A distinguished crypto analyst has ignited a conversation on the social media platform X, indicating that Dogecoin might replicate XRP's journey from the last bull cycle. This theory proposes that Dogecoin, akin to XRP during 2021's bull market, may not reach a new all-time high in this cycle.
In the 2021 bull run, many major cryptocurrencies soared to unprecedented levels, yet XRP faced difficulties in surpassing its previous highs. The analyst, Tony, outlines a similar trajectory for Dogecoin, sparking a widespread debate among enthusiasts and investors.
The dialogue has shown that while some hold an optimistic outlook for Dogecoin, predicting a potential surge, others are more cautious, drawing parallels to XRP's past struggles. This analysis has generated significant interest and varying opinions within the crypto community, leaving the future performance of Dogecoin a subject of keen observation.