Dogecoin Might Surge to $0.65 Soon in a 2021-like Rally

Krutika Adani

Price at Market Bottom

Dogecoin price may have reached the market bottom after a wide market selloff was seen last week.

Analyst Johnny Brah Reaffirms 2021-like Rally

Crypto analyst Johnny Brah reaffirmed previous predictions and expects DOGE to rally in a similar way as in 2021 when the crypto went from $0.003 to $0.7.

Tweets from Elon Musk

Analysts expect tweets from Elon Musk to play a vital role in the price rally. Elon had been tweeting cryptic messages for Dogecoin for the last few years.

Other Fundamental Factors

Other factors that might push Dogecoin’s price upwards are a strong community, the largest memecoin tag, strong network growth, and usage statistics.

Markets Awaiting a Trigger

Memecoins have been awaiting a trigger from top cryptos like Bitcoin and Ethereum to begin their rally.