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Home > Information news > Crypto Analyst Predicts Dogecoin Would Rally to $2 in 2024

Crypto Analyst Predicts Dogecoin Would Rally to $2 in 2024

Release: 2023/11/16 21:28 Reading: 616

Original author：Coin Edition

Original source：https://coinmarketcap.com/community/articles/6556124bfab4621b4607594a

  • An analyst claimed that a $2 target is reasonable for Dogecoin for the next bull run.
  • Dogecoin’s rise is not dependent on Elon Musk, according to the host of VisionPulsed.
  • The host claimed that Dogecoin’s popularity would be significant in the meme coin’s rise to the top.

The host of VisionPulsed, a YouTube crypto analysis channel, stated that a $2 target is reasonable for Dogecoin for the next bull run. The host explained the reason behind a potential rally for Dogecoin, noting that the meme coin’s rise is not dependent on Elon Musk.

The VisionPulsed host explained in a recent video that the expected rally would impact Dogecoin’s market capitalization, which could climb to between $250 billion and $300 billion. The host arrived at the potential market cap by multiplying Dogecoin’s circulating supply with the projected price in 2024.

According to the host, Dogecoin’s popularity would be significant in the meme coin’s rise to the top. He compared the projected Dogecoin market cap with that of XRP, which is estimated to reach $500 billion, with the XRP token projected to reach $10. According to the host, considering Dogecoin’s past performa…

The post Crypto Analyst Predicts Dogecoin Would Rally to $2 in 2024 appeared first on Coin Edition.

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