Skip to content

$1 Dogecoin (DOGE) incoming, crypto expert predicts

$1 Dogecoin (DOGE) incoming, crypto expert predicts

Recent weeks have proven two major general facts. Bitcoin (BTC) still has the capacity to be incredibly volatile in both directions having had daily rises and falls amounting to as much as $5,000, and meme coins still have the potential to outperform other cryptocurrencies under the right circumstances.

In fact, at the start of March, meme coins accounted for 5 out of 7 top weekly gainers in the crypto market and, while they have since fallen off, they remain strong contenders for providing some of the most staggering bull runs in 2024.

One of the most exciting such cryptocurrencies in the context of the ongoing rally – and in the leadup to April Fools Day – is the world’s premier internet-joke-based, dog-themed coin, Dogecoin (DOGE).

Dogecoin likely to skyrocket in April

Not only is DOGE, along with Shiba Inu (SHIB), the most recognizable meme coin in the world, but is also favored by the billionaire and meme lord extraordinaire Elon Musk.

Adding to the excitement and possible future successes of DOGE, Ali Martinez, a prominent crypto expert, took to X to opine that, should Dogecoin’s future at all resemble its past performance, the coin might be in for a surge to $1 by mid-April:

This may sound wild, but if history is any guide, Dogecoin $DOGE could hit $1 by mid-April!

Should the prediction – based on DOGE’s performance in the leadup to its historic rallies – come to pass, Dogecoin will, in a matter of weeks, skyrocket 488.24% from its press time price of $0.1677.

DOGE price chart showcasing behavior prior to past spikes. Source: @ali_charts

Finally, should DOGE manage to reach $1 in April, it would not only secure a new all-time high price but also raise its market cap above $140 billion, thus making it the third-largest cryptocurrency in the world should others remain level. Under these circumstances, Dogecoin would overtake the likes of Tether (USDT), Xrp (XRP), Binance Coin (BNB), and Solana (SOL)

DOGE price chart

While DOGE may or may not have its 500% surge in the coming weeks, the meme coin has already seen an impressive surge in 2024. Year-to-date, the cryptocurrency is up as much as 85.29%.

DOGE YTD price chart. Source: Finbold

The bulk of this rise took place in the last 7 days which saw Dogecoin skyrocket 38.94%. The latest trend has also been positive and DOGE rose 10.04% to the press time price of $0.1677 in the most recent 24 hours of trading.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.