Analyst Identifies Altcoins That Can Rise 1000%
Dogecoin (DOGE)
All tokens in the list have already registered significant gains this year. In particular, Dogecoin has seen its price surge by 126.3% year-to-date (YTD). The canine-themed token is up 4.35% over the past day to $0.20. Expanding DOGE’s price by 10x, as Emily speculated, would put it at $2.2.
Some factors that could help Dogecoin achieve this feat include the Elon Musk effect, its dominance as the number-one meme-based token, the upcoming DOGE day, and the ongoing meme coin frenzy
At the current price of $0.20, 88% of DOGE holders are in profit, 11% have registered losses on their holdings, while only 1% are at breakeven, according to IntoTheBlock’s data.
