An expert in cryptocurrencies has shared his optimistic outlook on Dogecoin‘s (DOGE) price for April 20, known as DOGE day among its followers. This forecast from the analyst increases anticipation within the DOGE community as they prepare to celebrate this significant date.
DOGE’s Price To Hit $0.26 On Doge Day
Myles G, a crypto analysis expert, shared on X (previously Twitter) that according to his price models, DOGE‘s minimum price is forecasted to touch $0.26 by April 20. He also specified that this prediction would come true around “4:20 pm EST.” The analyst announced that he would disclose the next hidden prediction once this target was hit.
Reaching $0.26 for DOGE would mean a notable price jump from its present value, as Doge Day’s excitement is predicted to fuel the meme coin with robust buying pressure. Furthermore, if Bitcoin Halving occurs on April 20th, it could potentially lead to substantial price surges in DOGE and other cryptocurrencies.
An additional possibility exists that Dogecoin’s upward trend may continue past DOGE Day because Coinbase is scheduling the launch of DOGE futures on April 29. This development is likely positive for Dogecoin as it might broaden its user base and attract fresh investment into its community.
While Myles G didn’t share his predictions about DOGE‘s future price after reaching $0.26, a different cryptocurrency expert believes that the meme coin might reach up to $0.40 by the end of this month.
A significant leap in value, equivalent to over doubling its current price within this month, for the leading meme coin (DOGE) would signify an impressive achievement. This substantial price rise could potentially secure DOGE a place among the top 10 cryptocurrencies by market capitalization, as it contends with strong competition from other crypto tokens in its vicinity.
Time To Buy DOGE
Myles G expressed his continued optimism towards DOGE in a future post, encouraging his audience to invest in the meme coin and prepare for potential substantial profits. According to various forecasts, DOGE is considered a strong contender for impressive gains during this bull market, with some crypto experts predicting it could reach prices as high as $1.
Crypto expert Don Alt expressed his optimistic viewpoint towards DOGE‘s potential price increase. He went as far as stating that investing in DOGE was more advantageous than Bitcoin for him. In support of his argument, he believed that DOGE could exceed the $1 mark and continue climbing to reach a price of $2.
Currently, DOGE is priced at approximately $0.17 during this composition, representing a decrease of more than 13% within the preceding 24-hour period, based on figures from CoinMarketCap.
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2024-04-13 19:41