Hold On To Your Dogecoin: It'll Be The 'First Meme Coin To Reach $100B Market Cap,' Says Trader
Portfolio Pulse from Khyathi Dalal
Crypto trader Jake Gagain predicts Dogecoin (DOGE) will reach a $100 billion market cap, advising holders to retain their investments until the Bitcoin halving. Gagain's optimistic forecast is based on a conversation with an investor who has held $600,000 in DOGE since 2020. The prediction suggests a significant increase in value, potentially turning the investment into over $2 million by 2025. Dogecoin has recently seen a 12% increase, with a notable surge in large transaction volume and daily active addresses.
April 09, 2024 | 1:32 pm
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Jake Gagain predicts Dogecoin will reach a $100 billion market cap, advising holders to keep their investments. Recent data shows a 12% increase in DOGE's value and a surge in transaction volume.
Gagain's prediction is based on the potential market dynamics post-Bitcoin halving, suggesting a significant increase in DOGE's value. The recent 12% increase and transaction volume surge support the bullish sentiment, indicating a positive short-term impact on DOGE's price.
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