Terra Classic

Dogecoin

Elon Musk

<div class="finbold"> 
 <p class="paragraph">Amid a bullish move for the majority of assets in the cryptocurrency sector, Dogecoin (DOGE) is making strides as well, having increased its price by over 120% in the last month alone, and chart patterns suggest more gains for the famous doge meme crypto.</p> 
 <p class="paragraph">As it happens, the macro long-term Dogecoin <a rel="dofollow" title="chart" href="https://thebittimes.com/tag/chart.html">chart</a> is making <a rel="dofollow" title="waves" href="https://thebittimes.com/tag/waves.html">waves</a> on <a rel="dofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> <a rel="dofollow" title="media" href="https://thebittimes.com/tag/media.html">media</a> platform X, according to the observations by pseudonymous crypto market analyst <em>Bitcoinsensus, </em>who is betting on the possibility of DOGE becoming the primary currency for X payments.</p> 
 <h2 class="wp-block-heading" id="h-dogecoin-price-prediction-2024">Dogecoin price prediction 2024</h2> 
 <p class="paragraph">Indeed, according to the Dogecoin chart shared by <em>Cryptollica</em>, the favorite asset of Tesla (NASDAQ: TSLA) CEO and X owner and executive chairman Elon Musk is displaying a bullish action that could see it skyrocket in the next few months, provided that history continues to repeat itself in DOGE’s case.</p> 
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    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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  <img decoding="async" width="800" height="388" src="https://cdn.thebittimes.com/images/2024/03/27/59198d31524d7a6b70e13412d5e019c6.webp" alt="Dogecoin price macro chart" class="wp-image-164078" srcset="https://cdn.thebittimes.com/images/2024/03/27/59198d31524d7a6b70e13412d5e019c6.webp 800w, https://cdn.thebittimes.com/images/2024/03/27/59198d31524d7a6b70e13412d5e019c6.webp 300w, https://cdn.thebittimes.com/images/2024/03/27/59198d31524d7a6b70e13412d5e019c6.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
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   <em>Dogecoin price macro chart. Source: Cryptollica</em>
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 <p class="paragraph">Specifically, DOGE performed similar movements back in 2014, 2018, and 2021, with the latest such behavior also being its most intense move upward, during which it advanced from $0.0065 to its all-time high (ATH) of $0.7316, or an earth-shattering 11,155.4%.</p> 
 <p class="paragraph">It is also worth noting that the DOGE price prediction by advanced artificial intelligence (AI) algorithms sees it possibly hitting $0.356 (up from the originally reported $0.292) by December 31, 2024, which, although nowhere near its ATH, would still represent an increase of&nbsp;90.27% from its current values.</p> 
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  <img decoding="async" width="1047" height="497" src="https://cdn.thebittimes.com/images/2024/03/27/25d53c9560713ef897bd548fd08a301b.webp" alt="DOGE price prediction 1-year chart" class="wp-image-164079" srcset="https://cdn.thebittimes.com/images/2024/03/27/25d53c9560713ef897bd548fd08a301b.webp 1047w, https://cdn.thebittimes.com/images/2024/03/27/25d53c9560713ef897bd548fd08a301b.webp 300w, https://cdn.thebittimes.com/images/2024/03/27/25d53c9560713ef897bd548fd08a301b.webp 1024w, https://cdn.thebittimes.com/images/2024/03/27/25d53c9560713ef897bd548fd08a301b.webp 768w" sizes="(max-width: 1047px) 100vw, 1047px">
  <figcaption class="wp-element-caption">
   <em>DOGE price prediction 1-year chart. Source: CoinCodex</em>
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 <p class="paragraph">Earlier in March, crypto trading expert Ali Martinez shared his vision of DOGE reaching the <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $1 by mid-April, which would not only break its previous <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> record but also increase the <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of the doge meme crypto asset by&nbsp;434.47% compared to its figures at the time of publication.</p> 
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  <img loading="lazy" decoding="async" width="800" height="410" src="https://cdn.thebittimes.com/images/2024/03/27/fd78946d58545c05ccbe67b9154dfc5d.webp" alt="DOGE price action analysis and prediction" class="wp-image-164075" srcset="https://cdn.thebittimes.com/images/2024/03/27/fd78946d58545c05ccbe67b9154dfc5d.webp 800w, https://cdn.thebittimes.com/images/2024/03/27/fd78946d58545c05ccbe67b9154dfc5d.webp 300w, https://cdn.thebittimes.com/images/2024/03/27/fd78946d58545c05ccbe67b9154dfc5d.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
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   <em>DOGE price action analysis and prediction. Source:</em> <em>Ali Martinez</em>
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 </figure> 
 <h2 class="wp-block-heading" id="h-why-is-dogecoin-going-up">Why is Dogecoin going up?</h2> 
 <p class="paragraph">For now, Dogecoin is trading at the price of $0.1871, recording an increase of&nbsp;&nbsp;1.08% on its daily chart and making a more significant advance of&nbsp;38.65% in the last week, adding up to the even more impressive rally of 121.01% across the previous month, according to the chart data on March 27.</p> 
 <figure class="wp-block-image size-full">
  <img loading="lazy" decoding="async" width="750" height="496" src="https://cdn.thebittimes.com/images/2024/03/27/b1b35b4ad8d1b06712ae154f76fb0619.webp" alt="1-month DOGE price chart" class="wp-image-164077" srcset="https://cdn.thebittimes.com/images/2024/03/27/b1b35b4ad8d1b06712ae154f76fb0619.webp 750w, https://cdn.thebittimes.com/images/2024/03/27/b1b35b4ad8d1b06712ae154f76fb0619.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
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   <em>1-month DOGE price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">So, why is DOGE going up? The answer to this question could lie in the generally optimistic sentiment in the wider cryptoverse, which has seen Bitcoin (BTC) return to the $70,000 level but also the increased activity of its whales, one of which transferred more than 1 billion DOGE to another crypto wallet.</p> 
 <p class="paragraph">On top of that, many X users have shared their optimism regarding the possible introduction of Dogecoin as the payment method for Elon Musk’s electric vehicle (EV) giant, Tesla, considering that the billionaire himself recently hinted at the same, promising to continue supporting the meme coin.</p> 
 <p class="paragraph">Ultimately, while making a precise Dogecoin prediction is a difficult task, the asset seems to be looking at a bright future. However, the trends in this sector can easily shift, so doing one’s own research and following Dogecoin news is critical when investing in it.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/doge-price-prediction-as-dogecoin-chart-makes-waves-on-social-media-tbt83691.html">https://thebittimes.com/doge-price-prediction-as-dogecoin-chart-makes-waves-on-social-media-tbt83691.html</a></p>

DOGE price prediction as Dogecoin chart makes waves on social media

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