Dogecoin Could Hit $1 By 2025: Analyst Sees Potential for Meme Coin Rally

A recent technical analysis of Dogecoin (DOGE) suggests the cryptocurrency could reach a record high of $1 by 2025. This prediction comes from analyst Trader Alam, who observed cyclical patterns in the asset’s price history similar to its 2016-2018 breakout phase. Alam noticed that DOGE has displayed an extended bearish trend followed by a period of price stability before embarking on a significant price surge. He believes this current cycle may mirror the historical events and anticipates similar trends leading to a substantial rally.