Dogecoin Price Prediction: AI Sets DOGE Price For February 25

6 months ago 38

The Dogecoin (DOGE) marketplace has experienced respective trials implicit the years. Despite garnering accrued enactment from billionaire Elon Musk, DOGE failed to bring successful monolithic gains for its investors. The asset’s deficiency of inferior was a large shortcoming. The OG meme coin, however, remains wrong the apical ten, arsenic its marketplace headdress sits astatine $37.41 billion. Despite its rally during the past fewer months of 2024, DOGE struggled to deed $1. Is the plus looking guardant to redeeming itself this month?

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Has Dogecoin Started Its Recovery Phase?

Dogecoin dogeSource: Bitpanda

Following a alternatively bloody weekend, the OG meme coin was seen pocketing gains. The plus was trading astatine $0.2530 during the clip of writing. This comes aft a dainty emergence of 1% implicit the past 24 hours. It should beryllium noted that the meme coin besides slipped to a debased of $0.2426 earlier today.

Source: CoinMarketCap

In bid to scope $1, the meme cryptocurrency volition person to emergence by a staggering 295%. Dogecoin deed an all-time precocious of $0.7376 astir 4 years agone successful 2021. The plus is presently trading 65% beneath this peak. It looks similar DOGE volition beryllium capable to surge to a precocious of $1 lone if the wide marketplace witnesses a large displacement oregon if the US authorities adopts the asset.

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Price Prediction

Dogecoin investors could beryllium looking astatine a bullish extremity to the period of February. According to information from CoinCodex, the OG meme coin volition brushwood a surge of astir 130%. The plus is expected to commercialized astatine a precocious of $0.5839 connected February 25. The plus volition determination beyond the 50-cent people overmuch earlier the aforementioned date. This imaginable uptick comes arsenic a large respite for the meme coin and its investors.

Source: CoinCodex

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