Fascinating Forecasts for Dogecoin (DOGE) Prices: Is a New All-Time High Incoming?
Dogecoin has seen a significant increase in value in the past 14 days, leading analysts to predict further gains. Factors such as whale accumulation and the potential launch of a DOGE spot ETF in the US could support this upside.
Despite a recent retrace to $0.18, experts like Trader Tardigrade and CryptoBullet predict a surge, with the latter forecasting a possible cycle top of over $3.20 by year-end. However, such a huge price explosion currently seems unlikely. Large investors, or 'whales', have accumulated 100 million DOGE tokens in the past week, which could inspire smaller players to invest and cause price spikes.
The possible approval of a DOGE spot ETF, similar to traditional stocks, could also positively influence DOGE's value.