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DOGE News: Dogecoin to Pump 700% Next Week? Expert Weighs In
A recent report suggests that Dogecoin (DOGE) could surge by an astonishing 700% in the next week. The prediction has sent shockwaves through the crypto community, with many investors eagerly waiting to see if the forecast will come true.
The expert behind this prediction is none other than Ali Martinez, a well-known market analyst who made similar predictions for DOGE’s previous rallies. According to Martinez, Dogecoin’s current price movement bears striking similarities to its 2021 performance, where it rose by an incredible 700% in just a few weeks.
Martinez points out that the current retracement pattern of Dogecoin is eerily reminiscent of its previous 56% decline from December 2020. This time around, however, the analyst suggests that DOGE could start its second leg up as early as next week, mirroring its January 2021 performance.
The prediction has sparked a heated debate among investors and traders, with some calling it overly optimistic while others are already preparing for the predicted surge. One thing is certain – if this forecast comes true, it would be nothing short of astonishing and could have far-reaching implications for the crypto market as a whole.
According to Coin Market Cap, DOGE’s current price stands at $0.3808, with its 24-hour and weekly returns showing a 2.21% and 16.22% increase, respectively.
Source: www.crypto-news-flash.com
