Tl; DR
- Analysts predict that Dogecoin could reach $ 2.20 to $ 4, with Kaleo qualifying the current range a main purchase zone.
- The leadership of Elon Musk on the Ministry of Government Effectiveness (DOGE) has fueled speculation according to which the memes piece could benefit from certain associations, in particular after the agency has briefly presented the DOGE logo on its website.
Doge to draw substantial gains soon?
The largest piece of memes in terms of market capitalization has recorded agitated performance in recent weeks. Despite the map of 5% Increase in a daily scaleThe price remains 20% lower than the levels observed a month ago.
More recently, Doge oscillates around $ 0.25 to $ 0.26, which, according to the popular user of Kaleo, is a perfect purchasing area.
Buy $ DOGE twenty-five cents and cool.
– Kaleo (@cryptokaleo) February 10, 2025
The other well -known analysts who described the predictions include Ali Martinez and Tardigrade trader. The first claimed That the meme piece remains on a bullish path which could possibly lead to a new summit of $ 4.
Tarden late observed The previous Cycles of Dogecoin to estimate that it is currently “in the middle of the Doge season”. The market observer estimates that the peak of the phase could occur at a price of around $ 2.20.
“Take it seriously. You cannot continue him once he starts to move, ” they Added.
Whales and Doge
Whale activity is a key element that could affect the performance market performance. Last week, big investors accumulated Millions of Doge, reducing food in circulation and signaling confidence in assets. Whale actions could also be imitated By small actors who could inject fresh capital into the ecosystem.
THE establishment of the Ministry of Government (DOGE) also deserves to be mentioned. The agency, led by Elon Musk, aims to maximize government efficiency and eliminate unnecessary expenses. However, its abbreviation is the same as that of the medal of the same, and the supporters of Doge raised the hope that the connection could benefit to their favorite token.
Last month, the asset price exploded Two -digit, shortly after the department presented the Dogecoin logo on its official website. It was then deleted, but the future implications with the asset can again have implications for its value.
In the meantime, Musk is a lively lawyer of The piece even, often praising its merits and influencing short -term price peaks.
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