![\"DOGE\/USD.](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/DOGEUSD.png\")
<\/a>The chart above showcases DOGE\u2019s massive rally as of late, which drove it from $0.1 last month to $0.23 earlier today. This means that the meme coin soared to its highest price tag in nearly three years after surpassing the 2024 peak of $0.228 charted in March.<\/p>\n
Perhaps the most probable reason behind this impressive run<\/a> is Dogecoin\u2019s affiliation with Elon Musk, who has played a vital role in Donald Trump\u2019s victory in the 2024 US presidential elections. Trump and Musk spoke about establishing a Department of Government Efficiency (D.O.G.E) under the former\u2019s administration, which will be led by Tesla\u2019s CEO.<\/p>\n Given the acronym, DOGE\u2019s price benefited a lot after each time the potential new department was mentioned during the campaign speeches<\/a>.<\/p>\n Despite already being 110% up on a monthly scale, numerous X traders and analysts predict an even brighter future for the largest meme coin.<\/p>\n Mags, a crypto user with almost 100,000 followers, outlined a \u2018conservative\u2019 prediction of $1.17, which could be reached during a meme coin supercycle.<\/p>\n $DOGE<\/a> pump will melt faces.<\/p>\n Last cycle, I shared Dogecoin before it went up by 170x.<\/p>\n This time, I\u2019m targeting $1.17 \u2013 8x (conservative target)<\/p>\n We are in a memecoin supercycle, and you really think DOGE won\u2019t hit at least $1? https:\/\/t.co\/2e2PE6ahAX<\/a> pic.twitter.com\/ztP1Ue2XfD<\/a><\/p>\n \u2014 Mags (@thescalpingpro) November 9, 2024<\/a><\/p>\n<\/blockquote>\n Kev_Capital_TA was even more bullish, indicating a potential price level of $1.8 or even $3.9 under certain, rather unlikely, circumstances.<\/p>\n In every single #Dogecoin<\/a> cycle it has reached the 1.618 Macro Golden Pocket. The current Macro golden pocket is $3.90. However if we measure from the top before the Elon Saturday night live craziness then the macro golden pocket is at $1.80 \u2013 I personally believe $3.90 is highly\u2026 pic.twitter.com\/Y0aVFmC2SU<\/a><\/p>\n \u2014 Kevin (@Kev_Capital_TA) November 9, 2024<\/a><\/p>\n<\/blockquote>\n Prane\u0161imas Dogecoin (DOGE) Rallies 12% to 3-Year High Amid \u2018Face-Melting\u2019 Price Predictions<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The largest meme coin by market cap has continued its rally, which was solidified by Donald Trump\u2019s election as the new US president earlier this week, and has soared past $0.23 for the first time since the 2021 bull run. At the same time, numerous X analysts and users have started to predict rather wild […]<\/p>\n","protected":false},"author":0,"featured_media":11378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[21],"class_list":["post-11377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds","tag-dogecoin"],"yoast_head":"\n\n
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