Dogecoin and Other Dog Based Meme Coins Bullish Outlook For June

Most dog-based meme coins, including Dogecoin, had a good rally this May after going through correction earlier in April. But this is just a start, as the crypto summer is about to hit the crypto market, causing the altcoins to rally this June. The excitement is real, with many predictions favoring the dog-meme coins dominance in June.

In this blog, let us look at Dogecoin and the rest of the Dog meme coins bullish outlook for June.

Dogecoin Price To Surge To $1 This June

Dogecoin, the most preferred Dog-themed meme coin, is all set for a 700% price rally, as per Mags, a crypto trader. In a recent X post, Mags predicted the possibility of witnessing a 700% surge in the Dogecoin price, pushing the value beyond $1 before the cycle ends. Mag’s last bull run prediction for Dogecoin came true when the price surged by 170x, and now the prediction is for 7x gains. He also revealed that he has begun collecting the DOGE to make 7X if the charts followed his analysis. If the prediction comes true, DOGE will be trading around $1.17, currently at $0.1671.

$DOGE about to go parabolic.. Last cycle, I shared Dogecoin before it went up by 170x. I’ve been accumulating Dogecoin for the past few months and my bags are loaded. I’m expecting a 7x return this cycle. See you at $1+ 🫡 pic.twitter.com/OeXdDMpJDZ — Mags (@thescalpingpro) May 25, 2024

Many similar predictions favor the Dogecoin and the dog-meme coins price rally for the next month. Ali, a popular crypto analyst, has also talked of the same. As per him, the price will rise closer to the $1 mark. Moreover, Capt Toblerone talked of the 1300% price rally, pushing the DOGE price to $1.5 with an earlier fall to $0.108.

Also Read: Dogecoin (DOGE) ETF Hype Trigger Conflicting Growth Metrics

Lastly, the whale activity has also indicated the same. The IntoTheBlock data revealed the increased accumulation of whales with a 2.64% increase in large transactions. Such increased whale involvement pushes the cryptocurrency towards the bulls, and the same might happen for the Dogecoin price. It has started surging with a 28% hike in its trading volume.

Bullish Outlook For All Dog-based Meme Coins