#DOGE quotes with a mixed behavior after a 260% increase in 2024, driven by events such as Donald Trump's victory and the creation of the "Department of Government Efficiency" (DOGE), led by Elon Musk, which generated a peak close to $0.46. However, it is 58% below its all-time high of $0.73 from 2021.
In the short term, #DOGE could experience increases if positive catalysts (Musk, adoption on X, ETFs, or a bullish crypto market) are maintained, with targets between $0.26-$0.47. However, the lack of confirmations and its speculative nature suggest a significant risk of corrections towards $0.10-$0.13. It is recommended to monitor Bitcoin's behavior, news about X, and conduct a detailed technical analysis before investing, considering the high risk tolerance required.
