Next bull run expected for Dogecoin: Analyst forecast +160% for Doge
Next bull run expected for Dogecoin: Analyst forecast +160% for Doge
Dogecoin has shown a remarkable performance in the past few weeks and some analysts believe that the cryptocurrency is about to be a bull run. According to the well -known trader Kaleo, Dogecoin could increase by a whopping 160% in the near future and reach a price of up to $ 0.18
Although Dogecoin has only been able to grow by 6% in the past seven days, professional trader Michaël van de Poppe believes that the momentum will continue to strengthen for Doge. He predicts a possible increase to $ 0.15 to $ 0.18. The price of Dogecoin is currently $ 0.06927, so that an increase to the price target mentioned corresponds to an increase of around 160%.
For those who want to rely on an introduction to Dogecoin, there is the possibility to buy the cryptocurrency with PayPal. Dogecoin is also known as "The friendly cryptocurrency" and is very popular.
Michaël van de Poppe not only sees good prospects at Dogecoin, but also expects a massive increase in the entire crypto market capitalization. He assumes that market capitalization could increase by up to 80% of its current value, which indicates a possible increase in value of cryptocurrencies as a whole. Poppe believes that this trend will last at least two to three months.
For investors who are looking for a promising cryptocurrency with an attractive risk return potential, Evil Pepe Coin (Evilpepepe) could also be an interesting option. Evil Pepe Coin has just started his pre -sale and has already been able to take more than $ 85,000. It is a project that wants to repeat the success of Pepe Coin (Pepe) and has the goal of achieving a market capitalization of $ 100 million.
currently Pepe Coin has a market capitalization of just over $ 600 million. Analysts already speculate whether Evil Pepe Coin can surpass his predecessor. If the Evilpepe Token increased its market capitalization to Pepe's level, investors who have participated in the pre-sale could increase their use by 300 times. At the moment, an Evilpepep token only costs $ 0000333, so that you could get an incredible $ 300,300 Evilpepep tokens for $ 100.
It remains to be seen how Dogecoin and Evil Pepe Coin will develop in the coming weeks. Both Dogecoin and Evil Pepe Coin have the potential to generate attractive returns for investors. However, it is important that investors carefully weigh up their investment decisions and are aware that the crypto market is volatile and risky.