Dogecoin Explodes For 12% Gain: Why Is DOGE Going Up?

Dogecoin (CRYPTO: DOGE) is skyrocketing in Friday’s trading session, with its 12% price increase sparking bullish predictions from crypto analysts.

The apex meme coin outperformed its biggest rivals, leading the meme coin market as Bitcoin powered back above $98,000.

Cryptocurrency Price 24-Hour-Performance
Dogecoin (CRYPTO: DOGE) $0.381 +12.4%
Shiba Inu (CRYPTO: SHIB) $0.00002421 +5.8%
Pepe (CRYPTO: PEPE) $0.00002161 +5.8%

Trader Notes: Crypto trader Javon Marks noted Dogecoin’s impressive momentum, targeting an initial price of $0.6533—a 75% increase.

Should DOGE surpass this level, Marks predicts the rally could extend to $1.20 or higher, representing a potential 234% gain.

Trader Tardigrade suggests DOGE has hit a local bottom, signalling potential new highs.

Technical analyst Kevin emphasized the strength of …

Full story available on Benzinga.com

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