Dogecoin Price Eyes 362% Rally Amidst DOGE Treasury News
Dogecoin price is trading at $0.22 after rebounding from the $0.205 support earlier today.
The move follows news that CleanCore Solutions raised $175 million in private placements to build a Dogecoin treasury.
Analysts remain optimistic, with some setting massive DOGE price rallies of up to 362.1% and higher.
DOGE Price Set for 362 % Rally
Market analyst Bitcoinconsensus says Dogecoin is moving in line with the logarithmic uptrend.
On the weekly chart, he noted that DOGE was exhibiting bullish signs that could potentially lead to an upward breakout to $1.
In the past, Dogecoin has posted higher percentage gains. With almost every rally beating the last.
If this pattern holds, the next move could lift DOGE by approximately 362.1% or higher, which will position the meme coin’s price between $1 and $1.40.
A big jump from where it is now. Analysts view this as a strong opportunity for traders seeking to capitalize on...