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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
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Despite a 46% decline, is DOGE expected to Rebound to $18?
History has shown that this is the case
A famous market analyst believes that the price of DOGE will skyrocket to double digits, highlighting the patterns of market cycles in 2017 and 2021.
Driven by the extremely positive sentiment in the cryptocurrency market, the leading meme coin DOGE (DOGE) has had a remarkably positive year, with its digital price percentage increase reaching threefold.
Although the recent market volatility has slowed down due to remarks by Federal Reserve Chairman Jerome Powell, history has shown that this may just be a normal pause in a steep upward trend, with significant room for further growth.
The beginning of the road to $18?
Renowned cryptocurrency analyst Ali Martinez emphasizes that although DOGE has recently performed well, it may be on the edge of a parabolic Rebound. The analyst shared this view in an X post on Monday, December 23, citing the price trends of meme tokens with dog themes in 2017 and 2021.