Dogecoin To Hit $1? Expert Calls It A Realistic Goal For 2025 – Here’s Why

A known cryptocurrency analyst expressed his optimism about the possibility that the popular meme coin, Dogecoin, would reach the much awaited $1 per coin mark. Market analyst Trader Tardigrade believes the $1 mark is still feasible for DOGE’s price upswing in four days after welcoming the new year, indicating that the meme coin has entered a bullish period. Related Reading: Galaxy Digital Reveals Bold Dogecoin Price Prediction For 2025 $1 Per Coin Feasible Tardigrade believes that reaching the much-anticipated $1 milestone for Dogecoin is reasonable as the popular meme coin now ventures into the so-called Distribution phase. The market expert said that DOGE needs a 157% surge in its price to reach the coveted $1 level, adding that the price level is achievable soon as the meme coin follows the “Power of Three” pattern. “$Doge $1 is a reasonable target in this pattern,” Trader Tardigrade said in a post. Last year, Dogecoin achieved an impressive 252% price hike although towards the end, in December, it encountered bearish conditions that saw its price slide by 25%. #Dogecoin daily candle closed. It has just entered Distribution phase in the “Power of Three” (PO3) pattern

Jan 6, 2025 - 05:00

Dogecoin To Hit $1? Expert Calls It A Realistic Goal For 2025 – Here’s Why

A known cryptocurrency analyst expressed his optimism about the possibility that the popular meme coin, Dogecoin, would reach the much awaited $1 per coin mark.

Market analyst Trader Tardigrade believes the $1 mark is still feasible for DOGE’s price upswing in four days after welcoming the new year, indicating that the meme coin has entered a bullish period.

$1 Per Coin Feasible

Tardigrade believes that reaching the much-anticipated $1 milestone for Dogecoin is reasonable as the popular meme coin now ventures into the so-called Distribution phase.

The market expert said that DOGE needs a 157% surge in its price to reach the coveted $1 level, adding that the price level is achievable soon as the meme coin follows the “Power of Three” pattern.

“$Doge $1 is a reasonable target in this pattern,” Trader Tardigrade said in a post.

Last year, Dogecoin achieved an impressive 252% price hike although towards the end, in December, it encountered bearish conditions that saw its price slide by 25%.