the Department of Government Efficiency (D.O.G.E) make it possible to reach this value, this short/medium planned target seems very difficult.
Another analyst Bluntz predicts that DOGE will rise, but that this will be a slow process. Bluntz, who gave a target of $ 1 for Dogecoin based on Elon Musk's X share, excited his followers.
The elements to watch out for for the popular memecoin will be Elon Musk and D.O.G.E. Musk's continued social media posts about Dogecoin have not separated the price to even higher levels.
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