Is The Dogecoin Price To $10 Still Possible? 4-Year Cycle Theory Reveals The Answer
A new Dogecoin price analysis suggests this top meme coin could rise to a new ATH of $10. A crypto market expert, Dima James Potts, attributes this prediction to the 4-year cycle theory, which illustrates parabolic growth during each major cycle.
In Cycle 1, during the early stage of the Dogecoin market performance between December 15, 2015, and December 26, 2016, the analyst reported a massive increase of 9,404% to $0.01 following the green and red trendline crossover.
In Cycle 2, which occurred years later, between December 2019 and December 7, 2020, the analyst disclosed that Dogecoin experienced another substantial rise of 29,626% to $0.5 after the trend lines crossed. This considerable price surge represents exponential growth compared to the first cycle.
The crypto market is in the fourth year of Cycle 3, and Potts anticipates greater parabolic growth in 2025 based on similar trend patterns. He predicts that Dogecoin will experience an 11,049% surge in 2025, marking a substantial rise from its current market value of $0.32 to a $10 all-time high.
In the chart, the analyst issued an even larger price target for Dogecoin this year. He indicated that after a potential surge to the $10 target, Dogecoin could experience another massive 40,037% increase to reach a price level between $30.5 and $38.5.
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