Bitcoin returns to the $100,000 mark, Dogecoin may experience explosive growth!
As Bitcoin strongly breaks through the $100,000 barrier, market attention is refocused on the cryptocurrency sector. As the most popular representative of meme coins, Dogecoin (DOGE) shows a strong upward trend, currently priced at $0.18, with a weekly increase of 7.2% and a daily trading volume soaring to $1.15 billion, achieving a doubling growth. Analysts point out that Bitcoin's strong comeback may bring a new wave of explosion for Dogecoin.
【Institutional Views】
• Buy ratings account for 78%, with only 22% suggesting to sell
• Musk's continued endorsement consolidates its leading position in meme coins
• Trading activity has significantly increased, and market sentiment is optimistic
【Long-term Outlook】
Finder's research team predicts that by 2030, Dogecoin is expected to challenge the $2 mark. If the prediction is accurate, the current investment will yield a 10-fold return—$1,000 principal is expected to appreciate to $11,000. Experts emphasize: "As the most successful meme coin, Dogecoin has transcended mere internet memes, forming a solid community consensus and value foundation."
Key Technical Signals:
• MACD is about to form a golden cross, and the medium to long-term trend may reverse
• RSI has risen from the oversold range to the neutral zone, with buying momentum continuing to strengthen
• Price is strongly supported in the $0.11-$0.20 demand zone and the EMA-200 moving average
• An upward trend line connecting the 2023 lows establishes a solid bottom structure
Target Price Predictions:
Short-term: Breakthrough $0.23 (+30%)
Medium-term: Challenge $0.44 (+135%)
Long-term: Wave theory points to a range of $1.30-$1.70
