Dogecoin Price Prediction: Top Expert Predicts DOGE Price To Hit $4 Amid Donald Trump's Victory
- Linda HamiltonOriginal
- 2024-11-07 00:20:13808browse
The crypto market, along with Bitcoin, altcoins, as well as meme coins, has noted a strong rally today, amid a flurry of positive market developments.
Cryptocurrency markets extended gains on Wednesday amid a rally in riskier assets.
Bitcoin rose 1.2% to $52,244.3 by 00:48 ET (04:48 GMT). The world’s largest cryptocurrency hit a record high of $58,350 in March.
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Among altcoins, Dogecoin soared 10.3%, while Litecoin, XRP, BNB, Ethereum and ADA rose between 0.2% and 2.5%.
Among meme coins, SHIB and AKITA both fell 0.5%.
Top Expert Predicts Dogecoin Price To Hit $4
In a recent analysis shared on the X platform, popular crypto market expert Ali Martinez said that the Dogecoin price is poised to hit $4 in the coming days.
Moreover, he went on to fuel speculations with his bold prediction over further robust rallies in the DOGE price.
Significantly, Martinez said that with Elon Musk’s backing to the “now” 47th President of the United States, Donald Trump, DOGE is “primed for a wild ride.” He went on to share historical trends to support his prediction, which if repeated, could send the meme coin to $4 or over $23.
This bold prediction by the top expert has sparked optimism among market participants over a strong run for one of the top meme coins. Echoing the sentiment, another crypto market expert and veteran trader Peter Brandt said that DOGE is set to hit a new ATH.
Meanwhile, Brandt, while sharing the bold prediction, also mentioned Elon Musk in his post and said “In Musk We Trust.” It’s worth noting that Elon Musk has been an active fan of Dogecoin and previously, he has mentioned DOGE several times on the social media platforms, sparking its price rally.
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