Dogecoin Price Could Skyrocket by 10,000% Soon: Here’s the Reason Why

Crypto analyst Dogecoin Rise has sparked a wave of excitement on X suggesting that DOGE is primed for a major breakout and could potentially skyrocket by 10,000% in the near future.

The dogecoin (DOGE) cryptocurrency initiated life as a meme-themed digital currency during 2013 but currently experiences revival within crypto markets. Analyst Dogecoin Rise from X platform predicts that post-analyzing historical patterns alongside current market characteristics Dogecoin (DOGE) will experience a price increase of 10,000%.

The six-month DOGE price review done by Dogecoin Rise uncovered extended periods of consolidation which frequently produced extraordinary breakouts in the past.

During the 2015–2018 market period Dogecoin experienced a staggering 3,284.93% growth that elevated its price to $0.01838. During this time the meme cryptocurrency consolidated its growing market value while gaining widespread popularity. During the 2018–2021 cycle Dogecoin rose by an unprecedented 8,025.24% to achieve its peak price of $0.72995.

Here’s why a 10,000% Surge is a Possible Scenario

During the COVID-19 pandemic era the crypto market showed intense instability which impacted Dogecoin alongside its peers. As…