Dogecoin is rallying in the charts and is up nearly 30% in the last 24 hours. The leading meme cryptocurrency kick-started a rally minutes after Bitcoin climbed above the $62,000 mark on Wednesday. DOGE is bringing back memories of 2021 when it delivered life-changing gains to early investors. The future looks bright for the meme coin as a new forecast suggests that its price could surge by another 250%.
This puts Dogecoin on a pedestal as it is now among the top-performing cryptocurrencies this year in 2024. A leading price prediction firm has estimated that DOGE could continue the rally well into 2025. In this article, we will provide a price prediction on how high DOGE could trade in the next 12 months or more.
The Finder’s panel of cryptocurrency experts predict that Dogecoin could rise by another 250% from its current price of $0.12. According to the Finder’s panel, DOGE could sustainably scale up in the charts to reach the $0.33 level in 2025. That’s an uptick and return on investment (ROI) of approximately between 230% to 250% from its current price.
The leading cryptocurrency on-chain and price prediction firm Finder remains bullish on Dogecoin with a positive outlook. “There’s a grassroots loyalty in some investors ideologically aligned to its community roots and origin story,” said Paul Levy, a Senior Lecturer at the University of Brighton.
Despite all the odds, the DOGE cryptocurrency has maintained its fame and never lost out on investors’ loyalty. The meme coin boasts a sea of fan followers who stick to it through thick and thin. This makes Dogecoin stand apart from the rest of the cryptocurrencies in the market.
At press time, Dogecoin was trading at $0.12 and is up nearly 28% in the 24-hours day trade. However, DOGE is down close to 83% from its all-time high of $0.73, which it reached in May 2021.
Link: https://watcher.guru/news/dogecoin-forecasted-to-surge-250?utm_source=pocket_saves
Source: https://watcher.guru
