Dogecoin (DOGE) has shown recent upward trend following a bearish trading week. Despite market fluctuations, it remains popular, with nearly 90% of its community confident in future gains. Crypto analyst Ali Martinez has predicted a potential 10,000% price surge for DOGE.
Martinez’s analysis compares DOGE's current position to its 2021 bull cycle, when the price rose from $0.007 to $0.700. He foresees a potential price of $14.78 by May 2025 if similar growth occurs. Bullish sentiment is partly driven by the prospect of a Dogecoin Spot ETF.
Asset manager Bitwise has filed a proposal for a "Bitwise Dogecoin ETF," confirmed by Bloomberg analyst Eric Balchunas. Martinez believes the ETF could push DOGE's price to around $15. At press time, DOGE’s price is $0.354, with a market cap of $52.43 billion.
Nguồn: www.newsbtc.com ↗