Dogecoin recently achieved a new yearly high of $0.4346 before experiencing a 12.2% retracement. This pullback follows widespread profit-taking by traders from major cryptocurrencies like Bitcoin.
Despite this short-term decline, a unique chart indicator reveals the potential for Dogecoin to reach the $1 mark by November. This projection indicates a significant 170% increase from its current value.
Such predictions have sparked excitement within the crypto community, raising hopes for Dogecoin's sustained growth and further attention as a prominent meme coin.
