{"id":631734,"date":"2024-07-27T02:30:23","date_gmt":"2024-07-27T02:30:23","guid":{"rendered":"https:\/\/wncen.com\/?p=631734"},"modified":"2024-07-26T12:14:05","modified_gmt":"2024-07-26T12:14:05","slug":"dogecoin-replicate-2021-18000-run","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-replicate-2021-18000-run\/","title":{"rendered":"Can Dogecoin Replicate Its 2021 18,000% Run? Here\u2019s What The Chart Says"},"content":{"rendered":"

Crypto analyst Kevin (formerly OG Yomi)<\/span><\/a> has made a bullish case for Dogecoin (DOGE). Based on his analysis, the foremost meme coin could replicate its <\/span>2021 bull run<\/span><\/a> when it enjoyed a price gain of 18,000%.<\/span><\/p>\n

Dogecoin Could Soon Replicate Its 2021 Bull Run<\/h2>\n

Kevin suggested in an X (formerly Twitter) <\/span>post<\/span><\/a> that Dogecoin could soon replicate its <\/span>2021 run<\/span><\/a> when it made a price gain of 18,000%. This came following his statement that DOGE is two to three weeks away from achieving its <\/span>first weekly golden cross<\/span><\/a> in four years. The analyst noted that the meme coin went \u201cparabolic\u201d for six straight months and enjoyed a price rally of 18,000% the last time this happened in 2021.\u00a0<\/span><\/p>\n

Related Reading: Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

Crypto analysts like Javon Marks have also raised the possibility of Dogecoin replicating its 2021 run and even surpassing it at different points in this market cycle. Marks <\/span>predicted<\/span><\/a> that the foremost meme coin could enjoy a price rally of over 21,000% in <\/span>this bull run<\/span><\/a> and rise to $17. This prediction is based on Dogecoin\u2019s historical breakout trend, in which the meme coin has enjoyed more significant price rallies in every subsequent bull run.\u00a0<\/span><\/p>\n

More recently, Marks <\/span>stated<\/span><\/a> that Dogecoin’s rise to $0.6533 is only a matter of time and that the meme coin could enjoy a 90% price rally to $1.25. While the analyst\u2019s price prediction of $17 is undoubtedly ambitious since it will give Dogecoin a market cap of about $2.4 trillion, the price target of $1 looks more feasible, and this is a price level that some other analysts, like Altcoin Sherpa, <\/span>have agreed<\/span><\/a> that DOGE can reach.\u00a0<\/span><\/p>\n

In the meantime, investors hope that Dogecoin can successfully achieve the Golden Cross and that history will repeat itself. DOGE is well in need of such a move, considering how the foremost meme coin has underperformed in comparison to other major meme coins like <\/span>Pepe (PEPE)<\/span><\/a>, Floki (FLOKI), and Dogwifhat (WIF).\u00a0<\/span><\/p>\n

One Last Opportunity To Buy DOGE<\/h2>\n

Crypto analyst The Cryptomist<\/span><\/a> recently suggested that investors will have one last opportunity to buy Dogecoin at a discount before it makes its parabolic move. Based on a <\/span>rising wedge pattern<\/span><\/a> highlighted on Dogecoin’s chart, she predicts that the foremost meme coin will still drop to as low as $0.08 and possibly $0.05.\u00a0<\/span><\/p>\n

Related Reading: End Of The Road? Shiba Inu\u2019s Shibarium Sees Massive 80.3% Crash In Active Accounts<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

However, she is bullish on Dogecoin long-term, stating that the foremost meme coin has a \u201chigh chance\u201d of reaching $1 this year. <\/span>Crypto analyst Crypto Kaleo<\/span><\/a> also recently <\/span>predicted<\/span><\/a> that Dogecoin could drop to as low as $0.08 <\/span>before it runs to $1<\/span><\/a>.<\/span><\/p>\n

\"Dogecoin
Source: X<\/figcaption><\/figure>\n

At the time of writing, Dogecoin is trading at around $0.129, up over 4% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE price rising from lows | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Kevin (formerly OG Yomi) has made a bullish case for Dogecoin (DOGE). Based on his analysis, the foremost meme coin could replicate its 2021 bull run when it enjoyed a price gain of 18,000%. Dogecoin Could Soon Replicate Its 2021 Bull Run Kevin suggested in an X (formerly Twitter) post that Dogecoin could soon replicate its 2021 run when it made a price gain of 18,000%. This came following his statement that DOGE is two to three weeks away from achieving its first weekly golden cross in four years. The analyst noted that the meme coin went \u201cparabolic\u201d for six straight months and enjoyed a price rally of 18,000% the last time this happened in 2021.\u00a0 Related Reading: Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA Crypto analysts like Javon Marks have also raised the possibility of Dogecoin replicating its 2021 run and even surpassing it at different points in this market cycle. Marks predicted that the foremost meme coin could enjoy a price rally of over 21,000% in this bull run and rise to $17. This prediction is based on Dogecoin\u2019s historical breakout trend, in which the meme coin has enjoyed more significant price rallies in every subsequent bull run.\u00a0 More recently, Marks stated that Dogecoin’s rise to $0.6533 is only a matter of time and that the meme coin could enjoy a 90% price rally to $1.25. While the analyst\u2019s price prediction of $17 is undoubtedly ambitious since it will give Dogecoin a market cap of about $2.4 trillion, the price target of $1 looks more feasible, and this is a price level that some other analysts, like Altcoin Sherpa, have agreed that DOGE can reach.\u00a0 In the meantime, investors hope that Dogecoin can successfully achieve the Golden Cross and that history will repeat itself. DOGE is well in need of such a move, considering how the foremost meme coin has underperformed in comparison to other major meme coins like Pepe (PEPE), Floki (FLOKI), and Dogwifhat (WIF).\u00a0 One Last Opportunity To Buy DOGE Crypto analyst The Cryptomist recently suggested that investors will have one last opportunity to buy Dogecoin at a discount before it makes its parabolic move. Based on a rising wedge pattern highlighted on Dogecoin’s chart, she predicts that the foremost meme coin will still drop to as low as $0.08 and possibly $0.05.\u00a0 Related Reading: End Of The Road? Shiba Inu\u2019s Shibarium Sees Massive 80.3% Crash In Active Accounts However, she is bullish on Dogecoin long-term, stating that the foremost meme coin has a \u201chigh chance\u201d of reaching $1 this year. Crypto analyst Crypto Kaleo also recently predicted that Dogecoin could drop to as low as $0.08 before it runs to $1. At the time of writing, Dogecoin is trading at around $0.129, up over 4% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":631782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-631734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nCan Dogecoin Replicate Its 2021 18,000% Run? 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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