'DOGE Is Gonna Pop:' Crypto Analyst Predicts Dogecoin On The Verge Of A Price Jump
Portfolio Pulse from Mehab Qureshi
Cryptocurrency analyst Muro predicts a 6% rise in Dogecoin's (CRYPTO: DOGE) value, with a target price of $0.083. Dogecoin recently saw a 10% increase after a new verified account related to a payment feature on an app associated with Elon Musk was set up. Muro's comments suggest a potential short-term price jump for DOGE, despite a recent pullback to its original trading price of $0.078.
January 29, 2024 | 11:59 am
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Muro, a cryptocurrency analyst, predicts a potential 6% increase in Dogecoin's value, setting a target of $0.083. The prediction follows a recent 10% rise after developments related to a payment feature on an app tied to Elon Musk.
The prediction of a price increase for Dogecoin by Muro is based on recent positive developments and his own analysis. The recent 10% rise due to the payment feature news adds credibility to the potential for further gains. However, the volatile nature of cryptocurrencies and the reliance on market sentiment mean that while the outlook is positive, the prediction is not guaranteed.
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