💥💥💥 $DOGE ’s Journey from $0.3840: Can It Repeat History and Hit $20?
Dogecoin (DOGE) Faces Bearish Pressure but Historic Trends Hint at Explosive Growth 🚀
- Dogecoin and the crypto market are under pressure as Donald Trump begins his second term, with DOGE down over 10%, currently trading at $0.3840. Trump’s official meme coin has taken an even harder hit, plunging 30% today. Despite the dip, market expert Ðima James Potts views this bearish phase as temporary.
Historic Trends Point to Massive Potential
Potts highlights DOGE's rallies after past U.S. presidential inaugurations:
1. 2017 Cycle: 30x increase
2. 2021 Cycle: 80x surge
Based on these patterns, Potts predicts a 55x rally this cycle, potentially propelling DOGE to $21.12.
Institutional and Technological Catalysts
- Potts emphasizes institutional interest, such as Wintermute’s projection of a DOGE ETF, alongside technological advancements, as key factors that could drive another historic rally.
Price Projections Based on $0.3840
1. $10 = 2,504% upside
2. $20 = 5,108% upside
Bold targets of $30 and $40 remain speculative, though achieving them would require unprecedented market cap growth.
