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<p>The post <a href="https://coinpedia.org/press-release/new-meme-coin-to-watch-wienerai-backed-after-raising-2-5m/" rel="noopener noreferrer nofollow">Dogecoin Price Prediction – Can DOGE Hit $1 This Year?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The crypto market is enjoying bullish momentum this week, but all eyes are on the meme coin sector as prices surge.</p>
<p>Industry-leading meme coin Dogecoin has outperformed other top 10 cryptocurrencies today, priced at $0.17 and up 4.2%. Will this momentum continue and enable DOGE to reach $1 in 2024?</p>
<h2 class="wp-block-heading" id="h-analyst-says-dogecoin-is-primed-for-breakout">Analyst Says Dogecoin Is Primed For Breakout</h2>
<p>A leading crypto trader has analyzed Dogecoin’s fundamental and technical outlook, concluding that it could reach $1 this year.</p>
<p>Kaleo, who famously predicted the bear market bottom in 2023, is a vocal proponent of Dogecoin and anticipates a breakout to occur imminently.&nbsp;</p>
<p>Through multiple analyses, Kaleo has deduced that DOGE will reach $1 in 2024.</p>
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   <p lang="en" dir="ltr">1 Dogecoin = $1.00<br><br>sooner than you think</p>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1793050194088497180?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2024</a>
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<p>Recently, the analyst has presented two important <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin</a> theses that both attest to its high potential.</p>
<p>The first was Kaleo <a href="https://x.com/CryptoKaleo/status/1791370816615043095" target="_blank" rel="noopener noreferrer nofollow">suggesting</a> that the recent GameStop pump signals that “retail has shifted back to being risk-on.”</p>
<p>By risk-on, Kaleo refers to investors dialling up their exposure to higher-risk assets like meme coins.</p>
<p>He dubbed Dogecoin the “King of memes” and speculated that “as soon as it starts to catch a bit of a bid, it will move vertically once again.”</p>
<p>And in another tweet, Kaleo <a href="https://x.com/CryptoKaleo/status/1792970054880887206" target="_blank" rel="noopener noreferrer nofollow">analyzed</a> Dogecoin’s price against Bitcoin’s.</p>
<p>He noted that DOGE is trading below a descending trend line resistance but anticipates an explosive breakout and upswing.</p>
<p>Currently, 1 DOGE is worth 0.00000241 BTC, but the analyst expects this to increase to $0.000007 in the coming months.&nbsp;</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="388" src="https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522-1024x388.png" alt="" class="wp-image-306434" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522-1024x388.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522-300x114.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522-768x291.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522-1536x583.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522-150x57.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160852/image-522.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>While this represents a 3x growth, it’s worth noting that Dogecoin’s price against the U.S. Dollar could grow significantly more. That’s because Kaleo <a href="https://x.com/CryptoKaleo/status/1792589575300235593" target="_blank" rel="noopener noreferrer nofollow">predicts</a> that Bitcoin’s price will also rise, thereby expediting Dogecoin’s gains.</p>
<p>Adding to the excitement, other prominent analysts like Wizz have also suggested that Dogecoin will reach $1 this cycle.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> to $1 is not a meme <a href="https://t.co/YulBL5DQyW" rel="noopener noreferrer nofollow">pic.twitter.com/YulBL5DQyW</a></p>— WIZZ <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"> ( beware scammers ) (@CryptoWizardd) <a href="https://twitter.com/CryptoWizardd/status/1792921612729106781?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2024</a>
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<p>With that in mind, the current outlook for Dogecoin is highly bullish. This also reflects the unwavering optimism pumping throughout the meme coin sector.</p>
<p>Another project displaying potential is WienerAI, a new AI-meme coin cross-breed currently undergoing a presale.</p>
<h2 class="wp-block-heading" id="h-new-meme-coin-to-watch-wienerai-backed-to-100x-after-raising-2-5m">New Meme Coin to Watch: WienerAI Backed to 100X After Raising $2.5M</h2>
<p>Intertwining the utility of AI and the virality of meme coins, <a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=dogecoin-price-prediction---can-doge-hit-$1-this-year" target="_blank" rel="noopener noreferrer nofollow">WienerAI</a> has caused a ruckus since its presale launch.&nbsp;</p>
<p>On the surface, WienerAI presents itself as a sausage dog-themed meme coin, and its website is littered with bold innuendos to keep its community entertained.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="584" src="https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523-1024x584.png" alt="" class="wp-image-306437" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523-1024x584.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523-300x171.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523-768x438.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523-1536x876.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523-150x86.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/22160911/image-523.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>However, this is merely its user-facing exterior, designed to spread the word and attract an audience.</p>
<p>Beneath its playful facade, WienerAI boasts a cutting-edge trading bot that leverages predictive AI technology to make users better traders.</p>
<p>Users can ask the bot questions, and it will search the market to find the best trades.</p>
<p>It also delivers seamless trade execution that is MEV-resistant, instant, free, and noob-friendly.&nbsp;</p>
<p>Anyone who has traded on-chain understands the tiresome and clunky experience of buying tokens. But this is no longer an issue with WienerAI, marking a significant breakthrough for decentralized finance.</p>
<p>As such, leading industry figures like the 99Bitcoins YouTube channel have backed it for 100x gains.</p>
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<p>The project’s presale has raised $2.5 million and is ongoing. It is currently priced at $0.000709, but this price will rise throughout the campaign, with the next uptick in one day or when the total raise hits $2.7 million.</p>
<p><a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=dogecoin-price-prediction---can-doge-hit-$1-this-year" target="_blank" rel="noopener noreferrer nofollow"><strong>Visit WienerAI Presale</strong></a></p>

Dogecoin Price Prediction – Can DOGE Hit $1 This Year?

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